Diamond Hill Capital Management Inc. Has $277.78 Million Stock Position in Builders FirstSource, Inc. (NYSE:BLDR)

Diamond Hill Capital Management Inc. boosted its holdings in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 47.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,943,439 shares of the company's stock after acquiring an additional 623,583 shares during the quarter. Diamond Hill Capital Management Inc. owned about 1.69% of Builders FirstSource worth $277,776,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Commonwealth Equity Services LLC increased its holdings in shares of Builders FirstSource by 4.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 15,364 shares of the company's stock valued at $2,196,000 after purchasing an additional 690 shares during the period. Kailix Advisors LLC acquired a new position in shares of Builders FirstSource in the 4th quarter valued at about $8,213,000. PGGM Investments increased its holdings in shares of Builders FirstSource by 0.9% in the 4th quarter. PGGM Investments now owns 55,732 shares of the company's stock valued at $7,966,000 after purchasing an additional 520 shares during the period. Vestcor Inc increased its holdings in shares of Builders FirstSource by 11.6% in the 4th quarter. Vestcor Inc now owns 8,904 shares of the company's stock valued at $1,273,000 after purchasing an additional 928 shares during the period. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Builders FirstSource by 243.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 5,428 shares of the company's stock valued at $776,000 after purchasing an additional 3,848 shares during the period. 95.53% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

A number of research firms recently commented on BLDR. Benchmark dropped their price objective on Builders FirstSource from $200.00 to $170.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Raymond James restated an "outperform" rating and issued a $170.00 price objective (down previously from $180.00) on shares of Builders FirstSource in a report on Friday, February 21st. Loop Capital dropped their price objective on Builders FirstSource from $205.00 to $190.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Wedbush restated an "outperform" rating and issued a $230.00 price objective on shares of Builders FirstSource in a report on Wednesday, December 18th. Finally, StockNews.com downgraded Builders FirstSource from a "buy" rating to a "hold" rating in a report on Monday, January 13th. Five 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's stock. Based on data from MarketBeat.com, Builders FirstSource currently has a consensus rating of "Moderate Buy" and an average target price of $190.72.

Builders FirstSource Stock Down 0.3 %

Shares of NYSE:BLDR traded down $0.36 during trading on Tuesday, hitting $127.79. 1,306,947 shares of the company's stock traded hands, compared to its average volume of 1,581,386. Builders FirstSource, Inc. has a 52 week low of $122.49 and a 52 week high of $214.70. 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 company has a market cap of $14.52 billion, a price-to-earnings ratio of 14.11, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19. The company has a 50-day moving average price of $149.62 and a 200-day moving average price of $167.16.

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 for the quarter, beating the consensus estimate 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%. As a group, research analysts forecast that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Builders FirstSource Company 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.