Counterpoint Mutual Funds LLC Purchases Shares of 12,030 Beazer Homes USA, Inc. (NYSE:BZH)

Counterpoint Mutual Funds LLC bought a new stake in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 12,030 shares of the construction company's stock, valued at approximately $330,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Point72 Asset Management L.P. bought a new stake in Beazer Homes USA during the third quarter valued at about $125,000. Systematic Financial Management LP bought a new position in shares of Beazer Homes USA during the 3rd quarter worth approximately $182,000. Metis Global Partners LLC bought a new position in shares of Beazer Homes USA during the 3rd quarter worth approximately $201,000. Quadrature Capital Ltd purchased a new stake in Beazer Homes USA during the third quarter valued at approximately $262,000. Finally, Focus Financial Network Inc. acquired a new stake in Beazer Homes USA in the fourth quarter valued at approximately $275,000. Hedge funds and other institutional investors own 85.65% of the company's stock.

Beazer Homes USA Stock Performance

Shares of Beazer Homes USA stock traded down $0.68 during midday trading on Friday, hitting $21.41. The company had a trading volume of 628,860 shares, compared to its average volume of 469,664. The company has a fifty day simple moving average of $24.22 and a 200 day simple moving average of $29.07. The stock has a market cap of $668.06 million, a price-to-earnings ratio of 5.45, a PEG ratio of 0.35 and a beta of 2.26. The company has a quick ratio of 1.25, a current ratio of 15.52 and a debt-to-equity ratio of 0.87. Beazer Homes USA, Inc. has a 12-month low of $20.66 and a 12-month high of $38.22.

Remove Ads

Beazer Homes USA (NYSE:BZH - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The construction company reported $0.10 earnings per share (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%. As a group, analysts predict that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Wedbush reaffirmed an "outperform" rating and set a $45.00 price target on shares of Beazer Homes USA in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $39.67.

Beazer Homes USA Company 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.