Counterpoint Mutual Funds LLC Acquires Shares of 12,030 Beazer Homes USA, Inc. (NYSE:BZH)

Counterpoint Mutual Funds LLC acquired a new stake in shares of Beazer Homes USA, Inc. (NYSE:BZH) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,030 shares of the construction company’s stock, valued at approximately $330,000.

Several other institutional investors have also bought and sold shares of the business. Victory Capital Management Inc. lifted its holdings in shares of Beazer Homes USA by 711.4% in the 3rd quarter. Victory Capital Management Inc. now owns 225,453 shares of the construction company’s stock worth $7,704,000 after acquiring an additional 197,666 shares during the last quarter. Metis Global Partners LLC bought a new stake in shares of Beazer Homes USA in the 3rd quarter worth about $201,000. Empowered Funds LLC lifted its holdings in shares of Beazer Homes USA by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 162,217 shares of the construction company’s stock worth $5,543,000 after acquiring an additional 8,174 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Beazer Homes USA by 5.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 131,981 shares of the construction company’s stock worth $4,510,000 after acquiring an additional 6,841 shares during the last quarter. Finally, Intech Investment Management LLC bought a new stake in shares of Beazer Homes USA in the 3rd quarter worth about $371,000. Institutional investors own 85.65% of the company’s stock.

Analysts Set New Price Targets

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

Beazer Homes USA Trading Up 1.3 %

Shares of BZH opened at $21.68 on Tuesday. Beazer Homes USA, Inc. has a 1-year low of $20.66 and a 1-year high of $38.22. The company has a 50-day moving average of $24.49 and a 200 day moving average of $29.23. The firm has a market capitalization of $676.33 million, a price-to-earnings ratio of 5.52, a PEG ratio of 0.35 and a beta of 2.26. 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 (NYSE:BZH) last announced its quarterly earnings data 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 net margin of 5.04% and a return on equity of 10.12%. On average, research analysts expect that Beazer Homes USA, Inc. will post 3.48 EPS 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.