Beazer Homes USA, Inc. (NYSE:BZH) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. raised its position in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 1.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,828,558 shares of the construction company's stock after acquiring an additional 22,033 shares during the period. Vanguard Group Inc. owned approximately 5.86% of Beazer Homes USA worth $50,212,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Focus Financial Network Inc. acquired a new position in Beazer Homes USA during the 4th quarter worth approximately $275,000. Ritholtz Wealth Management boosted its stake in shares of Beazer Homes USA by 26.4% in the fourth quarter. Ritholtz Wealth Management now owns 25,082 shares of the construction company's stock valued at $689,000 after buying an additional 5,235 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in Beazer Homes USA during the fourth quarter worth $304,000. Barclays PLC lifted its holdings in Beazer Homes USA by 26.3% in the third quarter. Barclays PLC now owns 190,741 shares of the construction company's stock valued at $6,516,000 after acquiring an additional 39,752 shares during the period. Finally, Rhumbline Advisers grew its stake in shares of Beazer Homes USA by 36.2% during the 4th quarter. Rhumbline Advisers now owns 63,727 shares of the construction company's stock worth $1,750,000 after purchasing an additional 16,933 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wedbush restated 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 analysts have rated the stock with a sell rating and three have issued a buy rating to the company. According to MarketBeat, Beazer Homes USA currently has an average rating of "Hold" and a consensus target price of $39.67.

Beazer Homes USA Trading Up 1.6 %

BZH traded up $0.29 during trading on Thursday, hitting $18.23. The company's stock had a trading volume of 62,384 shares, compared to its average volume of 448,905. The stock has a market cap of $568.92 million, a PE ratio of 4.64, a PEG ratio of 0.35 and a beta of 2.05. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25. Beazer Homes USA, Inc. has a twelve month low of $17.37 and a twelve month high of $38.22. The firm's 50 day moving average price is $21.62 and its 200-day moving average price is $27.28.

Beazer Homes USA (NYSE:BZH - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The construction company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.21). Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.12%. On average, analysts expect that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current 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.