Systematic Financial Management LP lessened its holdings in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 91.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,315 shares of the construction company’s stock after selling 369,566 shares during the period. Systematic Financial Management LP owned about 0.11% of Beazer Homes USA worth $681,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in BZH. Teachers Advisors LLC increased its holdings in Beazer Homes USA by 3.2% during the 1st quarter. Teachers Advisors LLC now owns 61,075 shares of the construction company’s stock valued at $741,000 after purchasing an additional 1,910 shares during the period. Vanguard Group Inc. boosted its position in Beazer Homes USA by 19.4% during the 1st quarter. Vanguard Group Inc. now owns 1,594,255 shares of the construction company’s stock valued at $19,339,000 after acquiring an additional 258,694 shares in the last quarter. Geode Capital Management LLC boosted its position in Beazer Homes USA by 8.1% during the 1st quarter. Geode Capital Management LLC now owns 251,019 shares of the construction company’s stock valued at $3,044,000 after acquiring an additional 18,821 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Beazer Homes USA by 2.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 419,250 shares of the construction company’s stock valued at $5,085,000 after acquiring an additional 8,080 shares in the last quarter. Finally, Morgan Stanley boosted its position in Beazer Homes USA by 50.9% during the 1st quarter. Morgan Stanley now owns 275,991 shares of the construction company’s stock valued at $3,348,000 after acquiring an additional 93,035 shares in the last quarter. Institutional investors own 84.27% of the company’s stock.

Shares of Beazer Homes USA, Inc. (NYSE BZH) opened at $20.60 on Friday. The company has a debt-to-equity ratio of 1.95, a current ratio of 18.20 and a quick ratio of 3.30. Beazer Homes USA, Inc. has a 12-month low of $11.18 and a 12-month high of $23.24. The company has a market capitalization of $690.36, a P/E ratio of 16.79 and a beta of 2.73.

Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings results on Tuesday, November 14th. The construction company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.50. Beazer Homes USA had a return on equity of 6.29% and a net margin of 1.66%. The firm had revenue of $673.00 million for the quarter, compared to analysts’ expectations of $645.17 million. During the same period in the previous year, the firm posted $0.45 EPS. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. research analysts predict that Beazer Homes USA, Inc. will post 1.33 earnings per share for the current year.

BZH has been the topic of several research reports. TheStreet raised Beazer Homes USA from a “c” rating to a “b-” rating in a research report on Tuesday, November 14th. BidaskClub raised Beazer Homes USA from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Zacks Investment Research cut Beazer Homes USA from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. ValuEngine cut Beazer Homes USA from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Credit Suisse Group reaffirmed a “neutral” rating and set a $21.00 price objective (up from $15.00) on shares of Beazer Homes USA in a research report on Monday, November 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Beazer Homes USA presently has a consensus rating of “Hold” and an average target price of $18.50.

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Beazer Homes USA Company Profile

Beazer Homes USA, Inc is a geographically diversified homebuilder. As of September 30, 2016, the Company had operations in 13 states within over three geographic regions in the United States. The Company’s segments include West, East and Southeast. The Company markets and sells its products through its Website, www.beazer.com; mobile site, m.beazer.com; real estate listing sites, online advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing and out-of-home advertising, including billboards and signage, as well as other activities.

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Institutional Ownership by Quarter for Beazer Homes USA (NYSE:BZH)

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