First Eagle Investment Management LLC Grows Position in Beazer Homes USA, Inc. (NYSE:BZH)

First Eagle Investment Management LLC increased its holdings in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 9.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 612,158 shares of the construction company's stock after buying an additional 51,027 shares during the period. First Eagle Investment Management LLC owned about 1.96% of Beazer Homes USA worth $16,810,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in BZH. Victory Capital Management Inc. boosted its position in shares of Beazer Homes USA by 711.4% in the 3rd quarter. Victory Capital Management Inc. now owns 225,453 shares of the construction company's stock worth $7,704,000 after buying an additional 197,666 shares in the last quarter. Mill Road Capital Management LLC boosted its position in shares of Beazer Homes USA by 89.1% in the 3rd quarter. Mill Road Capital Management LLC now owns 368,069 shares of the construction company's stock worth $12,577,000 after buying an additional 173,474 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Beazer Homes USA by 783.6% in the 3rd quarter. Janus Henderson Group PLC now owns 123,702 shares of the construction company's stock worth $4,227,000 after buying an additional 109,702 shares in the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Beazer Homes USA in the 3rd quarter worth about $3,362,000. Finally, Peregrine Capital Management LLC boosted its position in shares of Beazer Homes USA by 43.8% in the 4th quarter. Peregrine Capital Management LLC now owns 211,010 shares of the construction company's stock worth $5,794,000 after buying an additional 64,240 shares in the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

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

Beazer Homes USA Trading Up 0.4 %

NYSE:BZH traded up $0.09 on Tuesday, reaching $21.75. The stock had a trading volume of 300,587 shares, compared to its average volume of 366,324. The company has a market cap of $678.67 million, a price-to-earnings ratio of 5.53, a P/E/G ratio of 0.35 and a beta of 2.26. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25. The firm's fifty day moving average is $24.49 and its two-hundred day moving average is $29.23. Beazer Homes USA, Inc. has a 12-month low of $20.66 and a 12-month high of $38.22.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its 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 net margin of 5.04% and a return on equity of 10.12%. Equities analysts expect that Beazer Homes USA, Inc. will post 3.48 EPS for the current fiscal 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.