Beazer Homes USA, Inc. (NYSE:BZH) Holdings Lifted by AQR Capital Management LLC

AQR Capital Management LLC increased its position in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 23.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 146,793 shares of the construction company's stock after buying an additional 27,861 shares during the quarter. AQR Capital Management LLC owned about 0.47% of Beazer Homes USA worth $4,031,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sterling Capital Management LLC raised its position in Beazer Homes USA by 776.2% in the fourth quarter. Sterling Capital Management LLC now owns 920 shares of the construction company's stock valued at $25,000 after purchasing an additional 815 shares during the period. Quarry LP acquired a new position in Beazer Homes USA during the 4th quarter worth approximately $69,000. KLP Kapitalforvaltning AS purchased a new stake in shares of Beazer Homes USA during the fourth quarter valued at approximately $148,000. Tower Research Capital LLC TRC boosted its stake in shares of Beazer Homes USA by 61.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,018 shares of the construction company's stock valued at $165,000 after purchasing an additional 2,290 shares during the period. Finally, Focus Financial Network Inc. purchased a new stake in Beazer Homes USA during the 4th quarter worth $275,000. Institutional investors and hedge funds own 85.65% of the company's stock.

Insiders Place Their Bets

In related news, Director John J. Kelley III purchased 10,000 shares of the company's stock in a transaction that occurred on Friday, May 9th. The shares were purchased at an average price of $21.50 per share, with a total value of $215,000.00. Following the purchase, the director now owns 15,917 shares of the company's stock, valued at $342,215.50. This trade represents a 169.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 6.52% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

Beazer Homes USA Price Performance

BZH stock traded up $1.51 during trading hours on Tuesday, hitting $23.36. 829,996 shares of the stock traded hands, compared to its average volume of 393,594. The stock has a 50-day simple moving average of $20.36 and a 200 day simple moving average of $25.63. The company has a market cap of $707.88 million, a P/E ratio of 5.94, a P/E/G ratio of 0.35 and a beta of 2.20. Beazer Homes USA, Inc. has a one year low of $17.37 and a one year high of $38.22. The company has a current ratio of 15.52, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87.

Beazer Homes USA (NYSE:BZH - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The construction company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.16. Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.12%. The company had revenue of $565.34 million during the quarter, compared to analyst estimates of $543.60 million. During the same quarter last year, the firm posted $1.26 EPS. The business's revenue for the quarter was up 4.4% on a year-over-year basis. Equities 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.