Canada Pension Plan Investment Board Has $2.17 Million Stake in Beazer Homes USA, Inc. (NYSE:BZH)

Canada Pension Plan Investment Board increased its position in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 66.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,100 shares of the construction company's stock after purchasing an additional 31,500 shares during the quarter. Canada Pension Plan Investment Board owned 0.25% of Beazer Homes USA worth $2,172,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Focus Financial Network Inc. bought a new position in shares of Beazer Homes USA in the fourth quarter worth about $275,000. Ritholtz Wealth Management increased its holdings in shares of Beazer Homes USA by 26.4% during the fourth quarter. Ritholtz Wealth Management now owns 25,082 shares of the construction company's stock worth $689,000 after buying an additional 5,235 shares in the last quarter. Norges Bank bought a new position in shares of Beazer Homes USA in the 4th quarter valued at $4,149,000. Proficio Capital Partners LLC acquired a new stake in shares of Beazer Homes USA during the 4th quarter valued at $304,000. Finally, Barclays PLC grew its position in Beazer Homes USA by 26.3% during the 3rd quarter. Barclays PLC now owns 190,741 shares of the construction company's stock worth $6,516,000 after acquiring an additional 39,752 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wedbush reiterated an "outperform" rating and issued a $45.00 target price on shares of Beazer Homes USA in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $39.67.

Beazer Homes USA Trading Up 0.1 %

NYSE BZH traded up $0.01 on Friday, reaching $19.23. The company had a trading volume of 416,620 shares, compared to its average volume of 394,127. The firm has a market cap of $600.03 million, a price-to-earnings ratio of 4.89, a P/E/G ratio of 0.35 and a beta of 2.05. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25. Beazer Homes USA, Inc. has a fifty-two week low of $17.37 and a fifty-two week high of $38.22. The business has a 50 day moving average of $20.85 and a two-hundred day moving average of $26.55.

Beazer Homes USA (NYSE:BZH - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The construction company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.21). Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%. Analysts forecast that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Beazer Homes USA Profile

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.