95,328 Shares in Beazer Homes USA, Inc. (NYSE:BZH) Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC bought a new stake in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 95,328 shares of the construction company's stock, valued at approximately $2,618,000. Renaissance Technologies LLC owned approximately 0.31% of Beazer Homes USA as of its most recent filing with the Securities and Exchange Commission.

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

Beazer Homes USA Stock Performance

NYSE:BZH traded up $0.22 during mid-day trading on Wednesday, hitting $19.57. The stock had a trading volume of 396,322 shares, compared to its average volume of 394,205. The company's 50 day simple moving average is $20.58 and its 200 day simple moving average is $26.34. The stock has a market cap of $610.64 million, a price-to-earnings ratio of 4.98, a PEG ratio of 0.35 and a beta of 2.05. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 15.52. 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 posted its earnings results on Thursday, January 30th. The construction company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by ($0.21). Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%. On average, equities research analysts forecast that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on BZH. Oppenheimer reiterated an "outperform" rating and set a $33.00 target price (down previously from $37.00) on shares of Beazer Homes USA in a report on Tuesday. Wedbush reiterated an "outperform" rating and set a $45.00 price objective on shares of Beazer Homes USA in a research note on Friday, January 31st. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $38.33.

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.