Sei Investments Co. Grows Stock Position in Beazer Homes USA, Inc. (NYSE:BZH)

Sei Investments Co. boosted its holdings in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 40.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 103,588 shares of the construction company's stock after purchasing an additional 29,772 shares during the period. Sei Investments Co. owned approximately 0.33% of Beazer Homes USA worth $2,845,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BZH. Point72 Asset Management L.P. acquired a new position in Beazer Homes USA in the 3rd quarter valued at about $125,000. Systematic Financial Management LP purchased a new position in shares of Beazer Homes USA in the 3rd quarter valued at approximately $182,000. Quadrature Capital Ltd acquired a new position in shares of Beazer Homes USA in the third quarter valued at approximately $262,000. Focus Financial Network Inc. purchased a new stake in shares of Beazer Homes USA during the fourth quarter worth approximately $275,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Beazer Homes USA during the fourth quarter worth $304,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wedbush restated an "outperform" rating and set 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 company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $39.67.

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Beazer Homes USA Price Performance

Shares of Beazer Homes USA stock traded up $1.36 during trading on Wednesday, reaching $19.65. The company's stock had a trading volume of 562,060 shares, compared to its average volume of 394,727. The business has a 50 day moving average price of $21.98 and a 200-day moving average price of $27.75. Beazer Homes USA, Inc. has a 12-month low of $17.65 and a 12-month high of $38.22. The company has a market capitalization of $613.14 million, a P/E ratio of 5.00, a price-to-earnings-growth ratio of 0.35 and a beta of 2.05. The company has a quick ratio of 1.25, a current ratio of 15.52 and a debt-to-equity ratio of 0.87.

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 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%. As a group, sell-side analysts anticipate that Beazer Homes USA, Inc. will post 3.48 EPS for the current 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.