Whittier Trust Co. of Nevada Inc. Sells 4,463 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Whittier Trust Co. of Nevada Inc. reduced its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 69,431 shares of the company's stock after selling 4,463 shares during the period. Whittier Trust Co. of Nevada Inc. owned about 0.06% of Builders FirstSource worth $9,924,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BLDR. Mountaineer Partners Management LLC bought a new stake in Builders FirstSource in the third quarter valued at $2,099,877,000. FMR LLC grew its holdings in shares of Builders FirstSource by 45.7% in the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company's stock worth $1,969,259,000 after purchasing an additional 3,186,876 shares during the last quarter. Loomis Sayles & Co. L P increased its position in shares of Builders FirstSource by 256,479.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 661,976 shares of the company's stock worth $128,331,000 after purchasing an additional 661,718 shares in the last quarter. Proficio Capital Partners LLC increased its position in shares of Builders FirstSource by 15,533.9% during the 4th quarter. Proficio Capital Partners LLC now owns 649,903 shares of the company's stock worth $92,891,000 after purchasing an additional 645,746 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. lifted its holdings 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 valued at $277,776,000 after purchasing an additional 623,583 shares during the last quarter. Institutional investors own 95.53% of the company's stock.

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Analysts Set New Price Targets

A number of research analysts have recently issued reports on BLDR shares. Truist Financial cut their target price on shares of Builders FirstSource from $220.00 to $180.00 and set a "buy" rating for the company in a research note on Friday, February 21st. Raymond James reissued an "outperform" rating and issued a $170.00 price objective (down previously from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. Benchmark decreased their target price on Builders FirstSource from $200.00 to $170.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Loop Capital cut their price target on Builders FirstSource from $205.00 to $190.00 and set a "buy" rating for the company in a report on Monday, February 24th. Finally, Barclays decreased their price objective on shares of Builders FirstSource from $188.00 to $165.00 and set an "overweight" rating on the stock in a report on Monday, February 24th. Five investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Builders FirstSource has an average rating of "Moderate Buy" and a consensus price target of $190.72.

Builders FirstSource Trading Down 0.8 %

Shares of Builders FirstSource stock traded down $1.01 on Tuesday, hitting $130.72. 991,968 shares of the company's stock traded hands, compared to its average volume of 1,598,583. The firm's 50-day moving average price is $148.14 and its two-hundred day moving average price is $165.68. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.16. The stock has a market capitalization of $14.85 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19. Builders FirstSource, Inc. has a one year low of $122.49 and a one year high of $212.24.

Builders FirstSource (NYSE:BLDR - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $2.31 EPS for the quarter, beating analysts' consensus estimates of $2.18 by $0.13. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. The business had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.90 billion. On average, research analysts expect that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal 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.