Canada Pension Plan Investment Board Has $2.17 Million Stock Position in Beazer Homes USA, Inc. (NYSE:BZH)

Canada Pension Plan Investment Board grew its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 66.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,100 shares of the construction company's stock after acquiring an additional 31,500 shares during the period. Canada Pension Plan Investment Board owned 0.25% of Beazer Homes USA worth $2,172,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Beazer Homes USA by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 1,828,558 shares of the construction company's stock valued at $50,212,000 after buying an additional 22,033 shares in the last quarter. Boston Partners grew its stake in shares of Beazer Homes USA by 5.1% in the fourth quarter. Boston Partners now owns 1,123,125 shares of the construction company's stock valued at $30,946,000 after acquiring an additional 54,959 shares in the last quarter. First Eagle Investment Management LLC grew its stake in shares of Beazer Homes USA by 9.1% in the fourth quarter. First Eagle Investment Management LLC now owns 612,158 shares of the construction company's stock valued at $16,810,000 after acquiring an additional 51,027 shares in the last quarter. Victory Capital Management Inc. increased its position in Beazer Homes USA by 13.2% during the fourth quarter. Victory Capital Management Inc. now owns 255,113 shares of the construction company's stock worth $7,005,000 after acquiring an additional 29,660 shares during the period. Finally, Royce & Associates LP raised its stake in Beazer Homes USA by 16.4% in the 4th quarter. Royce & Associates LP now owns 231,861 shares of the construction company's stock worth $6,367,000 after purchasing an additional 32,730 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company's stock.

Analyst Ratings Changes

Separately, Wedbush reaffirmed an "outperform" rating and set a $45.00 target price 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 assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $39.67.

Beazer Homes USA Price Performance

Beazer Homes USA stock traded down $0.34 during trading hours on Tuesday, reaching $19.15. 42,771 shares of the stock were exchanged, compared to its average volume of 392,357. 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, Inc. has a twelve month low of $17.37 and a twelve month high of $38.22. The company has a market cap of $597.54 million, a P/E ratio of 4.88, a price-to-earnings-growth ratio of 0.35 and a beta of 2.05. The stock has a 50 day moving average of $20.76 and a two-hundred day moving average of $26.43.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its earnings results on Thursday, January 30th. The construction company reported $0.10 earnings per share 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%. Equities analysts expect that Beazer Homes USA, Inc. will post 3.48 EPS for the current fiscal year.

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.