Harbor Capital Advisors Inc. Has $355,000 Holdings in Beazer Homes USA, Inc. (NYSE:BZH)

Harbor Capital Advisors Inc. lifted its holdings in Beazer Homes USA, Inc. (NYSE:BZH) by 4.1% during the third quarter, HoldingsChannel.com reports. The firm owned 10,390 shares of the construction company’s stock after purchasing an additional 408 shares during the period. Harbor Capital Advisors Inc.’s holdings in Beazer Homes USA were worth $355,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Innealta Capital LLC acquired a new stake in Beazer Homes USA in the 2nd quarter valued at $88,000. Capstone Investment Advisors LLC boosted its stake in shares of Beazer Homes USA by 8.2% during the 1st quarter. Capstone Investment Advisors LLC now owns 7,071 shares of the construction company’s stock worth $232,000 after buying an additional 533 shares during the last quarter. Creative Planning bought a new position in shares of Beazer Homes USA in the 3rd quarter valued at about $286,000. SG Americas Securities LLC increased its position in shares of Beazer Homes USA by 25.1% in the third quarter. SG Americas Securities LLC now owns 10,032 shares of the construction company’s stock valued at $343,000 after acquiring an additional 2,014 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Beazer Homes USA during the second quarter worth about $379,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. B. Riley lowered their price target on Beazer Homes USA from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. StockNews.com cut shares of Beazer Homes USA from a “hold” rating to a “sell” rating in a research note on Monday, August 5th. Wedbush raised shares of Beazer Homes USA from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $41.00 to $45.00 in a research report on Thursday, September 5th. Finally, Zelman & Associates reissued an “underperform” rating on shares of Beazer Homes USA in a research report on Tuesday, September 17th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $39.67.

Beazer Homes USA Price Performance

NYSE:BZH opened at $32.97 on Friday. The company has a quick ratio of 0.92, a current ratio of 12.42 and a debt-to-equity ratio of 0.91. Beazer Homes USA, Inc. has a 12-month low of $25.48 and a 12-month high of $35.20. The stock’s 50 day moving average price is $32.22 and its two-hundred day moving average price is $30.08. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 7.11, a P/E/G ratio of 1.32 and a beta of 2.18.

Beazer Homes USA Profile

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.