Proficio Capital Partners LLC Takes Position in Beazer Homes USA, Inc. (NYSE:BZH)

Proficio Capital Partners LLC purchased a new position in Beazer Homes USA, Inc. (NYSE:BZH) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,066 shares of the construction company’s stock, valued at approximately $304,000.

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

Beazer Homes USA Price Performance

NYSE:BZH opened at $22.14 on Wednesday. Beazer Homes USA, Inc. has a 12 month low of $20.66 and a 12 month high of $38.22. The stock has a 50 day moving average of $24.91 and a two-hundred day moving average of $29.51. 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 firm has a market cap of $690.71 million, a P/E ratio of 5.63, a price-to-earnings-growth ratio of 0.35 and a beta of 2.26.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings data on Thursday, January 30th. The construction company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.21). Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%. On average, analysts expect that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wedbush reaffirmed an “outperform” rating and issued a $45.00 price target on shares of Beazer Homes USA in a report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Beazer Homes USA presently has an average rating of “Hold” and an average 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.