Distillate Capital Partners LLC purchased a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 112,685 shares of the company's stock, valued at approximately $16,106,000. Distillate Capital Partners LLC owned about 0.10% of Builders FirstSource at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of BLDR. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Builders FirstSource in the fourth quarter valued at about $33,000. SBI Securities Co. Ltd. purchased a new stake in shares of Builders FirstSource in the 4th quarter valued at approximately $34,000. Avion Wealth increased its holdings 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 buying an additional 306 shares during the last quarter. Mather Group LLC. raised its position in shares of Builders FirstSource by 91.2% during the 4th quarter. Mather Group LLC. now owns 497 shares of the company's stock valued at $71,000 after buying an additional 237 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in 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 acquiring an additional 134 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company's stock.
Builders FirstSource Stock Down 1.0 %
Builders FirstSource stock traded down $1.15 during midday trading on Tuesday, reaching $118.36. The company's stock had a trading volume of 1,511,715 shares, compared to its average volume of 1,682,618. The company has a market cap of $13.46 billion, a P/E ratio of 13.06, a P/E/G ratio of 0.80 and a beta of 1.99. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86. The business has a 50-day simple moving average of $132.95 and a 200-day simple moving average of $158.08. Builders FirstSource, Inc. has a fifty-two week low of $110.84 and a fifty-two week high of $203.14.
Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.13. The firm had revenue of $3.82 billion during 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 expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on BLDR shares. BMO Capital Markets reduced their target price on Builders FirstSource from $175.00 to $168.00 and set a "market perform" rating on the stock in a research report on Monday, February 24th. Loop Capital reduced their price objective on shares of Builders FirstSource from $190.00 to $170.00 and set a "buy" rating on the stock in a report on Monday. Benchmark lowered their target price on shares of Builders FirstSource from $200.00 to $170.00 and set a "buy" rating for the company in a research note on Friday, February 21st. Royal Bank of Canada reduced their price target on shares of Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating on the stock in a research note on Friday, February 21st. Finally, Truist Financial lowered their price objective on shares of Builders FirstSource from $220.00 to $180.00 and set a "buy" rating for the company in a research report on Friday, February 21st. Five 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 MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $186.84.
Read Our Latest Research Report on Builders FirstSource
Builders FirstSource Company Profile
(
Free Report)
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.
Featured Stories
Before you consider Builders FirstSource, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Builders FirstSource wasn't on the list.
While Builders FirstSource currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
