Vanguard Group Inc. Grows Stock Holdings in Beazer Homes USA, Inc. (NYSE:BZH)

Vanguard Group Inc. boosted its position in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 1.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,828,558 shares of the construction company's stock after buying an additional 22,033 shares during the quarter. Vanguard Group Inc. owned approximately 5.86% of Beazer Homes USA worth $50,212,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BZH. Sanctuary Advisors LLC increased its position in shares of Beazer Homes USA by 16.5% in the third quarter. Sanctuary Advisors LLC now owns 15,536 shares of the construction company's stock valued at $530,000 after acquiring an additional 2,197 shares during the period. Koss Olinger Consulting LLC increased its holdings in Beazer Homes USA by 14.5% during the 4th quarter. Koss Olinger Consulting LLC now owns 18,951 shares of the construction company's stock valued at $520,000 after purchasing an additional 2,403 shares during the period. Point72 Asset Management L.P. bought a new position in Beazer Homes USA during the 3rd quarter valued at approximately $125,000. GHE LLC lifted its holdings in Beazer Homes USA by 7.5% in the 4th quarter. GHE LLC now owns 69,778 shares of the construction company's stock worth $1,916,000 after buying an additional 4,841 shares during the period. Finally, Ritholtz Wealth Management lifted its holdings in Beazer Homes USA by 26.4% in the 4th quarter. Ritholtz Wealth Management now owns 25,082 shares of the construction company's stock worth $689,000 after buying an additional 5,235 shares during the period. Hedge funds and other institutional investors own 85.65% of the company's stock.

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Wall Street Analyst Weigh In

Separately, Wedbush reaffirmed an "outperform" rating and issued a $45.00 price target on shares of Beazer Homes USA in a research note 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 data from MarketBeat.com, Beazer Homes USA presently has a consensus rating of "Hold" and an average price target of $39.67.

Beazer Homes USA Stock Down 0.3 %

Beazer Homes USA stock traded down $0.06 during trading hours on Tuesday, hitting $18.40. 281,671 shares of the stock traded hands, compared to its average volume of 394,037. Beazer Homes USA, Inc. has a one year low of $17.37 and a one year high of $38.22. The firm's 50-day moving average price is $21.78 and its two-hundred day moving average price is $27.40. The company has a current ratio of 15.52, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. The company has a market cap of $573.98 million, a PE ratio of 4.68, a PEG ratio of 0.35 and a beta of 2.05.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released 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 net margin of 5.04% and a return on equity of 10.12%. On average, research analysts forecast that Beazer Homes USA, Inc. will post 3.48 EPS 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.