Beazer Homes USA, Inc. (NYSE:BZH) Stock Holdings Increased by Two Sigma Advisers LP

Two Sigma Advisers LP grew its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 2.3% in the 4th quarter, HoldingsChannel reports. The firm owned 263,240 shares of the construction company’s stock after acquiring an additional 5,800 shares during the quarter. Two Sigma Advisers LP’s holdings in Beazer Homes USA were worth $7,229,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mill Road Capital Management LLC boosted its holdings in Beazer Homes USA by 81.0% in the fourth quarter. Mill Road Capital Management LLC now owns 666,058 shares of the construction company’s stock worth $18,290,000 after purchasing an additional 297,989 shares in the last quarter. Norges Bank bought a new stake in Beazer Homes USA during the 4th quarter worth about $4,149,000. Algert Global LLC grew its stake in shares of Beazer Homes USA by 582.0% during the fourth quarter. Algert Global LLC now owns 160,008 shares of the construction company’s stock valued at $4,394,000 after purchasing an additional 136,548 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Beazer Homes USA in the 4th quarter valued at $2,618,000. Finally, Peregrine Capital Management LLC increased its position in Beazer Homes USA by 43.8% in the fourth quarter. Peregrine Capital Management LLC now owns 211,010 shares of the construction company’s stock worth $5,794,000 after purchasing an additional 64,240 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Beazer Homes USA news, Director John J. Kelley III purchased 10,000 shares of the firm’s stock in a transaction on Friday, May 9th. The stock was acquired at an average price of $21.50 per share, for a total transaction of $215,000.00. Following the purchase, the director now owns 15,917 shares of the company’s stock, valued at $342,215.50. This trade represents a 169.00% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 6.52% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have commented on BZH shares. Wedbush reaffirmed an “outperform” rating and set a $41.00 target price (down previously from $45.00) on shares of Beazer Homes USA in a report on Friday, May 2nd. Oppenheimer reaffirmed an “outperform” rating and issued a $33.00 price target (down previously from $37.00) on shares of Beazer Homes USA in a research note on Tuesday, April 29th. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $37.00.

Beazer Homes USA Trading Up 0.2%

BZH stock opened at $20.74 on Friday. The company’s 50-day simple moving average is $20.31 and its 200 day simple moving average is $25.13. Beazer Homes USA, Inc. has a 52 week low of $17.37 and a 52 week high of $38.22. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 15.52. The company has a market capitalization of $628.58 million, a PE ratio of 5.28, a price-to-earnings-growth ratio of 0.35 and a beta of 2.20.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Thursday, May 1st. The construction company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.16. Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.12%. The company had revenue of $565.34 million for the quarter, compared to the consensus estimate of $543.60 million. During the same period last year, the company posted $1.26 EPS. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current 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.