Brandywine Global Investment Management LLC Has $2.91 Million Stake in Beazer Homes USA, Inc. (NYSE:BZH)

Brandywine Global Investment Management LLC reduced its holdings in Beazer Homes USA, Inc. (NYSE:BZH) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 105,982 shares of the construction company’s stock after selling 4,910 shares during the period. Brandywine Global Investment Management LLC’s holdings in Beazer Homes USA were worth $2,910,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BZH. Point72 Asset Management L.P. acquired a new position in Beazer Homes USA during the third quarter valued at approximately $125,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Beazer Homes USA in the 4th quarter valued at approximately $148,000. Systematic Financial Management LP bought a new position in shares of Beazer Homes USA in the third quarter valued at $182,000. Quadrature Capital Ltd acquired a new position in Beazer Homes USA during the third quarter worth $262,000. Finally, Focus Financial Network Inc. bought a new stake in Beazer Homes USA during the fourth quarter worth $275,000. 85.65% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wedbush reissued an “outperform” rating and issued a $45.00 price objective on shares of Beazer Homes USA in a research report on Friday, January 31st. Two equities 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.com, the company presently has a consensus rating of “Hold” and a consensus price target of $39.67.

Beazer Homes USA Stock Performance

Shares of NYSE BZH opened at $20.87 on Thursday. The company has a current ratio of 15.52, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $651.21 million, a P/E ratio of 5.31, a P/E/G ratio of 0.35 and a beta of 2.26. Beazer Homes USA, Inc. has a 12 month low of $19.80 and a 12 month high of $38.22. The stock has a 50 day moving average of $23.06 and a 200-day moving average of $28.43.

Beazer Homes USA (NYSE:BZH) last released 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%. As a group, equities research analysts predict that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

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.