Banco Santander S.A. Has $879,000 Stock Position in Builders FirstSource, Inc. (NYSE:BLDR)

Banco Santander S.A. raised its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 69.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,150 shares of the company's stock after purchasing an additional 2,510 shares during the quarter. Banco Santander S.A.'s holdings in Builders FirstSource were worth $879,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new stake in shares of Builders FirstSource during the third quarter worth $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Builders FirstSource during the fourth quarter worth $33,000. SBI Securities Co. Ltd. acquired a new stake in shares of Builders FirstSource during the fourth quarter worth $34,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Builders FirstSource during the third quarter worth $46,000. Finally, Avion Wealth lifted its holdings in shares of Builders FirstSource by 728.6% during the fourth quarter. Avion Wealth now owns 348 shares of the company's stock worth $49,000 after buying an additional 306 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on BLDR shares. BMO Capital Markets dropped their target price on Builders FirstSource from $175.00 to $168.00 and set a "market perform" rating for the company in a report on Monday, February 24th. The Goldman Sachs Group dropped 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. Barclays dropped their price target on Builders FirstSource from $188.00 to $165.00 and set an "overweight" rating for the company in a research note on Monday, February 24th. Wedbush reaffirmed an "outperform" rating and issued a $230.00 price target on shares of Builders FirstSource in a research note on Wednesday, December 18th. Finally, Raymond James reaffirmed an "outperform" rating and issued a $170.00 price target (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, fifteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $190.72.

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Builders FirstSource Trading Up 0.9 %

Shares of NYSE:BLDR traded up $1.24 during midday trading on Monday, hitting $135.75. 1,865,026 shares of the stock were exchanged, compared to its average volume of 1,582,558. The stock has a market capitalization of $15.42 billion, a price-to-earnings ratio of 14.98, a P/E/G ratio of 0.80 and a beta of 2.19. 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 business's 50-day moving average price is $151.38 and its 200 day moving average price is $169.08. Builders FirstSource, Inc. has a 12 month low of $127.45 and a 12 month high of $214.70.

Builders FirstSource (NYSE:BLDR - Get Free Report) last released its quarterly earnings results 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. The company had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.90 billion. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. Analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Builders FirstSource 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.