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

AQR Capital Management LLC grew its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 23.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 146,793 shares of the construction company’s stock after acquiring an additional 27,861 shares during the period. AQR Capital Management LLC’s holdings in Beazer Homes USA were worth $4,031,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Sterling Capital Management LLC increased its holdings in Beazer Homes USA by 776.2% during the 4th quarter. Sterling Capital Management LLC now owns 920 shares of the construction company’s stock worth $25,000 after purchasing an additional 815 shares during the period. Quarry LP purchased a new position in shares of Beazer Homes USA during the fourth quarter valued at $69,000. KLP Kapitalforvaltning AS bought a new stake in shares of Beazer Homes USA in the fourth quarter valued at about $148,000. Tower Research Capital LLC TRC lifted its stake in 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 worth $165,000 after acquiring an additional 2,290 shares during the period. Finally, Focus Financial Network Inc. bought a new position in Beazer Homes USA during the 4th quarter worth about $275,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Analysts Set New Price Targets

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

Beazer Homes USA Trading Up 0.2 %

NYSE BZH opened at $21.54 on Friday. Beazer Homes USA, Inc. has a 52 week low of $17.37 and a 52 week high of $38.22. The company has a 50 day moving average price of $20.37 and a 200 day moving average price of $25.78. The company has a quick ratio of 1.25, a current ratio of 15.52 and a debt-to-equity ratio of 0.87. The firm has a market cap of $652.73 million, a PE ratio of 5.48, a price-to-earnings-growth ratio of 0.35 and a beta of 2.20.

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