1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership decreased its holdings in Builders FirstSource, Inc. ( NYSE:BLDR – Free Report ) by 78.3% in the 4th quarter, Holdings Channel reports.
The institutional investor owned 62,511 shares of the company’s stock after selling 225,056 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Builders FirstSource were worth $8,935,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently modified their holdings of BLDR.
E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Builders FirstSource in the fourth quarter worth approximately $33,000.
SBI Securities Co. Ltd. acquired a new position in shares of Builders FirstSource in the 4th quarter valued at $34,000.
Avion Wealth grew its stake in shares of Builders FirstSource by 728.6% during the 4th quarter. Avion Wealth now owns 348 shares of the company’s stock valued at $49,000 after buying an additional 306 shares during the period.
Mather Group LLC. increased its holdings in shares of Builders FirstSource by 91.2% during the 4th quarter.
Mather Group LLC. now owns 497 shares of the company’s stock worth $71,000 after buying an additional 237 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of Builders FirstSource by 34.
9% in the 4th quarter. Smartleaf Asset Management LLC now owns 518 shares of the company’s stock worth $74,000 after buying an additional 134 shares during the period. Institutional investors and hedge funds own 95.
53% of the company’s stock. Analyst Upgrades and Downgrades BLDR has been the subject of a number of research reports. Truist Financial lowered their price target on Builders FirstSource from $220.
00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 21st. The Goldman Sachs Group decreased their target price on Builders FirstSource from $200.
00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 21st. Loop Capital cut their price target on shares of Builders FirstSource from $205.
00 to $190.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Builders FirstSource in a research note on Tuesday, April 1st.
They set a “buy” rating and a $151.00 price objective for the company. Finally, Raymond James reissued an “outperform” rating and issued a $170.
00 target price (down previously from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. Five investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock.
Based on data from MarketBeat.com, Builders FirstSource has a consensus rating of “Moderate Buy” and a consensus target price of $188.63.
Builders FirstSource Stock Performance Shares of BLDR opened at $123.69 on Monday. The stock has a market capitalization of $14.
05 billion, a PE ratio of 13.65, a price-to-earnings-growth ratio of 0.80 and a beta of 1.
99. The business’s fifty day moving average price is $141.46 and its 200 day moving average price is $162.
35. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.
77 and a quick ratio of 1.16. Builders FirstSource, Inc.
has a 12-month low of $114.70 and a 12-month high of $206.02.
Builders FirstSource ( NYSE:BLDR – Get Free Report ) last released its quarterly earnings data on Thursday, February 20th. The company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.
18 by $0.13. Builders FirstSource had a net margin of 6.
57% and a return on equity of 30.54%. The firm had revenue of $3.
82 billion for the quarter, compared to analyst estimates of $3.90 billion. Equities research analysts forecast that Builders FirstSource, Inc.
will post 11.59 EPS for the current year. About Builders FirstSource ( Free Report ) Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States.
It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name. Further Reading Want to see what other hedge funds are holding BLDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Builders FirstSource, Inc.
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