Two Sigma Investments LP Acquires 22,565 Shares of Beazer Homes USA (BZH)

Two Sigma Investments LP raised its holdings in Beazer Homes USA (NYSE:BZH) by 28.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 101,375 shares of the construction company’s stock after buying an additional 22,565 shares during the period. Two Sigma Investments LP’s holdings in Beazer Homes USA were worth $1,947,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of BZH. SG Americas Securities LLC purchased a new position in Beazer Homes USA in the 3rd quarter valued at approximately $149,000. Centaurus Financial Inc. purchased a new position in Beazer Homes USA in the 4th quarter valued at approximately $204,000. Teacher Retirement System of Texas purchased a new position in Beazer Homes USA in the 4th quarter valued at approximately $210,000. Stone Ridge Asset Management LLC purchased a new position in Beazer Homes USA in the 4th quarter valued at approximately $219,000. Finally, Nordea Investment Management AB boosted its position in Beazer Homes USA by 65.2% in the 3rd quarter. Nordea Investment Management AB now owns 17,986 shares of the construction company’s stock valued at $337,000 after buying an additional 7,100 shares during the period. 90.21% of the stock is owned by institutional investors.

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BZH has been the subject of several recent research reports. ValuEngine raised shares of Beazer Homes USA from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research raised shares of Beazer Homes USA from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Monday, February 12th. TheStreet cut shares of Beazer Homes USA from a “b-” rating to a “c-” rating in a research report on Wednesday, February 7th. JMP Securities raised shares of Beazer Homes USA from an “underperform” rating to a “market perform” rating in a research report on Monday, February 12th. Finally, Wedbush raised shares of Beazer Homes USA from a “neutral” rating to an “outperform” rating and raised their price target for the company from $15.25 to $22.00 in a research report on Tuesday, February 13th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $20.25.

In other news, Director Stephen P. Zelnak, Jr. acquired 30,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was acquired at an average cost of $15.65 per share, with a total value of $469,500.00. Following the transaction, the director now owns 319,364 shares in the company, valued at $4,998,046.60. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Stephen P. Zelnak, Jr. acquired 15,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were purchased at an average cost of $15.68 per share, with a total value of $235,200.00. Following the completion of the transaction, the director now owns 319,364 shares in the company, valued at approximately $5,007,627.52. The disclosure for this purchase can be found here. 7.30% of the stock is currently owned by insiders.

Beazer Homes USA stock opened at $15.95 on Monday. The firm has a market cap of $536.21, a PE ratio of 10.36 and a beta of 2.53. Beazer Homes USA has a 12-month low of $11.58 and a 12-month high of $23.24. The company has a debt-to-equity ratio of 2.40, a current ratio of 18.95 and a quick ratio of 2.27.

Beazer Homes USA (NYSE:BZH) last released its quarterly earnings data on Tuesday, February 6th. The construction company reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.19. The business had revenue of $372.49 million during the quarter, compared to analysts’ expectations of $357.45 million. Beazer Homes USA had a negative net margin of 5.01% and a positive return on equity of 7.99%. sell-side analysts forecast that Beazer Homes USA will post 1.75 earnings per share for the current year.

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Beazer Homes USA Company Profile

Beazer Homes USA, Inc operates as a homebuilder in the United States. The company designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes brand name. It sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Delaware, Indiana, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.

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Institutional Ownership by Quarter for Beazer Homes USA (NYSE:BZH)

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