Voya Investment Management LLC grew its stake in Beazer Homes USA, Inc. (NYSE:BZH) by 13.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,040 shares of the construction company’s stock after purchasing an additional 1,963 shares during the period. Voya Investment Management LLC owned approximately 0.05% of Beazer Homes USA worth $234,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. grew its stake in shares of Beazer Homes USA by 0.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 115,143 shares of the construction company’s stock valued at $1,580,000 after purchasing an additional 627 shares during the period. Brandes Investment Partners LP grew its stake in shares of Beazer Homes USA by 4.0% in the 2nd quarter. Brandes Investment Partners LP now owns 1,364,837 shares of the construction company’s stock valued at $18,726,000 after purchasing an additional 51,962 shares during the period. Swiss National Bank grew its stake in shares of Beazer Homes USA by 12.9% in the 2nd quarter. Swiss National Bank now owns 56,100 shares of the construction company’s stock valued at $770,000 after purchasing an additional 6,400 shares during the period. Royce & Associates LP grew its stake in shares of Beazer Homes USA by 5.8% in the 2nd quarter. Royce & Associates LP now owns 1,484,779 shares of the construction company’s stock valued at $20,371,000 after purchasing an additional 81,700 shares during the period. Finally, TIAA CREF Investment Management LLC grew its stake in shares of Beazer Homes USA by 5.9% in the 1st quarter. TIAA CREF Investment Management LLC now owns 391,187 shares of the construction company’s stock valued at $4,745,000 after purchasing an additional 21,786 shares during the period. Institutional investors own 81.99% of the company’s stock.

Beazer Homes USA, Inc. (NYSE:BZH) opened at $20.50 on Friday. The company has a market capitalization of $687.02, a P/E ratio of 16.27 and a beta of 2.73. The company has a quick ratio of 1.85, a current ratio of 18.20 and a debt-to-equity ratio of 1.95. Beazer Homes USA, Inc. has a 1-year low of $11.18 and a 1-year high of $23.24.

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

Several research analysts have recently commented on the company. Wedbush downgraded Beazer Homes USA from an “outperform” rating to a “neutral” rating and set a $15.00 target price on the stock. in a report on Tuesday, August 8th. TheStreet raised Beazer Homes USA from a “c” rating to a “b-” rating in a report on Tuesday, November 14th. Zacks Investment Research raised Beazer Homes USA from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Thursday, August 3rd. BidaskClub raised Beazer Homes USA from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Finally, J P Morgan Chase & Co raised Beazer Homes USA from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $14.50 to $21.00 in a report on Thursday, September 14th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. Beazer Homes USA presently has an average rating of “Hold” and an average price target of $16.50.

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Beazer Homes USA 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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