Dimensional Fund Advisors LP Boosts Stock Position in Builders FirstSource, Inc. (NYSE:BLDR)

Dimensional Fund Advisors LP boosted its position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 3.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,237,996 shares of the company's stock after buying an additional 77,666 shares during the period. Dimensional Fund Advisors LP owned approximately 1.94% of Builders FirstSource worth $319,898,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Builders FirstSource during the 4th quarter worth approximately $33,000. SBI Securities Co. Ltd. acquired a new stake in shares of Builders FirstSource in the 4th quarter valued at $34,000. Avion Wealth increased its stake in shares of Builders FirstSource by 728.6% in the 4th quarter. Avion Wealth now owns 348 shares of the company's stock valued at $49,000 after purchasing an additional 306 shares during the last quarter. Mather Group LLC. increased its stake in shares of Builders FirstSource by 91.2% in the 4th quarter. Mather Group LLC. now owns 497 shares of the company's stock valued at $71,000 after purchasing an additional 237 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in shares of Builders FirstSource by 34.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 518 shares of the company's stock worth $74,000 after buying an additional 134 shares during the last quarter. 95.53% of the stock is owned by institutional investors.

Builders FirstSource Stock Performance

Shares of NYSE:BLDR traded up $0.49 during midday trading on Friday, reaching $121.40. The company had a trading volume of 819,387 shares, compared to its average volume of 1,683,977. Builders FirstSource, Inc. has a 52-week low of $110.84 and a 52-week high of $203.14. The company's 50 day moving average price is $127.18 and its 200 day moving average price is $154.08. 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 stock has a market cap of $13.81 billion, a P/E ratio of 13.40, a P/E/G ratio of 0.80 and a beta of 1.99.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping 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 company had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.90 billion. As a group, sell-side analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BLDR has been the topic of a number of recent analyst reports. Barclays lowered their target price on Builders FirstSource from $165.00 to $151.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Stifel Nicolaus cut their target price on shares of Builders FirstSource from $175.00 to $156.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. The Goldman Sachs Group dropped their price target on Builders FirstSource from $200.00 to $180.00 and set a "buy" rating for the company in a research note on Friday, February 21st. BMO Capital Markets lowered 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. Finally, Loop Capital cut their price target on Builders FirstSource from $190.00 to $170.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Five research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $186.84.

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.