1 week Ago By Defense World Staff
Arrowstreet Capital Limited Partnership decreased its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR – Free Report) by 78.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC.
The firm owned 62,511 shares of the company’s stock after selling 225,056 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.05% of Builders FirstSource worth $8,935,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Diamond Hill Capital Management Inc. lifted its position in Builders FirstSource by 47.
2% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 1,943,439 shares of the company’s stock worth $277,776,000 after acquiring an additional 623,583 shares during the period.
Baillie Gifford & Co. raised its stake in shares of Builders FirstSource by 20.7% during the fourth quarter.
Baillie Gifford & Co. now owns 1,663,420 shares of the company’s stock worth $237,753,000 after purchasing an additional 285,458 shares during the last quarter. Norges Bank acquired a new stake in shares of Builders FirstSource during the fourth quarter worth $199,890,000.
Robeco Institutional Asset Management B.V. grew its position in Builders FirstSource by 7.
9% in the 4th quarter. Robeco Institutional Asset Management B.V.
now owns 976,125 shares of the company’s stock valued at $139,518,000 after buying an additional 71,525 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Builders FirstSource by 6.
1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 833,498 shares of the company’s stock valued at $119,132,000 after buying an additional 47,656 shares during the period.
Hedge funds and other institutional investors own 95.53% of the company’s stock. Builders FirstSource Trading Up 3.
2 %Shares of Builders FirstSource stock opened at $123.69 on Monday. The business has a 50 day moving average price of $141.
46 and a 200 day moving average price of $162.35. The company has a market capitalization of $14.
05 billion, a P/E ratio of 13.65, a P/E/G ratio of 0.80 and a beta of 1.
99. 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 1 year low of $114.70 and a 1 year high of $206.02.
Builders FirstSource (NYSE:BLDR – Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.
18 by $0.13. The business had revenue of $3.
82 billion for the quarter, compared to the consensus estimate of $3.90 billion. Builders FirstSource had a return on equity of 30.
54% and a net margin of 6.57%. Sell-side analysts anticipate that Builders FirstSource, Inc.
will post 11.59 EPS for the current fiscal year. Wall Street Analysts Forecast GrowthSeveral brokerages have recently weighed in on BLDR.
Deutsche Bank Aktiengesellschaft initiated coverage on shares of Builders FirstSource in a report on Tuesday, April 1st. They issued a “buy” rating and a $151.00 target price on the stock.
Loop Capital dropped their target price on Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a research report on Monday, February 24th.
Benchmark reduced their price target on Builders FirstSource from $200.00 to $170.00 and set a “buy” rating for the company in a report on Friday, February 21st.
The Goldman Sachs Group dropped their price objective on Builders FirstSource from $200.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, February 21st.
Finally, Wedbush reissued an “outperform” rating and issued a $230.00 target price on shares of Builders FirstSource in a report on Wednesday, December 18th. Five equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock.
Based on data from MarketBeat, Builders FirstSource has an average rating of “Moderate Buy” and a consensus price target of $188.63.Get Our Latest Stock Report on BLDRBuilders FirstSource Company Profile (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 ReadingFive stocks we like better than Builders FirstSourceWhat is the Hang Seng index? Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real TimeDisney 2025 Shareholders: Major Updates for InvestorsEV Stocks and How to Profit from Them Advance Auto Parts Stock: A Classic Rebound Play in the Making.
