XTX Topco Ltd Purchases 9,011 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

XTX Topco Ltd grew its holdings in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 574.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,579 shares of the company's stock after acquiring an additional 9,011 shares during the quarter. XTX Topco Ltd's holdings in Builders FirstSource were worth $2,051,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Innealta Capital LLC acquired a new position in Builders FirstSource in the 2nd quarter valued at $27,000. Brooklyn Investment Group bought a new stake in Builders FirstSource during the third quarter worth about $28,000. Armstrong Advisory Group Inc. bought a new stake in Builders FirstSource during the third quarter worth about $30,000. First Horizon Advisors Inc. grew its stake in Builders FirstSource by 42.1% during the second quarter. First Horizon Advisors Inc. now owns 253 shares of the company's stock worth $35,000 after buying an additional 75 shares in the last quarter. Finally, New Millennium Group LLC bought a new position in Builders FirstSource in the 2nd quarter valued at about $38,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on BLDR. Stephens increased their price target on shares of Builders FirstSource from $178.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Wedbush reaffirmed an "outperform" rating and issued a $230.00 target price on shares of Builders FirstSource in a report on Wednesday, November 6th. The Goldman Sachs Group assumed coverage on Builders FirstSource in a report on Thursday, October 10th. They set a "buy" rating and a $225.00 price target for the company. StockNews.com raised Builders FirstSource from a "hold" rating to a "buy" rating in a research note on Wednesday. Finally, Jefferies Financial Group boosted their target price on Builders FirstSource from $185.00 to $223.00 and gave the stock a "buy" rating in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Builders FirstSource currently has a consensus rating of "Moderate Buy" and an average price target of $210.00.

Builders FirstSource Trading Down 0.0 %

BLDR stock traded down $0.07 during trading on Friday, hitting $175.82. The company had a trading volume of 981,648 shares, compared to its average volume of 1,085,057. The stock has a market cap of $20.23 billion, a PE ratio of 17.17, a PEG ratio of 0.99 and a beta of 2.06. The business has a 50-day moving average of $183.99 and a 200-day moving average of $168.92. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.83. Builders FirstSource, Inc. has a one year low of $130.75 and a one year high of $214.70.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $3.07 EPS for the quarter, missing analysts' consensus estimates of $3.09 by ($0.02). Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. The firm had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same period in the prior year, the company posted $4.24 earnings per share. The company's revenue for the quarter was down 6.7% compared to the same quarter last year. Research analysts predict that Builders FirstSource, Inc. will post 11.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Cleveland A. Christophe sold 10,000 shares of the business's stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $178.41, for a total transaction of $1,784,100.00. Following the transaction, the director now owns 33,083 shares in the company, valued at $5,902,338.03. The trade was a 23.21 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.80% of the company's stock.

About Builders FirstSource

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.