Mill Road Capital Management LLC Boosts Position in Beazer Homes USA, Inc. (NYSE:BZH)

Mill Road Capital Management LLC grew its stake in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 81.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 666,058 shares of the construction company's stock after buying an additional 297,989 shares during the quarter. Beazer Homes USA makes up 8.7% of Mill Road Capital Management LLC's portfolio, making the stock its 3rd biggest holding. Mill Road Capital Management LLC owned 2.13% of Beazer Homes USA worth $18,290,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BZH. Sterling Capital Management LLC grew its position in shares of Beazer Homes USA by 776.2% during the fourth quarter. Sterling Capital Management LLC now owns 920 shares of the construction company's stock worth $25,000 after purchasing an additional 815 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of Beazer Homes USA during the fourth quarter worth about $148,000. Tower Research Capital LLC TRC grew its position in shares of Beazer Homes USA by 61.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,018 shares of the construction company's stock worth $165,000 after purchasing an additional 2,290 shares in the last quarter. Focus Financial Network Inc. purchased a new stake in shares of Beazer Homes USA during the fourth quarter worth about $275,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Beazer Homes USA during the fourth quarter worth about $300,000. Hedge funds and other institutional investors own 85.65% of the company's stock.

Beazer Homes USA Price Performance

BZH traded down $0.39 during trading hours on Tuesday, hitting $19.10. The company's stock had a trading volume of 77,884 shares, compared to its average volume of 442,743. The business's 50-day moving average price is $20.76 and its 200-day moving average price is $26.43. Beazer Homes USA, Inc. has a 12 month low of $17.37 and a 12 month high of $38.22. The stock has a market cap of $595.98 million, a price-to-earnings ratio of 4.86, a P/E/G ratio of 0.35 and a beta of 2.05. 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 announced its quarterly 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%. Sell-side analysts expect that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wedbush reiterated an "outperform" rating and set a $45.00 target price on shares of Beazer Homes USA in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $39.67.

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.