Machina Capital S.A.S. Makes New Investment in Builders FirstSource, Inc. (NYSE:BLDR)

Machina Capital S.A.S. purchased a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,210 shares of the company's stock, valued at approximately $459,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brooklyn Investment Group purchased a new position in shares of Builders FirstSource during the 3rd quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Builders FirstSource in the 4th quarter valued at approximately $33,000. SBI Securities Co. Ltd. bought a new stake in shares of Builders FirstSource during the fourth quarter valued at approximately $34,000. Brown Brothers Harriman & Co. bought a new stake in shares of Builders FirstSource during the 3rd quarter valued at $46,000. Finally, Avion Wealth grew its position in shares of Builders FirstSource by 728.6% in 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 period. Hedge funds and other institutional investors own 95.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Royal Bank of Canada lowered their price target on shares of Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating for the company in a research report on Friday, February 21st. Truist Financial lowered their target price 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. Benchmark cut their price target on Builders FirstSource from $200.00 to $170.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. Raymond James reiterated an "outperform" rating and set a $170.00 price objective (down previously from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. Finally, Stifel Nicolaus cut their target price on Builders FirstSource from $175.00 to $156.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. Five equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $190.72.

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Builders FirstSource Stock Performance

BLDR stock traded down $3.68 on Tuesday, hitting $131.90. The company had a trading volume of 436,106 shares, compared to its average volume of 1,578,055. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.86. Builders FirstSource, Inc. has a 12-month low of $127.45 and a 12-month high of $214.70. The stock has a market cap of $14.99 billion, a price-to-earnings ratio of 14.50, a P/E/G ratio of 0.80 and a beta of 2.19. The stock's 50-day simple moving average is $151.23 and its 200 day simple moving average is $168.86.

Builders FirstSource (NYSE:BLDR - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) 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%. As a group, equities research analysts expect 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.