Fox Run Management L.L.C. Boosts Stock Position in Beazer Homes USA, Inc. (NYSE:BZH)

Fox Run Management L.L.C. increased its stake in Beazer Homes USA, Inc. (NYSE:BZH) by 55.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 23,911 shares of the construction company’s stock after purchasing an additional 8,548 shares during the quarter. Fox Run Management L.L.C. owned about 0.08% of Beazer Homes USA worth $657,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Intech Investment Management LLC bought a new position in Beazer Homes USA in the 3rd quarter worth about $371,000. Fisher Asset Management LLC bought a new position in shares of Beazer Homes USA in the third quarter valued at approximately $1,653,000. Quantbot Technologies LP grew its stake in Beazer Homes USA by 70.7% during the third quarter. Quantbot Technologies LP now owns 35,801 shares of the construction company’s stock valued at $1,223,000 after acquiring an additional 14,834 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Beazer Homes USA during the 3rd quarter worth approximately $1,370,000. Finally, Verition Fund Management LLC bought a new stake in Beazer Homes USA during the 3rd quarter worth approximately $910,000. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Beazer Homes USA Trading Up 4.1 %

Shares of BZH opened at $22.25 on Tuesday. Beazer Homes USA, Inc. has a 1-year low of $20.66 and a 1-year high of $38.22. The company has a market capitalization 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. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25. The firm’s 50 day simple moving average is $24.06 and its 200 day simple moving average is $28.93.

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

Analyst Ratings Changes

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