Boston Partners Boosts Holdings in Beazer Homes USA, Inc. (NYSE:BZH)

Boston Partners grew its position in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 5.1% during the fourth quarter, HoldingsChannel reports. The firm owned 1,123,125 shares of the construction company’s stock after buying an additional 54,959 shares during the period. Boston Partners’ holdings in Beazer Homes USA were worth $30,946,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Sanctuary Advisors LLC increased its stake in shares of Beazer Homes USA by 16.5% in the third quarter. Sanctuary Advisors LLC now owns 15,536 shares of the construction company’s stock worth $530,000 after buying an additional 2,197 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Beazer Homes USA in the third quarter worth $125,000. GHE LLC increased its stake in shares of Beazer Homes USA by 7.5% in the fourth quarter. GHE LLC now owns 69,778 shares of the construction company’s stock worth $1,916,000 after buying an additional 4,841 shares during the last quarter. Ritholtz Wealth Management increased its stake in shares of Beazer Homes USA by 26.4% in the fourth quarter. Ritholtz Wealth Management now owns 25,082 shares of the construction company’s stock worth $689,000 after buying an additional 5,235 shares during the last quarter. Finally, Systematic Financial Management LP bought a new stake in shares of Beazer Homes USA in the third quarter worth $182,000. Institutional investors own 85.65% of the company’s stock.

Analysts Set New Price Targets

Separately, Wedbush restated an “outperform” rating and issued a $45.00 price target 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $39.67.

Beazer Homes USA Stock Performance

Beazer Homes USA stock opened at $22.14 on Thursday. The company has a market cap of $690.77 million, a PE ratio of 5.63, a P/E/G ratio of 0.35 and a beta of 2.26. The company has a fifty day moving average price of $24.31 and a two-hundred day moving average price of $29.12. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25. Beazer Homes USA, Inc. has a 12 month low of $20.66 and a 12 month high of $38.22.

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 return on equity of 10.12% and a net margin of 5.04%. Research analysts expect that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current year.

About Beazer Homes USA

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.