Campbell & CO Investment Adviser LLC Has $603,000 Stake in Beazer Homes USA, Inc. (NYSE:BZH)

Campbell & CO Investment Adviser LLC reduced its holdings in Beazer Homes USA, Inc. (NYSE:BZHFree Report) by 44.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,836 shares of the construction company’s stock after selling 14,355 shares during the quarter. Campbell & CO Investment Adviser LLC owned approximately 0.06% of Beazer Homes USA worth $603,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Donald Smith & CO. Inc. grew its holdings in shares of Beazer Homes USA by 58.9% during the fourth quarter. Donald Smith & CO. Inc. now owns 2,586,642 shares of the construction company’s stock worth $87,403,000 after purchasing an additional 958,814 shares during the last quarter. Vanguard Group Inc. increased its position in Beazer Homes USA by 31.2% in the 3rd quarter. Vanguard Group Inc. now owns 2,194,979 shares of the construction company’s stock valued at $54,677,000 after acquiring an additional 521,596 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in shares of Beazer Homes USA in the fourth quarter worth about $24,971,000. Charles Schwab Investment Management Inc. lifted its position in shares of Beazer Homes USA by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 589,533 shares of the construction company’s stock worth $19,920,000 after purchasing an additional 22,669 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Beazer Homes USA by 152.0% during the third quarter. Invesco Ltd. now owns 485,318 shares of the construction company’s stock worth $12,089,000 after purchasing an additional 292,706 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Beazer Homes USA news, EVP Keith L. Belknap, Jr. sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $28.31, for a total transaction of $424,650.00. Following the sale, the executive vice president now directly owns 195,819 shares in the company, valued at approximately $5,543,635.89. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 6.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BZH shares. StockNews.com upgraded shares of Beazer Homes USA from a “sell” rating to a “hold” rating in a research report on Tuesday, June 4th. Oppenheimer initiated coverage on Beazer Homes USA in a research report on Friday, May 31st. They set an “outperform” rating and a $37.00 target price for the company. Finally, Wedbush reiterated a “neutral” rating and issued a $33.00 price target on shares of Beazer Homes USA in a report on Thursday, May 2nd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $36.00.

Read Our Latest Report on BZH

Beazer Homes USA Stock Performance

Shares of Beazer Homes USA stock opened at $28.10 on Friday. Beazer Homes USA, Inc. has a 52 week low of $22.03 and a 52 week high of $35.93. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 13.50. The stock has a market capitalization of $886.56 million, a price-to-earnings ratio of 5.42, a PEG ratio of 1.23 and a beta of 2.14. The firm has a fifty day moving average of $28.46 and a two-hundred day moving average of $29.91.

Beazer Homes USA (NYSE:BZHGet Free Report) last released its earnings results on Wednesday, May 1st. The construction company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.35. The firm had revenue of $541.50 million for the quarter, compared to analyst estimates of $569.88 million. Beazer Homes USA had a return on equity of 13.97% and a net margin of 7.48%. The company’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.13 earnings per share. As a group, equities research analysts predict that Beazer Homes USA, Inc. will post 4.64 EPS for the current year.

Beazer Homes USA Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Beazer Homes USA (NYSE:BZH)

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