Rhumbline Advisers Purchases 16,933 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Rhumbline Advisers grew its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 36.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,727 shares of the construction company's stock after buying an additional 16,933 shares during the quarter. Rhumbline Advisers owned about 0.20% of Beazer Homes USA worth $1,750,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in BZH. Winslow Asset Management Inc. boosted its stake in Beazer Homes USA by 0.4% during the third quarter. Winslow Asset Management Inc. now owns 491,330 shares of the construction company's stock valued at $16,789,000 after buying an additional 1,717 shares in the last quarter. Mill Road Capital Management LLC lifted its holdings in 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 valued at $12,577,000 after acquiring an additional 173,474 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Beazer Homes USA by 711.4% during the 3rd quarter. Victory Capital Management Inc. now owns 225,453 shares of the construction company's stock valued at $7,704,000 after purchasing an additional 197,666 shares in the last quarter. Barclays PLC grew its stake in shares of Beazer Homes USA by 26.3% in the 3rd quarter. Barclays PLC now owns 190,741 shares of the construction company's stock worth $6,516,000 after purchasing an additional 39,752 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Beazer Homes USA by 5.1% in the 4th quarter. Empowered Funds LLC now owns 170,465 shares of the construction company's stock worth $4,681,000 after purchasing an additional 8,248 shares in the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Remove Ads

Wall Street Analyst Weigh In

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

Beazer Homes USA Trading Down 0.0 %

BZH traded down $0.01 during trading on Friday, reaching $23.20. The company had a trading volume of 449,727 shares, compared to its average volume of 487,353. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 15.52. Beazer Homes USA, Inc. has a 12-month low of $20.66 and a 12-month high of $38.22. The company has a market cap of $723.75 million, a price-to-earnings ratio of 5.90, a PEG ratio of 0.35 and a beta of 2.26. The firm's 50-day simple moving average is $25.12 and its 200 day simple moving average is $29.66.

Beazer Homes USA (NYSE:BZH - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The construction company reported $0.10 EPS for the quarter, missing the consensus estimate 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 research analysts anticipate that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current year.

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.