New York State Common Retirement Fund Has $534,000 Stock Position in Beazer Homes USA, Inc. (NYSE:BZH)

New York State Common Retirement Fund raised its holdings in Beazer Homes USA, Inc. (NYSE:BZH) by 122.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,449 shares of the construction company’s stock after purchasing an additional 10,700 shares during the period. New York State Common Retirement Fund owned approximately 0.06% of Beazer Homes USA worth $534,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Point72 Asset Management L.P. bought a new position in Beazer Homes USA in the 3rd quarter valued at approximately $125,000. Systematic Financial Management LP acquired a new stake in shares of Beazer Homes USA during the third quarter worth $182,000. Metis Global Partners LLC acquired a new stake in shares of Beazer Homes USA during the third quarter worth $201,000. Quadrature Capital Ltd acquired a new stake in shares of Beazer Homes USA during the third quarter worth $262,000. Finally, Focus Financial Network Inc. acquired a new stake in shares of Beazer Homes USA during the fourth quarter worth $275,000. Institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Price Performance

BZH opened at $21.61 on Wednesday. The firm has a 50-day moving average price of $25.42 and a 200-day moving average price of $29.80. The company has a market capitalization of $674.30 million, a price-to-earnings ratio of 5.50, a PEG ratio of 0.35 and a beta of 2.22. Beazer Homes USA, Inc. has a twelve month low of $20.66 and a twelve month high of $38.22. 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) last announced its quarterly earnings data 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%. Equities analysts expect that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Wedbush reissued an “outperform” rating and set a $45.00 target price on shares of Beazer Homes USA in a research note on Friday, January 31st. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $39.67.

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.