10,000 Shares in Beazer Homes USA, Inc. (NYSE:BZH) Bought by Focus Financial Network Inc.

Focus Financial Network Inc. purchased a new stake in Beazer Homes USA, Inc. (NYSE:BZH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the construction company’s stock, valued at approximately $275,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Donald Smith & CO. Inc. lifted its stake in shares of Beazer Homes USA by 1.5% in the third quarter. Donald Smith & CO. Inc. now owns 3,132,427 shares of the construction company’s stock valued at $107,035,000 after buying an additional 45,553 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of Beazer Homes USA by 52.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 545,983 shares of the construction company’s stock worth $18,656,000 after purchasing an additional 188,084 shares in the last quarter. Winslow Asset Management Inc. increased its position in shares of Beazer Homes USA by 0.4% during the third quarter. Winslow Asset Management Inc. now owns 491,330 shares of the construction company’s stock valued at $16,789,000 after purchasing an additional 1,717 shares during the period. Mill Road Capital Management LLC raised its stake in shares of Beazer Homes USA by 89.1% in the third quarter. Mill Road Capital Management LLC now owns 368,069 shares of the construction company’s stock valued at $12,577,000 after purchasing an additional 173,474 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in Beazer Homes USA by 711.4% in the third quarter. Victory Capital Management Inc. now owns 225,453 shares of the construction company’s stock worth $7,704,000 after purchasing an additional 197,666 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Beazer Homes USA Stock Performance

Shares of NYSE:BZH opened at $25.10 on Friday. 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 business’s fifty day moving average price is $27.20 and its two-hundred day moving average price is $30.32. Beazer Homes USA, Inc. has a fifty-two week low of $20.66 and a fifty-two week high of $38.22. The stock has a market capitalization of $783.06 million, a price-to-earnings ratio of 6.39, a price-to-earnings-growth ratio of 0.32 and a beta of 2.22.

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 return on equity of 10.12% and a net margin of 5.04%. As a group, analysts predict that Beazer Homes USA, Inc. will post 3.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wedbush restated an “outperform” rating and issued a $45.00 price objective 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 issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average 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.