Fox Run Management L.L.C. Acquires 8,548 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Fox Run Management L.L.C. lifted its holdings in Beazer Homes USA, Inc. (NYSE:BZH) by 55.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 23,911 shares of the construction company’s stock after acquiring an additional 8,548 shares during the quarter. Fox Run Management L.L.C.’s holdings in Beazer Homes USA were worth $657,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in BZH. Boston Partners lifted its stake in Beazer Homes USA by 5.1% in the fourth quarter. Boston Partners now owns 1,123,125 shares of the construction company’s stock worth $30,946,000 after purchasing an additional 54,959 shares during the last quarter. First Eagle Investment Management LLC increased its holdings in shares of Beazer Homes USA by 9.1% in the fourth quarter. First Eagle Investment Management LLC now owns 612,158 shares of the construction company’s stock worth $16,810,000 after buying an additional 51,027 shares during the period. Mill Road Capital Management LLC lifted its stake in shares of Beazer Homes USA by 89.1% in the 3rd quarter. Mill Road Capital Management LLC now owns 368,069 shares of the construction company’s stock valued at $12,577,000 after acquiring an additional 173,474 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Beazer Homes USA by 13.2% during the 4th quarter. Victory Capital Management Inc. now owns 255,113 shares of the construction company’s stock valued at $7,005,000 after acquiring an additional 29,660 shares during the period. Finally, Royce & Associates LP grew its position in Beazer Homes USA by 16.4% during the 4th quarter. Royce & Associates LP now owns 231,861 shares of the construction company’s stock worth $6,367,000 after acquiring an additional 32,730 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Stock Performance

Beazer Homes USA stock opened at $22.25 on Tuesday. The company has a current ratio of 15.52, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. The firm has a market cap of $694.24 million, a P/E ratio of 5.66, a P/E/G ratio of 0.35 and a beta of 2.26. Beazer Homes USA, Inc. has a 1-year low of $20.66 and a 1-year high of $38.22. The firm has a 50-day moving average of $24.06 and a 200-day moving average of $28.93.

Beazer Homes USA (NYSE:BZH) last released its quarterly earnings data on Thursday, January 30th. The construction company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.21). Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%. Sell-side analysts expect that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Wedbush reiterated an “outperform” rating and issued a $45.00 price objective on shares of Beazer Homes USA in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Beazer Homes USA presently has an average rating of “Hold” and an average price target of $39.67.

Beazer Homes USA Company 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.