Quantbot Technologies LP Invests $1.20 Million in Beazer Homes USA, Inc. $BZH

Quantbot Technologies LP bought a new position in shares of Beazer Homes USA, Inc. (NYSE:BZH) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 49,028 shares of the construction company’s stock, valued at approximately $1,204,000. Quantbot Technologies LP owned about 0.16% of Beazer Homes USA as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Boston Partners lifted its stake in shares of Beazer Homes USA by 0.9% in the 2nd quarter. Boston Partners now owns 1,122,703 shares of the construction company’s stock valued at $25,256,000 after purchasing an additional 9,807 shares during the period. Winslow Asset Management Inc. boosted its holdings in shares of Beazer Homes USA by 2.3% during the 2nd quarter. Winslow Asset Management Inc. now owns 488,430 shares of the construction company’s stock worth $10,926,000 after buying an additional 10,899 shares in the last quarter. LSV Asset Management boosted its holdings in shares of Beazer Homes USA by 11.9% during the 2nd quarter. LSV Asset Management now owns 360,651 shares of the construction company’s stock worth $8,068,000 after buying an additional 38,495 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Beazer Homes USA by 1,385.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 229,705 shares of the construction company’s stock worth $5,639,000 after buying an additional 214,239 shares during the period. Finally, AQR Capital Management LLC increased its stake in shares of Beazer Homes USA by 35.5% in the 1st quarter. AQR Capital Management LLC now owns 198,855 shares of the construction company’s stock valued at $4,055,000 after acquiring an additional 52,062 shares in the last quarter. Institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Stock Performance

Shares of BZH stock opened at $22.77 on Friday. The company has a current ratio of 19.62, a quick ratio of 1.81 and a debt-to-equity ratio of 0.94. The firm has a fifty day simple moving average of $23.94 and a two-hundred day simple moving average of $23.56. Beazer Homes USA, Inc. has a 12 month low of $17.37 and a 12 month high of $28.33. The firm has a market capitalization of $671.94 million, a PE ratio of 75.90, a price-to-earnings-growth ratio of 1.95 and a beta of 2.17.

Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings data on Thursday, January 29th. The construction company reported ($0.90) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.49) by ($0.41). The business had revenue of $363.49 million for the quarter, compared to analyst estimates of $423.23 million. Beazer Homes USA had a net margin of 0.44% and a return on equity of 2.11%. The firm’s quarterly revenue was down 22.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.10 earnings per share. Analysts forecast that Beazer Homes USA, Inc. will post 3.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BZH has been the topic of several research analyst reports. Weiss Ratings lowered shares of Beazer Homes USA from a “hold (c)” rating to a “sell (d)” rating in a research note on Friday, January 30th. Wall Street Zen cut shares of Beazer Homes USA from a “hold” rating to a “strong sell” rating in a research report on Saturday, January 31st. Finally, Zacks Research upgraded Beazer Homes USA from a “strong sell” rating to a “hold” rating in a research note on Friday, January 16th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Beazer Homes USA presently has a consensus rating of “Hold” and an average target price of $31.33.

Beazer Homes USA Profile

Beazer Homes USA, Inc is a national homebuilder specializing in the design, construction and sale of single-family homes. The company serves a diverse range of buyers, offering product lines that span from entry-level homes to move-up and active adult communities. In addition to its core homebuilding operations, Beazer provides mortgage financing, title and closing services through its subsidiaries, aiming to simplify the home-buying process and manage risk across the transaction.

Operating in key growth markets across the United States, Beazer Homes maintains a presence in more than a dozen metropolitan areas, including select markets in the Southeast, Southwest and West.