LSV Asset Management Sells 25,080 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

LSV Asset Management trimmed its holdings in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 4.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 498,905 shares of the company's stock after selling 25,080 shares during the quarter. LSV Asset Management owned 0.43% of Builders FirstSource worth $71,308,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Builders FirstSource in the fourth quarter worth about $33,000. SBI Securities Co. Ltd. purchased a new stake in Builders FirstSource in the fourth quarter worth approximately $34,000. Avion Wealth grew its holdings in shares of Builders FirstSource by 728.6% in the fourth quarter. Avion Wealth now owns 348 shares of the company's stock worth $49,000 after acquiring an additional 306 shares during the period. Mather Group LLC. raised its position in Builders FirstSource by 91.2% in the fourth quarter. Mather Group LLC. now owns 497 shares of the company's stock worth $71,000 after acquiring an additional 237 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake 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 valued at $74,000 after acquiring an additional 134 shares during the period. Hedge funds and other institutional investors own 95.53% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Benchmark decreased 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 reissued an "outperform" rating and set a $170.00 target price (down previously from $180.00) on shares of Builders FirstSource in a research report on Friday, February 21st. Deutsche Bank Aktiengesellschaft began coverage on shares of Builders FirstSource in a report on Tuesday, April 1st. They issued a "buy" rating and a $151.00 price target on the stock. BMO Capital Markets dropped their price objective on shares of Builders FirstSource from $175.00 to $168.00 and set a "market perform" rating on the stock in a report on Monday, February 24th. Finally, The Goldman Sachs Group reduced their price objective 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. 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 stock. According to data from MarketBeat, Builders FirstSource has a consensus rating of "Moderate Buy" and an average target price of $186.84.

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Builders FirstSource Price Performance

Shares of NYSE BLDR traded down $3.01 during midday trading on Wednesday, reaching $115.21. 903,253 shares of the company traded hands, compared to its average volume of 1,679,878. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.77. The firm has a market cap of $13.10 billion, a PE ratio of 12.72, a PEG ratio of 0.80 and a beta of 1.99. Builders FirstSource, Inc. has a 12 month low of $110.84 and a 12 month high of $203.14. The stock's 50-day simple moving average is $132.95 and its 200-day simple moving average is $158.08.

Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its quarterly earnings data 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. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. The firm had revenue of $3.82 billion during the quarter, compared to analysts' expectations of $3.90 billion. As a group, equities analysts anticipate that Builders FirstSource, Inc. will post 11.59 earnings per share 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.