Counterpoint Mutual Funds LLC Makes New $330,000 Investment in Beazer Homes USA, Inc. (NYSE:BZH)

Counterpoint Mutual Funds LLC purchased a new position in Beazer Homes USA, Inc. (NYSE:BZH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 12,030 shares of the construction company’s stock, valued at approximately $330,000.

Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC increased its stake in shares of Beazer Homes USA by 16.5% in the third quarter. Sanctuary Advisors LLC now owns 15,536 shares of the construction company’s stock worth $530,000 after purchasing an additional 2,197 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Beazer Homes USA in the third quarter worth $125,000. GHE LLC increased its stake in shares of Beazer Homes USA by 7.5% in the fourth quarter. GHE LLC now owns 69,778 shares of the construction company’s stock worth $1,916,000 after purchasing an additional 4,841 shares in the last quarter. Ritholtz Wealth Management increased its stake in shares of Beazer Homes USA by 26.4% in the fourth quarter. Ritholtz Wealth Management now owns 25,082 shares of the construction company’s stock worth $689,000 after purchasing an additional 5,235 shares in the last quarter. Finally, Systematic Financial Management LP purchased a new stake in shares of Beazer Homes USA in the third quarter worth $182,000. 85.65% of the stock is currently owned by institutional investors.

Beazer Homes USA Stock Performance

BZH opened at $21.68 on Tuesday. The stock has a market capitalization of $676.33 million, a price-to-earnings ratio of 5.52, a PEG ratio of 0.35 and a beta of 2.26. The company has a fifty day moving average of $24.49 and a 200 day moving average of $29.23. Beazer Homes USA, Inc. has a fifty-two week low of $20.66 and a fifty-two week high of $38.22. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 15.52.

Beazer Homes USA (NYSE:BZH) last posted its earnings results 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 net margin of 5.04% and a return on equity of 10.12%. As a group, sell-side analysts forecast that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wedbush reaffirmed an “outperform” rating and set a $45.00 target price on shares of Beazer Homes USA in a research note on Friday, January 31st. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $39.67.

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.