Rhumbline Advisers Acquires 16,933 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Rhumbline Advisers increased its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 36.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,727 shares of the construction company’s stock after purchasing an additional 16,933 shares during the quarter. Rhumbline Advisers owned about 0.20% of Beazer Homes USA worth $1,750,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Point72 Asset Management L.P. bought a new stake in shares of Beazer Homes USA during the third quarter worth approximately $125,000. Systematic Financial Management LP acquired a new stake in Beazer Homes USA during the 3rd quarter worth $182,000. Metis Global Partners LLC bought a new stake in shares of Beazer Homes USA during the 3rd quarter valued at $201,000. Quadrature Capital Ltd acquired a new position in shares of Beazer Homes USA in the 3rd quarter valued at $262,000. Finally, Focus Financial Network Inc. bought a new position in shares of Beazer Homes USA in the 4th quarter worth $275,000. Institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Trading Up 0.3 %

BZH opened at $21.61 on Wednesday. The firm’s fifty day moving average is $25.42 and its two-hundred day moving average is $29.80. The firm has a market cap of $674.30 million, a PE ratio of 5.50, a price-to-earnings-growth 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 debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 15.52.

Beazer Homes USA (NYSE:BZH) 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%. Equities research analysts anticipate that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Wedbush reissued an “outperform” rating and issued a $45.00 target price on shares of Beazer Homes USA in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $39.67.

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.