Fuller & Thaler Asset Management Inc. Purchases Shares of 24,955 Beazer Homes USA, Inc. $BZH

Key Points

• Fuller & Thaler Asset Management Inc. has made a new investment in Beazer Homes USA, acquiring approximately 24,955 shares valued at around $509,000, representing an ownership of 0.08% as of the latest SEC filing.
• Institutional investors hold a significant majority of 85.65% of Beazer Homes USA's stock, with notable increases in stakes from firms like Mill Road Capital and Algert Global.
• Analysts have varied ratings on Beazer Homes USA, with Oppenheimer setting a price target of $30.00 and two analysts recommending a Buy rating, while the average consensus target price is $31.33.

Fuller & Thaler Asset Management Inc. purchased a new position in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,955 shares of the construction company's stock, valued at approximately $509,000. Fuller & Thaler Asset Management Inc. owned approximately 0.08% of Beazer Homes USA at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in shares of Beazer Homes USA during the 1st quarter worth approximately $474,000. Round Hill Asset Management acquired a new stake in Beazer Homes USA in the first quarter valued at approximately $1,315,000. American Century Companies Inc. boosted its position in Beazer Homes USA by 4.4% in the first quarter. American Century Companies Inc. now owns 73,880 shares of the construction company's stock valued at $1,506,000 after buying an additional 3,146 shares in the last quarter. Nuveen LLC acquired a new stake in Beazer Homes USA in the first quarter valued at approximately $1,651,000. Finally, Koss Olinger Consulting LLC boosted its position in Beazer Homes USA by 22.4% in the first quarter. Koss Olinger Consulting LLC now owns 23,205 shares of the construction company's stock valued at $473,000 after buying an additional 4,254 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on BZH. Wedbush restated an "outperform" rating and issued a $41.00 target price on shares of Beazer Homes USA in a research report on Friday, August 1st. B. Riley began coverage on shares of Beazer Homes USA in a research report on Monday, June 30th. They issued a "neutral" rating and a $23.00 target price on the stock. Finally, Oppenheimer restated an "outperform" rating and issued a $30.00 target price (down previously from $33.00) on shares of Beazer Homes USA in a research report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $31.33.

Beazer Homes USA Trading Down 0.0%

Shares of NYSE:BZH traded down $0.01 during mid-day trading on Tuesday, reaching $25.66. 132,964 shares of the company's stock were exchanged, compared to its average volume of 403,578. The firm has a market capitalization of $762.90 million, a price-to-earnings ratio of 11.64, a PEG ratio of 0.83 and a beta of 2.09. The business's fifty day moving average price is $23.68 and its 200-day moving average price is $22.12. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.91 and a current ratio of 13.33. Beazer Homes USA, Inc. has a twelve month low of $17.37 and a twelve month high of $38.22.

Beazer Homes USA (NYSE:BZH - Get Free Report) last announced its earnings results on Thursday, July 31st. The construction company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.16). Beazer Homes USA had a return on equity of 6.16% and a net margin of 2.84%.The firm had revenue of $545.37 million for the quarter, compared to the consensus estimate of $565.47 million. During the same period in the prior year, the business earned $0.88 EPS. Beazer Homes USA's quarterly revenue was down 8.4% on a year-over-year basis. On average, research analysts predict that Beazer Homes USA, Inc. will post 3.48 EPS for the current fiscal 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.