Focus Financial Network Inc. acquired a new stake in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,000 shares of the construction company's stock, valued at approximately $275,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Koss Olinger Consulting LLC grew its holdings in shares of Beazer Homes USA by 1.8% during the 3rd quarter. Koss Olinger Consulting LLC now owns 16,548 shares of the construction company's stock worth $565,000 after purchasing an additional 297 shares in the last quarter. Harbor Capital Advisors Inc. grew its holdings in shares of Beazer Homes USA by 4.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 10,390 shares of the construction company's stock worth $355,000 after purchasing an additional 408 shares in the last quarter. Winslow Asset Management Inc. grew its holdings in shares of Beazer Homes USA by 0.4% during the 3rd quarter. Winslow Asset Management Inc. now owns 491,330 shares of the construction company's stock worth $16,789,000 after purchasing an additional 1,717 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Beazer Homes USA by 25.1% during the 3rd quarter. SG Americas Securities LLC now owns 10,032 shares of the construction company's stock worth $343,000 after purchasing an additional 2,014 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in shares of Beazer Homes USA by 16.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 15,536 shares of the construction company's stock worth $530,000 after purchasing an additional 2,197 shares in the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.
Beazer Homes USA Trading Down 4.6 %
Shares of BZH traded down $1.17 during mid-day trading on Tuesday, reaching $23.94. 172,613 shares of the company were exchanged, compared to its average volume of 474,011. Beazer Homes USA, Inc. has a 52 week low of $20.66 and a 52 week high of $38.22. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 15.52. The stock has a market capitalization of $746.77 million, a PE ratio of 6.09, a PEG ratio of 0.32 and a beta of 2.22. The business has a 50 day simple moving average of $26.90 and a two-hundred day simple moving average of $30.16.
Beazer Homes USA (NYSE:BZH - Get Free Report) last issued its quarterly earnings data 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%. On average, 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 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 investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Beazer Homes USA has a consensus rating of "Hold" and an average target price of $39.67.
Check Out Our Latest Stock Analysis on BZH
About Beazer Homes USA
(
Free Report)
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.
Further Reading
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