Andra AP fonden Buys 11,700 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Andra AP fonden raised its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 7.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,500 shares of the company's stock after acquiring an additional 11,700 shares during the quarter. Andra AP fonden owned approximately 0.15% of Builders FirstSource worth $24,655,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Brooklyn Investment Group purchased a new position in Builders FirstSource during the third quarter valued at approximately $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Builders FirstSource during the 4th quarter valued at $33,000. SBI Securities Co. Ltd. acquired a new stake in shares of Builders FirstSource during the 4th quarter valued at $34,000. Brown Brothers Harriman & Co. acquired a new position in Builders FirstSource in the 3rd quarter worth about $46,000. Finally, Avion Wealth raised 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 worth $49,000 after purchasing 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 research firms recently commented on BLDR. Royal Bank of Canada dropped their price objective on Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating on the stock in a report on Friday, February 21st. Barclays decreased their price objective on shares of Builders FirstSource from $188.00 to $165.00 and set an "overweight" rating for the company in a report on Monday, February 24th. StockNews.com cut Builders FirstSource from a "buy" rating to a "hold" rating in a research report on Monday, January 13th. Benchmark decreased their price target on Builders FirstSource from $200.00 to $170.00 and set a "buy" rating for the company in a research note on Friday, February 21st. Finally, BMO Capital Markets reduced 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. Five research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $190.72.

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Builders FirstSource Stock Performance

BLDR traded down $5.23 on Tuesday, hitting $130.35. 1,649,373 shares of the stock traded hands, compared to its average volume of 1,582,754. The business has a fifty day moving average price of $151.23 and a two-hundred day moving average price of $168.86. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $14.81 billion, a PE ratio of 14.39, a P/E/G ratio of 0.80 and a beta of 2.19. Builders FirstSource, Inc. has a 52 week low of $127.45 and a 52 week high of $214.70.

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 (EPS) for the quarter, beating analysts' consensus estimates of $2.18 by $0.13. The business 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%. On average, research analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

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.