Quantbot Technologies LP Has $1.22 Million Stock Holdings in Beazer Homes USA, Inc. (NYSE:BZH)

Quantbot Technologies LP raised its holdings in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 70.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,801 shares of the construction company's stock after acquiring an additional 14,834 shares during the quarter. Quantbot Technologies LP owned about 0.12% of Beazer Homes USA worth $1,223,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its stake in shares of Beazer Homes USA by 5.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,780 shares of the construction company's stock valued at $584,000 after purchasing an additional 943 shares during the period. Boston Partners acquired a new position in Beazer Homes USA in the first quarter valued at about $15,411,000. Harbor Capital Advisors Inc. boosted its holdings in Beazer Homes USA by 10.7% during the second quarter. Harbor Capital Advisors Inc. now owns 9,982 shares of the construction company's stock worth $274,000 after buying an additional 967 shares during the last quarter. Register Financial Advisors LLC grew its position in shares of Beazer Homes USA by 12.0% during the 2nd quarter. Register Financial Advisors LLC now owns 63,481 shares of the construction company's stock worth $1,744,000 after buying an additional 6,825 shares during the period. Finally, Summit Global Investments increased its stake in shares of Beazer Homes USA by 4.4% in the 2nd quarter. Summit Global Investments now owns 43,362 shares of the construction company's stock valued at $1,192,000 after acquiring an additional 1,841 shares during the last quarter. 85.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wedbush raised shares of Beazer Homes USA from a "neutral" rating to an "outperform" rating and lifted their price objective for the stock from $41.00 to $45.00 in a research note on Thursday, September 5th. StockNews.com cut shares of Beazer Homes USA from a "hold" rating to a "sell" rating in a research report on Monday, August 5th. Finally, Zelman & Associates restated an "underperform" rating on shares of Beazer Homes USA in a research report on Tuesday, September 17th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $39.67.

Insider Activity

In other news, CFO David I. Goldberg sold 6,057 shares of Beazer Homes USA stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $32.06, for a total value of $194,187.42. Following the sale, the chief financial officer now directly owns 131,004 shares in the company, valued at $4,199,988.24. This trade represents a 4.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.99% of the company's stock.

Beazer Homes USA Stock Up 0.1 %

BZH stock traded up $0.02 during mid-day trading on Friday, hitting $34.95. 113,101 shares of the company were exchanged, compared to its average volume of 387,744. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.87 and a current ratio of 14.29. Beazer Homes USA, Inc. has a 1-year low of $25.48 and a 1-year high of $38.22. The firm's 50 day simple moving average is $32.78 and its 200 day simple moving average is $30.74. The firm has a market cap of $1.09 billion, a P/E ratio of 7.72, a P/E/G ratio of 0.39 and a beta of 2.18.

Beazer Homes USA (NYSE:BZH - Get Free Report) last issued its quarterly earnings data on Wednesday, November 13th. The construction company reported $1.69 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.34. The business had revenue of $806.20 million for the quarter, compared to analyst estimates of $775.42 million. Beazer Homes USA had a net margin of 6.02% and a return on equity of 11.95%. The firm's quarterly revenue was up 24.9% on a year-over-year basis. During the same period last year, the business posted $1.80 earnings per share. On average, sell-side analysts predict that Beazer Homes USA, Inc. will post 4.44 EPS for the current fiscal year.

About Beazer Homes USA

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.