Short Interest in Beazer Homes USA, Inc. (NYSE:BZH) Decreases By 13.5%

Beazer Homes USA, Inc. (NYSE:BZH) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,470,000 shares, a decrease of 13.5% from the January 15th total of 1,700,000 shares. Approximately 5.1% of the company’s shares are sold short. Based on an average daily volume of 384,600 shares, the days-to-cover ratio is currently 3.8 days.

Beazer Homes USA Trading Up 2.1 %

NYSE BZH opened at $25.10 on Tuesday. The firm’s 50-day moving average is $27.05 and its two-hundred day moving average is $30.21. Beazer Homes USA has a 12 month low of $20.66 and a 12 month high of $38.22. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25. The stock has a market capitalization of $783.06 million, a P/E ratio of 6.39, a PEG ratio of 0.32 and a beta of 2.22.

Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings results 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, sell-side analysts anticipate that Beazer Homes USA will post 3.48 earnings per share for the current year.

Institutional Trading of Beazer Homes USA

Several hedge funds have recently made changes to their positions in the business. Donald Smith & CO. Inc. raised its holdings in Beazer Homes USA by 1.5% in the third quarter. Donald Smith & CO. Inc. now owns 3,132,427 shares of the construction company’s stock valued at $107,035,000 after acquiring an additional 45,553 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Beazer Homes USA by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 1,828,558 shares of the construction company’s stock valued at $50,212,000 after acquiring an additional 22,033 shares during the period. Boston Partners increased its holdings in shares of Beazer Homes USA by 5.1% in the 4th quarter. Boston Partners now owns 1,123,125 shares of the construction company’s stock valued at $30,946,000 after acquiring an additional 54,959 shares during the period. Dimensional Fund Advisors LP increased its stake in Beazer Homes USA by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,075,199 shares of the construction company’s stock valued at $29,525,000 after buying an additional 5,431 shares during the period. Finally, Mill Road Capital Management LLC increased its stake in Beazer Homes USA by 81.0% in the 4th quarter. Mill Road Capital Management LLC now owns 666,058 shares of the construction company’s stock valued at $18,290,000 after buying an additional 297,989 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analysts Set New Price Targets

Separately, Wedbush reissued an “outperform” rating and issued a $45.00 price objective on shares of Beazer Homes USA in a report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Beazer Homes USA presently has a consensus 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.