Builders FirstSource, Inc. (NYSE:BLDR) Shares Purchased by Candriam S.C.A.

Candriam S.C.A. boosted its position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 70.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,613 shares of the company's stock after acquiring an additional 13,908 shares during the quarter. Candriam S.C.A.'s holdings in Builders FirstSource were worth $4,804,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BLDR. Smartleaf Asset Management LLC boosted its stake 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 purchasing an additional 134 shares during the period. Mountain Lake Investment Management LLC boosted its position in Builders FirstSource by 7.0% in the 4th quarter. Mountain Lake Investment Management LLC now owns 36,367 shares of the company's stock valued at $5,201,000 after buying an additional 2,367 shares during the period. Fisher Asset Management LLC grew its stake in shares of Builders FirstSource by 14.9% in the fourth quarter. Fisher Asset Management LLC now owns 196,491 shares of the company's stock worth $28,084,000 after acquiring an additional 25,535 shares in the last quarter. Fiera Capital Corp purchased a new stake in shares of Builders FirstSource during the fourth quarter worth $27,089,000. Finally, Lecap Asset Management Ltd. raised its stake in shares of Builders FirstSource by 82.6% in the fourth quarter. Lecap Asset Management Ltd. now owns 22,043 shares of the company's stock valued at $3,151,000 after acquiring an additional 9,970 shares in the last quarter. 95.53% of the stock is owned by institutional investors and hedge funds.

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Builders FirstSource Stock Performance

Shares of Builders FirstSource stock traded down $0.22 during trading hours on Wednesday, hitting $129.78. 1,669,933 shares of the company were exchanged, compared to its average volume of 1,582,139. 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 business has a 50-day moving average of $150.98 and a 200-day moving average of $168.49. Builders FirstSource, Inc. has a 1 year low of $127.45 and a 1 year high of $214.70. The stock has a market capitalization of $14.75 billion, a price-to-earnings ratio of 14.32, a P/E/G ratio of 0.80 and a beta of 2.19.

Builders FirstSource (NYSE:BLDR - Get Free Report) last announced 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 net margin of 6.57% and a return on equity of 30.54%. The firm had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.90 billion. As a group, analysts expect that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Loop Capital lowered their target price on Builders FirstSource from $205.00 to $190.00 and set a "buy" rating for the company in a research note on Monday, February 24th. Benchmark reduced their target price on shares of Builders FirstSource from $200.00 to $170.00 and set a "buy" rating on the stock in a report on Friday, February 21st. BMO Capital Markets lowered their price target on shares of Builders FirstSource from $175.00 to $168.00 and set a "market perform" rating for the company in a report on Monday, February 24th. Wedbush reaffirmed an "outperform" rating and set a $230.00 price objective on shares of Builders FirstSource in a research report on Wednesday, December 18th. Finally, Truist Financial lowered their target price on shares of Builders FirstSource from $220.00 to $180.00 and set a "buy" rating for the company in a report on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Builders FirstSource has a consensus rating of "Moderate Buy" and an average target price of $190.72.

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.