Thrivent Financial for Lutherans purchased a new position in shares of Beazer Homes USA, Inc. (NYSE:BZH) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 44,610 shares of the construction company’s stock, valued at approximately $287,000. Thrivent Financial for Lutherans owned approximately 0.14% of Beazer Homes USA as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. lifted its stake in shares of Beazer Homes USA by 11.5% in the 1st quarter. BlackRock Inc. now owns 2,789,108 shares of the construction company’s stock valued at $17,961,000 after acquiring an additional 288,047 shares during the last quarter. Donald Smith & CO. Inc. lifted its position in Beazer Homes USA by 11.3% in the first quarter. Donald Smith & CO. Inc. now owns 2,614,685 shares of the construction company’s stock valued at $16,839,000 after purchasing an additional 266,060 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of Beazer Homes USA by 27.0% during the first quarter. Acadian Asset Management LLC now owns 1,080,117 shares of the construction company’s stock valued at $6,956,000 after purchasing an additional 229,662 shares during the period. FMR LLC bought a new position in shares of Beazer Homes USA in the first quarter worth approximately $10,786,000. Finally, State Street Corp increased its stake in shares of Beazer Homes USA by 25.7% in the first quarter. State Street Corp now owns 809,054 shares of the construction company’s stock worth $5,210,000 after buying an additional 165,376 shares during the period. Hedge funds and other institutional investors own 82.49% of the company’s stock.
Shares of NYSE BZH opened at $10.04 on Wednesday. The firm has a fifty day simple moving average of $9.45 and a two-hundred day simple moving average of $10.70. Beazer Homes USA, Inc. has a 12 month low of $4.39 and a 12 month high of $17.23. The company has a current ratio of 14.12, a quick ratio of 2.49 and a debt-to-equity ratio of 2.61. The firm has a market capitalization of $311.52 million, a PE ratio of 5.77 and a beta of 2.36.
BZH has been the subject of several analyst reports. Zacks Investment Research cut shares of Beazer Homes USA from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. ValuEngine lowered shares of Beazer Homes USA from a “sell” rating to a “strong sell” rating in a report on Tuesday, March 3rd. Wedbush reduced their price target on Beazer Homes USA from $16.00 to $8.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Finally, TheStreet lowered Beazer Homes USA from a “c-” rating to a “d+” rating in a research report on Monday, March 16th.
Beazer Homes USA Profile
Beazer Homes USA, Inc operates as a homebuilder in the United States. The company designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes, Gatherings, and Choice Plans names. It sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Delaware, Indiana, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.
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