AQR Capital Management LLC Boosts Stock Holdings in Beazer Homes USA, Inc. (NYSE:BZH)

AQR Capital Management LLC boosted its stake in Beazer Homes USA, Inc. (NYSE:BZH) by 23.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 146,793 shares of the construction company’s stock after purchasing an additional 27,861 shares during the quarter. AQR Capital Management LLC owned about 0.47% of Beazer Homes USA worth $4,031,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sterling Capital Management LLC lifted its position in shares of Beazer Homes USA by 776.2% in the fourth quarter. Sterling Capital Management LLC now owns 920 shares of the construction company’s stock worth $25,000 after buying an additional 815 shares in the last quarter. Quarry LP purchased a new stake in shares of Beazer Homes USA during the 4th quarter worth approximately $69,000. KLP Kapitalforvaltning AS bought a new position in shares of Beazer Homes USA during the 4th quarter valued at approximately $148,000. Tower Research Capital LLC TRC grew its holdings in shares of Beazer Homes USA by 61.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,018 shares of the construction company’s stock valued at $165,000 after purchasing an additional 2,290 shares in the last quarter. Finally, Focus Financial Network Inc. bought a new stake in Beazer Homes USA in the fourth quarter worth $275,000. Institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Trading Up 0.2 %

Shares of BZH opened at $21.54 on Friday. The company’s fifty day simple moving average is $20.37 and its 200-day simple moving average is $25.78. The company has a market cap of $652.73 million, a P/E ratio of 5.48, a P/E/G ratio of 0.35 and a beta of 2.20. The company has a current ratio of 15.52, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. Beazer Homes USA, Inc. has a twelve month low of $17.37 and a twelve month high of $38.22.

Beazer Homes USA (NYSE:BZH) last announced its quarterly earnings data on Thursday, May 1st. The construction company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.16. The business had revenue of $565.34 million during the quarter, compared to the consensus estimate of $543.60 million. Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.12%. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.26 earnings per share. As a group, analysts expect that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Analyst Ratings Changes

Several research firms have commented on BZH. Oppenheimer reiterated an “outperform” rating and set a $33.00 price objective (down previously from $37.00) on shares of Beazer Homes USA in a research report on Tuesday, April 29th. Wedbush reaffirmed an “outperform” rating and issued a $41.00 price target (down previously from $45.00) on shares of Beazer Homes USA in a report on Friday, May 2nd. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $37.00.

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.