69,209 Shares in Beazer Homes USA, Inc. $BZH Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas bought a new position in Beazer Homes USA, Inc. (NYSE:BZH) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 69,209 shares of the construction company’s stock, valued at approximately $1,548,000. Teacher Retirement System of Texas owned 0.23% of Beazer Homes USA as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BZH. US Bancorp DE increased its holdings in Beazer Homes USA by 48.1% during the 1st quarter. US Bancorp DE now owns 2,523 shares of the construction company’s stock valued at $51,000 after purchasing an additional 819 shares during the period. CWM LLC increased its holdings in Beazer Homes USA by 148.4% during the 1st quarter. CWM LLC now owns 4,002 shares of the construction company’s stock valued at $82,000 after purchasing an additional 2,391 shares during the period. AlphaQuest LLC increased its holdings in Beazer Homes USA by 58.3% during the 2nd quarter. AlphaQuest LLC now owns 4,300 shares of the construction company’s stock valued at $96,000 after purchasing an additional 1,583 shares during the period. Parallel Advisors LLC increased its holdings in Beazer Homes USA by 292.0% during the 2nd quarter. Parallel Advisors LLC now owns 4,582 shares of the construction company’s stock valued at $102,000 after purchasing an additional 3,413 shares during the period. Finally, Harbor Capital Advisors Inc. increased its holdings in Beazer Homes USA by 41.5% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 7,746 shares of the construction company’s stock valued at $173,000 after purchasing an additional 2,272 shares during the period. 85.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BZH. Oppenheimer restated an “outperform” rating and set a $30.00 price target (down previously from $33.00) on shares of Beazer Homes USA in a report on Monday, August 4th. Zacks Research upgraded Beazer Homes USA from a “strong sell” rating to a “hold” rating in a report on Friday, October 3rd. Wedbush restated an “outperform” rating and set a $41.00 price target on shares of Beazer Homes USA in a report on Friday, August 1st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Beazer Homes USA in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $31.33.

Beazer Homes USA Stock Performance

Shares of BZH stock opened at $22.19 on Wednesday. Beazer Homes USA, Inc. has a 12 month low of $17.37 and a 12 month high of $38.22. The stock has a market cap of $659.53 million, a PE ratio of 10.09, a price-to-earnings-growth ratio of 0.61 and a beta of 2.17. The company has a current ratio of 13.33, a quick ratio of 0.91 and a debt-to-equity ratio of 0.94. The company’s fifty day moving average price is $24.25 and its 200-day moving average price is $23.13.

About Beazer Homes USA

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.