AlphaQuest LLC Invests $732,000 in Beazer Homes USA, Inc. (NYSE:BZH)

AlphaQuest LLC acquired a new position in shares of Beazer Homes USA, Inc. (NYSE:BZH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 26,664 shares of the construction company’s stock, valued at approximately $732,000. AlphaQuest LLC owned 0.09% of Beazer Homes USA as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BZH. Winslow Asset Management Inc. lifted its holdings in 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 valued at $16,789,000 after purchasing an additional 1,717 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in Beazer Homes USA by 16.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 15,536 shares of the construction company’s stock valued at $530,000 after purchasing an additional 2,197 shares during the last quarter. Point72 Asset Management L.P. bought a new position in Beazer Homes USA during the 3rd quarter valued at about $125,000. GHE LLC lifted its holdings in Beazer Homes USA by 7.5% during the 4th quarter. GHE LLC now owns 69,778 shares of the construction company’s stock valued at $1,916,000 after purchasing an additional 4,841 shares during the last quarter. Finally, Ritholtz Wealth Management lifted its holdings in Beazer Homes USA by 26.4% during the 4th quarter. Ritholtz Wealth Management now owns 25,082 shares of the construction company’s stock valued at $689,000 after purchasing an additional 5,235 shares during the last quarter. 85.65% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Beazer Homes USA Stock Down 2.4 %

Shares of NYSE:BZH opened at $22.14 on Wednesday. Beazer Homes USA, Inc. has a one year low of $20.66 and a one year high of $38.22. The company has a 50 day moving average of $24.91 and a 200-day moving average of $29.51. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25. The stock has a market cap of $690.71 million, a price-to-earnings ratio of 5.63, a P/E/G ratio of 0.35 and a beta of 2.26.

Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings results 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, sell-side analysts forecast that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current year.

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.