GSA Capital Partners LLP Boosts Stock Position in Beazer Homes USA, Inc. (NYSE:BZH)

GSA Capital Partners LLP boosted its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 170.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 40,948 shares of the construction company's stock after buying an additional 25,829 shares during the period. GSA Capital Partners LLP owned approximately 0.13% of Beazer Homes USA worth $1,399,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. First Eagle Investment Management LLC grew its position in Beazer Homes USA by 53.3% in the 1st quarter. First Eagle Investment Management LLC now owns 359,686 shares of the construction company's stock valued at $11,798,000 after acquiring an additional 125,100 shares during the last quarter. Marshall Wace LLP grew its position in shares of Beazer Homes USA by 91.9% during the 2nd quarter. Marshall Wace LLP now owns 57,769 shares of the construction company's stock worth $1,587,000 after buying an additional 27,666 shares in the last quarter. Koss Olinger Consulting LLC bought a new position in shares of Beazer Homes USA during the 2nd quarter worth $447,000. Boston Partners bought a new position in shares of Beazer Homes USA during the 1st quarter worth $15,411,000. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Beazer Homes USA by 25.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 88,817 shares of the construction company's stock worth $2,441,000 after buying an additional 17,790 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company's stock.

Beazer Homes USA Stock Up 12.0 %

NYSE BZH traded up $3.82 during trading on Thursday, hitting $35.78. The company's stock had a trading volume of 764,178 shares, compared to its average volume of 359,642. The company has a debt-to-equity ratio of 0.91, a current ratio of 12.42 and a quick ratio of 0.92. The company has a market cap of $1.11 billion, a PE ratio of 7.95, a P/E/G ratio of 1.36 and a beta of 2.18. The business's 50 day simple moving average is $32.40 and its 200-day simple moving average is $30.25. Beazer Homes USA, Inc. has a fifty-two week low of $25.48 and a fifty-two week high of $38.22.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on BZH shares. StockNews.com downgraded Beazer Homes USA from a "hold" rating to a "sell" rating in a research report on Monday, August 5th. B. Riley dropped their price target on Beazer Homes USA from $38.00 to $37.00 and set a "buy" rating on the stock in a research report on Friday, August 2nd. Zelman & Associates reissued an "underperform" rating on shares of Beazer Homes USA in a research report on Tuesday, September 17th. Finally, Wedbush upgraded Beazer Homes USA from a "neutral" rating to an "outperform" rating and upped their price objective for the stock from $41.00 to $45.00 in a research note on Thursday, September 5th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $39.67.

Insiders Place Their Bets

In related news, CFO David I. Goldberg sold 6,057 shares of Beazer Homes USA stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $32.06, for a total transaction of $194,187.42. Following the completion of the sale, the chief financial officer now owns 131,004 shares of the company's stock, valued at $4,199,988.24. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 6.99% of the company's stock.

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.