4,068 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Purchased by Keybank National Association OH

Keybank National Association OH purchased a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 4,068 shares of the company's stock, valued at approximately $581,000.

Other institutional investors have also recently made changes to their positions in the company. Mountaineer Partners Management LLC bought a new position in shares of Builders FirstSource in the 3rd quarter worth $2,099,877,000. FMR LLC grew its position in Builders FirstSource by 45.7% in the third quarter. FMR LLC now owns 10,158,152 shares of the company's stock worth $1,969,259,000 after acquiring an additional 3,186,876 shares in the last quarter. Baillie Gifford & Co. bought a new position in Builders FirstSource in the third quarter valued at $267,132,000. Diamond Hill Capital Management Inc. purchased a new stake in Builders FirstSource during the third quarter valued at about $255,867,000. Finally, Loomis Sayles & Co. L P raised its position in Builders FirstSource by 256,479.8% during the third quarter. Loomis Sayles & Co. L P now owns 661,976 shares of the company's stock valued at $128,331,000 after purchasing an additional 661,718 shares in the last quarter. Institutional investors own 95.53% of the company's stock.

Builders FirstSource Trading Up 0.9 %

Shares of BLDR traded up $1.24 during trading hours on Monday, reaching $135.75. 1,865,026 shares of the company traded hands, compared to its average volume of 1,582,558. Builders FirstSource, Inc. has a 12 month low of $127.45 and a 12 month high of $214.70. The company has a market capitalization of $15.42 billion, a price-to-earnings ratio of 14.98, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19. The company's fifty day moving average price is $151.38 and its two-hundred day moving average price is $169.08. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86.

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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 analysts' consensus estimates of $2.18 by $0.13. The firm had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.90 billion. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. Equities research analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BLDR. Loop Capital reduced their price objective on Builders FirstSource from $205.00 to $190.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. Stifel Nicolaus reduced their price target 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. 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 report on Friday, February 21st. Royal Bank of Canada cut their price objective on shares of Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating for the company in a research note on Friday, February 21st. Finally, Wedbush reiterated an "outperform" rating and issued a $230.00 target price on shares of Builders FirstSource in a research report on Wednesday, December 18th. Five investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.