13,599 Shares in Beazer Homes USA, Inc. (NYSE:BZH) Acquired by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV bought a new stake in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 13,599 shares of the construction company's stock, valued at approximately $373,000.

Several other institutional investors have also added to or reduced their stakes in the business. Freestone Grove Partners LP bought a new position in Beazer Homes USA in the 4th quarter worth $604,000. AQR Capital Management LLC grew its stake in shares of Beazer Homes USA by 23.4% during the 4th quarter. AQR Capital Management LLC now owns 146,793 shares of the construction company's stock valued at $4,031,000 after acquiring an additional 27,861 shares during the period. Northern Trust Corp increased its holdings in Beazer Homes USA by 10.4% in the 4th quarter. Northern Trust Corp now owns 290,695 shares of the construction company's stock worth $7,982,000 after acquiring an additional 27,503 shares in the last quarter. Gratia Capital LLC boosted its position in shares of Beazer Homes USA by 376.4% in the fourth quarter. Gratia Capital LLC now owns 80,000 shares of the construction company's stock worth $2,197,000 after purchasing an additional 63,206 shares during the period. Finally, Quarry LP purchased a new position in shares of Beazer Homes USA during the 4th quarter valued at $69,000. 85.65% of the stock is currently owned by institutional investors.

Beazer Homes USA Trading Down 0.3%

NYSE:BZH traded down $0.06 during midday trading on Tuesday, hitting $22.30. 21,129 shares of the company traded hands, compared to its average volume of 392,797. 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's fifty day moving average is $20.35 and its 200-day moving average is $25.33. The firm has a market capitalization of $675.88 million, a P/E ratio of 5.67, a P/E/G ratio of 0.35 and a beta of 2.20. Beazer Homes USA, Inc. has a 12-month low of $17.37 and a 12-month high of $38.22.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its earnings results on Thursday, May 1st. The construction company reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.16. Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%. The firm had revenue of $565.34 million for the quarter, compared to analysts' expectations of $543.60 million. During the same quarter in the prior year, the firm posted $1.26 earnings per share. The company's quarterly revenue was up 4.4% on a year-over-year basis. On average, sell-side analysts predict that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Insider Activity

In related news, Director John J. Kelley III acquired 10,000 shares of the company's stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average price of $21.50 per share, with a total value of $215,000.00. Following the completion of the transaction, the director now directly owns 15,917 shares in the company, valued at $342,215.50. This trade represents a 169.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 6.52% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on BZH shares. Wedbush reissued an "outperform" rating and set a $41.00 price target (down from $45.00) on shares of Beazer Homes USA in a report on Friday, May 2nd. Oppenheimer reiterated an "outperform" rating and issued a $33.00 price target (down from $37.00) on shares of Beazer Homes USA in a report on Tuesday, April 29th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to MarketBeat, Beazer Homes USA currently has a consensus rating of "Hold" and a consensus price target of $37.00.

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.