1 week Ago By ABMN Staff
Legal & General Group Plc cut its position in shares of Beazer Homes USA, Inc. ( NYSE:BZH – Free Report ) by 4.0% during the fourth quarter, HoldingsChannel.
com reports. The institutional investor owned 33,522 shares of the construction company’s stock after selling 1,410 shares during the quarter. Legal & General Group Plc’s holdings in Beazer Homes USA were worth $921,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in the stock. KLP Kapitalforvaltning AS acquired a new stake in shares of Beazer Homes USA in the fourth quarter valued at about $148,000. Focus Financial Network Inc.
acquired a new stake in shares of Beazer Homes USA during the fourth quarter valued at about $275,000. Dynamic Technology Lab Private Ltd purchased a new stake in Beazer Homes USA in the fourth quarter valued at approximately $300,000. Proficio Capital Partners LLC purchased a new stake in Beazer Homes USA in the fourth quarter valued at approximately $304,000.
Finally, Counterpoint Mutual Funds LLC purchased a new stake in Beazer Homes USA in the fourth quarter valued at approximately $330,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades Separately, Wedbush reaffirmed an “outperform” rating and set a $45.00 price objective on shares of Beazer Homes USA in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company.
According to MarketBeat, Beazer Homes USA presently has an average rating of “Hold” and a consensus price target of $39.67. Beazer Homes USA Stock Performance NYSE:BZH opened at $19.
23 on Monday. The firm has a market capitalization of $600.03 million, a PE ratio of 4.
89, a price-to-earnings-growth ratio of 0.35 and a beta of 2.05.
The business’s fifty day moving average price is $20.85 and its 200 day moving average price is $26.52.
The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.
25. Beazer Homes USA, Inc. has a 12 month low of $17.
37 and a 12 month high of $38.22. Beazer Homes USA ( NYSE:BZH – Get Free Report ) last released its quarterly earnings data on Thursday, January 30th.
The construction company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.
21). Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.
12%. On average, sell-side analysts anticipate that Beazer Homes USA, Inc. will post 3.
48 earnings per share for the current fiscal 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. Further Reading Want to see what other hedge funds are holding BZH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Beazer Homes USA, Inc.
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