Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Anomaly Capital Management LP

Anomaly Capital Management LP decreased its holdings in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 24.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 498,793 shares of the company's stock after selling 165,106 shares during the period. Builders FirstSource comprises about 2.1% of Anomaly Capital Management LP's investment portfolio, making the stock its 20th biggest holding. Anomaly Capital Management LP owned 0.43% of Builders FirstSource worth $71,292,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. purchased a new position in Builders FirstSource during the fourth quarter valued at approximately $33,000. SBI Securities Co. Ltd. purchased a new stake in shares of Builders FirstSource in the fourth quarter valued at $34,000. Avion Wealth boosted its holdings in 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 acquiring an additional 306 shares during the period. Mather Group LLC. grew its stake in Builders FirstSource by 91.2% in the 4th quarter. Mather Group LLC. now owns 497 shares of the company's stock worth $71,000 after acquiring an additional 237 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Builders FirstSource by 34.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 518 shares of the company's stock valued at $74,000 after acquiring an additional 134 shares in the last quarter. Institutional investors own 95.53% of the company's stock.

Analysts Set New Price Targets

BLDR has been the topic of a number of recent research reports. 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 research report on Friday, February 21st. Royal Bank of Canada lowered their price target on Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating for the company in a report on Friday, February 21st. Loop Capital cut their price target on shares of Builders FirstSource from $190.00 to $170.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Deutsche Bank Aktiengesellschaft began coverage on Builders FirstSource in a report on Tuesday, April 1st. They issued a "buy" rating and a $151.00 price objective on the stock. Finally, StockNews.com lowered Builders FirstSource from a "buy" rating to a "hold" rating in a research report on Monday, January 13th. Five research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $186.84.

Builders FirstSource Trading Up 0.4 %

Shares of BLDR stock traded up $0.49 on Friday, hitting $121.40. 819,387 shares of the stock traded hands, compared to its average volume of 1,683,976. The stock has a market capitalization of $13.81 billion, a PE ratio of 13.40, a PEG ratio of 0.80 and a beta of 1.99. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.77. The firm's 50-day moving average price is $127.18 and its two-hundred day moving average price is $154.08. Builders FirstSource, Inc. has a twelve month low of $110.84 and a twelve month high of $203.14.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $2.31 EPS for the quarter, beating analysts' consensus estimates of $2.18 by $0.13. The company had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.90 billion. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. As a group, analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Builders FirstSource Company Profile

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.