AlphaQuest LLC Acquires New Holdings in Beazer Homes USA, Inc. (NYSE:BZH)

AlphaQuest LLC acquired a new stake in shares of Beazer Homes USA, Inc. (NYSE:BZH) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 26,664 shares of the construction company’s stock, valued at approximately $732,000.

Other institutional investors have also recently bought and sold shares of the company. Point72 Asset Management L.P. bought a new position in Beazer Homes USA in the third quarter valued at approximately $125,000. Systematic Financial Management LP bought a new position in Beazer Homes USA in the third quarter valued at approximately $182,000. Metis Global Partners LLC bought a new position in Beazer Homes USA in the third quarter valued at approximately $201,000. Quadrature Capital Ltd bought a new position in Beazer Homes USA in the third quarter valued at approximately $262,000. Finally, Focus Financial Network Inc. bought a new position in Beazer Homes USA in the fourth quarter valued at approximately $275,000. Institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Stock Performance

Shares of BZH stock opened at $22.14 on Wednesday. The company’s fifty day simple moving average is $24.91 and its 200-day simple moving average is $29.51. The company has a quick ratio of 1.25, a current ratio of 15.52 and a debt-to-equity ratio of 0.87. The firm has a market cap of $690.71 million, a PE ratio of 5.63, a P/E/G ratio of 0.35 and a beta of 2.26. Beazer Homes USA, Inc. has a 12 month low of $20.66 and a 12 month high of $38.22.

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

Analysts Set New Price Targets

Separately, Wedbush reaffirmed an “outperform” rating and issued a $45.00 price target 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 given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $39.67.

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.