Ritholtz Wealth Management Buys 5,235 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Ritholtz Wealth Management raised its stake in Beazer Homes USA, Inc. (NYSE:BZH) by 26.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,082 shares of the construction company’s stock after purchasing an additional 5,235 shares during the period. Ritholtz Wealth Management owned approximately 0.08% of Beazer Homes USA worth $689,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Donald Smith & CO. Inc. lifted its holdings in shares of Beazer Homes USA by 1.5% during the 3rd quarter. Donald Smith & CO. Inc. now owns 3,132,427 shares of the construction company’s stock worth $107,035,000 after acquiring an additional 45,553 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Beazer Homes USA by 52.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 545,983 shares of the construction company’s stock worth $18,656,000 after acquiring an additional 188,084 shares during the period. Winslow Asset Management Inc. lifted its holdings in shares of Beazer Homes USA by 0.4% during the 3rd quarter. Winslow Asset Management Inc. now owns 491,330 shares of the construction company’s stock worth $16,789,000 after acquiring an additional 1,717 shares during the period. Mill Road Capital Management LLC lifted its holdings in shares of 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 acquiring an additional 173,474 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in 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 during the last quarter. 85.65% of the stock is owned by institutional investors.

Beazer Homes USA Trading Down 1.2 %

Shares of BZH stock opened at $28.22 on Tuesday. Beazer Homes USA, Inc. has a 12-month low of $25.39 and a 12-month high of $38.22. The company has a market capitalization of $880.59 million, a P/E ratio of 6.23, a P/E/G ratio of 0.29 and a beta of 2.24. The firm has a 50-day moving average price of $30.51 and a 200 day moving average price of $31.03. The company has a quick ratio of 1.87, a current ratio of 14.29 and a debt-to-equity ratio of 0.83.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings data on Wednesday, November 13th. The construction company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.34. The firm had revenue of $806.20 million during the quarter, compared to analysts’ expectations of $775.42 million. Beazer Homes USA had a net margin of 6.02% and a return on equity of 11.95%. The company’s quarterly revenue was up 24.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.80 EPS. Research analysts forecast that Beazer Homes USA, Inc. will post 4.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wedbush reissued an “outperform” rating and set a $45.00 price target on shares of Beazer Homes USA in a report on Monday, December 23rd. Two investment 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, the company currently has a consensus rating of “Hold” and a consensus target price of $39.67.

Insider Buying and Selling at Beazer Homes USA

In other Beazer Homes USA news, CFO David I. Goldberg sold 6,057 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $32.06, for a total value of $194,187.42. Following the completion of the sale, the chief financial officer now owns 131,004 shares in the company, valued at approximately $4,199,988.24. This trade represents a 4.42 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 6.52% of the company’s stock.

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.