Royal London Asset Management Ltd. Purchases 5,204 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Royal London Asset Management Ltd. lifted its position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 10.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 54,926 shares of the company's stock after buying an additional 5,204 shares during the quarter. Royal London Asset Management Ltd.'s holdings in Builders FirstSource were worth $7,851,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BLDR. HighTower Advisors LLC grew its holdings in Builders FirstSource by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 22,100 shares of the company's stock valued at $4,296,000 after buying an additional 64 shares in the last quarter. Integrated Investment Consultants LLC boosted its position in shares of Builders FirstSource by 0.4% during the fourth quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company's stock worth $2,145,000 after acquiring an additional 65 shares during the last quarter. TFB Advisors LLC grew its stake in Builders FirstSource by 2.1% during the fourth quarter. TFB Advisors LLC now owns 3,819 shares of the company's stock valued at $546,000 after acquiring an additional 79 shares in the last quarter. Private Trust Co. NA increased its holdings in Builders FirstSource by 14.6% in the 3rd quarter. Private Trust Co. NA now owns 642 shares of the company's stock valued at $124,000 after acquiring an additional 82 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its stake in Builders FirstSource by 2.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,835 shares of the company's stock worth $548,000 after purchasing an additional 92 shares in the last quarter. Institutional investors own 95.53% of the company's stock.

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Builders FirstSource Trading Down 0.6 %

Shares of NYSE BLDR traded down $0.78 during mid-day trading on Tuesday, reaching $130.95. The company had a trading volume of 511,424 shares, compared to its average volume of 1,598,583. The stock has a market cap of $14.88 billion, a price-to-earnings ratio of 14.46, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19. Builders FirstSource, Inc. has a 52 week low of $122.49 and a 52 week high of $212.24. The business's 50-day moving average is $148.14 and its 200-day moving average is $165.68. 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 (NYSE:BLDR - Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping analysts' consensus estimates of $2.18 by $0.13. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. The business had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.90 billion. Equities analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on BLDR shares. The Goldman Sachs Group cut their price objective on Builders FirstSource from $200.00 to $180.00 and set a "buy" rating for the company in a research report on Friday, February 21st. Wedbush restated an "outperform" rating and set a $230.00 price target on shares of Builders FirstSource in a report on Wednesday, December 18th. BMO Capital Markets decreased their price objective on Builders FirstSource from $175.00 to $168.00 and set a "market perform" rating on the stock in a report on Monday, February 24th. Loop Capital cut their target price on shares of Builders FirstSource from $205.00 to $190.00 and set a "buy" rating for the company in a report on Monday, February 24th. Finally, Barclays decreased their price target on shares of Builders FirstSource from $188.00 to $165.00 and set an "overweight" 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 assigned a buy rating and one has given 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 price target 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.