Grantham Mayo Van Otterloo & Co. LLC Sells 19,718 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Grantham Mayo Van Otterloo & Co. LLC trimmed its stake in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 10.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 178,320 shares of the company's stock after selling 19,718 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned about 0.15% of Builders FirstSource worth $25,487,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BLDR. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Builders FirstSource during the fourth quarter worth $33,000. SBI Securities Co. Ltd. bought a new stake in Builders FirstSource during the fourth quarter valued at $34,000. Avion Wealth grew its stake in Builders FirstSource by 728.6% during the fourth quarter. Avion Wealth now owns 348 shares of the company's stock worth $49,000 after purchasing an additional 306 shares during the period. Mather Group LLC. grew 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 worth $71,000 after buying an additional 237 shares during the period. Finally, Smartleaf Asset Management LLC grew 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 worth $74,000 after purchasing an additional 134 shares during the period. 95.53% of the stock is owned by institutional investors.

Builders FirstSource Stock Performance

BLDR traded down $0.41 during trading on Friday, hitting $119.53. 567,901 shares of the company traded hands, compared to its average volume of 1,674,619. The firm has a market cap of $13.60 billion, a P/E ratio of 13.16, a price-to-earnings-growth 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. Builders FirstSource, Inc. has a one year low of $110.84 and a one year high of $203.14. The stock's fifty day moving average is $135.48 and its 200 day moving average is $159.59.

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Builders FirstSource (NYSE:BLDR - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $3.90 billion. As a group, equities analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Analysts Set New Price Targets

BLDR has been the topic of a number of research reports. Raymond James reaffirmed an "outperform" rating and set a $170.00 price target (down from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. Wedbush reaffirmed an "outperform" rating and set a $230.00 target price on shares of Builders FirstSource in a research report on Wednesday, December 18th. Stifel Nicolaus reduced their price target on shares of Builders FirstSource from $175.00 to $156.00 and set a "buy" rating for the company in a research report on Monday, February 24th. Barclays lowered their price objective on shares of Builders FirstSource from $165.00 to $151.00 and set an "overweight" rating on the stock in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Builders FirstSource in a research report on Tuesday, April 1st. They set a "buy" rating and a $151.00 target price for the company. Five analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Builders FirstSource currently has a consensus rating of "Moderate Buy" and a consensus target price of $187.89.

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.