Victory Capital Management Inc. Acquires 29,660 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Victory Capital Management Inc. lifted its holdings in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 13.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,113 shares of the construction company's stock after acquiring an additional 29,660 shares during the quarter. Victory Capital Management Inc. owned approximately 0.82% of Beazer Homes USA worth $7,005,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Mill Road Capital Management LLC lifted its holdings in Beazer Homes USA by 89.1% during the 3rd quarter. Mill Road Capital Management LLC now owns 368,069 shares of the construction company's stock worth $12,577,000 after buying an additional 173,474 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of Beazer Homes USA by 783.6% during the 3rd quarter. Janus Henderson Group PLC now owns 123,702 shares of the construction company's stock valued at $4,227,000 after acquiring an additional 109,702 shares during the last quarter. Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Beazer Homes USA during the 3rd quarter valued at $3,362,000. Peregrine Capital Management LLC raised its position in shares of Beazer Homes USA by 43.8% during the 4th quarter. Peregrine Capital Management LLC now owns 211,010 shares of the construction company's stock valued at $5,794,000 after acquiring an additional 64,240 shares during the last quarter. Finally, Denali Advisors LLC bought a new stake in shares of Beazer Homes USA during the 4th quarter valued at $1,359,000. 85.65% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

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

Beazer Homes USA Trading Up 0.4 %

Shares of BZH traded up $0.09 during trading hours on Tuesday, reaching $21.75. The stock had a trading volume of 300,587 shares, compared to its average volume of 366,324. 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, Inc. has a 52 week low of $20.66 and a 52 week high of $38.22. The firm has a 50-day moving average of $24.49 and a 200 day moving average of $29.23. The company has a market cap of $678.67 million, a P/E ratio of 5.53, a P/E/G ratio of 0.35 and a beta of 2.26.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The construction company reported $0.10 EPS for the quarter, missing analysts' consensus estimates 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, sell-side analysts expect that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current fiscal year.

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.