Royce & Associates LP Raises Stake in Beazer Homes USA, Inc. (NYSE:BZH)

Royce & Associates LP increased its position in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 16.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 231,861 shares of the construction company's stock after purchasing an additional 32,730 shares during the quarter. Royce & Associates LP owned approximately 0.74% of Beazer Homes USA worth $6,367,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. First Eagle Investment Management LLC lifted its position in shares of Beazer Homes USA by 9.1% during the 4th quarter. First Eagle Investment Management LLC now owns 612,158 shares of the construction company's stock worth $16,810,000 after buying an additional 51,027 shares in the last quarter. Vestcor Inc bought a new stake in Beazer Homes USA during the fourth quarter worth $484,000. AlphaQuest LLC purchased a new position in Beazer Homes USA in the fourth quarter worth $732,000. Raymond James Financial Inc. bought a new position in Beazer Homes USA in the 4th quarter valued at $1,216,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Beazer Homes USA during the 4th quarter valued at $304,000. 85.65% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Wedbush reissued an "outperform" rating and issued a $45.00 price target 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 assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $39.67.

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Beazer Homes USA Stock Performance

NYSE BZH traded down $0.68 on Friday, hitting $21.41. 628,860 shares of the stock traded hands, compared to its average volume of 368,560. 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 business's fifty day moving average is $24.14 and its two-hundred day moving average is $29.00. Beazer Homes USA, Inc. has a 12 month low of $20.66 and a 12 month high of $38.22. The firm has a market capitalization of $668.06 million, a price-to-earnings ratio of 5.45, a PEG ratio of 0.35 and a beta of 2.26.

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 for the quarter, missing the consensus estimate 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, equities analysts anticipate 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.