Winslow Asset Management Inc. Decreases Stock Position in Beazer Homes USA, Inc. (NYSE:BZH)

Winslow Asset Management Inc. lowered its position in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 482,240 shares of the construction company’s stock after selling 9,090 shares during the quarter. Beazer Homes USA accounts for about 2.6% of Winslow Asset Management Inc.’s investment portfolio, making the stock its 10th largest position. Winslow Asset Management Inc. owned approximately 1.55% of Beazer Homes USA worth $13,242,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of BZH. Point72 Asset Management L.P. purchased a new stake in shares of Beazer Homes USA during the third quarter worth about $125,000. Systematic Financial Management LP bought a new position in Beazer Homes USA in the 3rd quarter worth approximately $182,000. Metis Global Partners LLC purchased a new stake in Beazer Homes USA during the 3rd quarter valued at approximately $201,000. Quadrature Capital Ltd bought a new stake in shares of Beazer Homes USA during the third quarter valued at approximately $262,000. Finally, Creative Planning bought a new stake in shares of Beazer Homes USA during the third quarter valued at approximately $286,000. 85.65% of the stock is currently owned by institutional investors.

Beazer Homes USA Price Performance

NYSE:BZH opened at $22.25 on Monday. The company has a market capitalization of $694.11 million, a P/E ratio of 5.66, a P/E/G ratio of 0.35 and a beta of 2.22. The business’s 50-day moving average is $25.69 and its 200 day moving average is $29.91. The company has a current ratio of 15.52, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. Beazer Homes USA, Inc. has a 12 month low of $20.66 and a 12 month high of $38.22.

Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings data on Thursday, January 30th. The construction company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.21). Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%. On average, equities research analysts forecast that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wedbush restated an “outperform” rating and set a $45.00 target price on shares of Beazer Homes USA in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $39.67.

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.