Boston Partners Acquires 9,807 Shares of Beazer Homes USA, Inc. $BZH

Boston Partners increased its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 0.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,122,703 shares of the construction company’s stock after buying an additional 9,807 shares during the period. Boston Partners owned 3.78% of Beazer Homes USA worth $25,256,000 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. US Bancorp DE grew its holdings in shares of Beazer Homes USA by 48.1% in the 1st quarter. US Bancorp DE now owns 2,523 shares of the construction company’s stock valued at $51,000 after buying an additional 819 shares during the period. CWM LLC increased its stake in Beazer Homes USA by 148.4% in the 1st quarter. CWM LLC now owns 4,002 shares of the construction company’s stock valued at $82,000 after buying an additional 2,391 shares during the last quarter. AlphaQuest LLC increased its position in shares of Beazer Homes USA by 58.3% in the second quarter. AlphaQuest LLC now owns 4,300 shares of the construction company’s stock valued at $96,000 after acquiring an additional 1,583 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Beazer Homes USA by 292.0% during the 2nd quarter. Parallel Advisors LLC now owns 4,582 shares of the construction company’s stock worth $102,000 after purchasing an additional 3,413 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its position in Beazer Homes USA by 41.5% during the second quarter. Harbor Capital Advisors Inc. now owns 7,746 shares of the construction company’s stock worth $173,000 after acquiring an additional 2,272 shares in the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BZH has been the subject of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of Beazer Homes USA in a research note on Wednesday. Zacks Research downgraded Beazer Homes USA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 18th. Oppenheimer restated an “outperform” rating and issued a $30.00 price target (down previously from $33.00) on shares of Beazer Homes USA in a research report on Monday, August 4th. Finally, Wedbush reaffirmed an “outperform” rating and set a $41.00 price target on shares of Beazer Homes USA in a report on Friday, August 1st. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $31.33.

Beazer Homes USA Stock Performance

Shares of BZH opened at $23.02 on Friday. The firm’s fifty day simple moving average is $22.85 and its two-hundred day simple moving average is $23.26. Beazer Homes USA, Inc. has a 12 month low of $17.37 and a 12 month high of $35.76. The stock has a market capitalization of $685.08 million, a P/E ratio of 10.46, a price-to-earnings-growth ratio of 0.61 and a beta of 2.16. The company has a current ratio of 13.33, a quick ratio of 0.91 and a debt-to-equity ratio of 0.94.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Thursday, November 13th. The construction company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.27. The firm had revenue of $791.90 million during the quarter, compared to the consensus estimate of $674.80 million. Beazer Homes USA had a net margin of 2.84% and a return on equity of 6.16%. The business’s revenue was down 1.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.69 earnings per share. As a group, analysts predict that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

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.