11,765 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Acquired by Sciencast Management LP

Sciencast Management LP 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 11,765 shares of the company's stock, valued at approximately $1,682,000.

Several other institutional investors and hedge funds have also bought and sold shares of BLDR. Mountaineer Partners Management LLC purchased a new position in shares of Builders FirstSource during the third quarter valued at about $2,099,877,000. FMR LLC boosted its position in Builders FirstSource by 45.7% during the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company's stock valued at $1,969,259,000 after acquiring an additional 3,186,876 shares in the last quarter. Diamond Hill Capital Management Inc. raised its position in shares of Builders FirstSource by 47.2% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 1,943,439 shares of the company's stock worth $277,776,000 after acquiring an additional 623,583 shares in the last quarter. Baillie Gifford & Co. lifted its stake in shares of Builders FirstSource by 20.7% in the 4th quarter. Baillie Gifford & Co. now owns 1,663,420 shares of the company's stock valued at $237,753,000 after purchasing an additional 285,458 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Builders FirstSource by 23.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,458,255 shares of the company's stock valued at $282,697,000 after purchasing an additional 277,897 shares in the last quarter. Hedge funds and other institutional investors own 95.53% of the company's stock.

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Analyst Ratings Changes

Several equities analysts have commented on the company. Raymond James reissued an "outperform" rating and set a $170.00 price objective (down previously from $180.00) on shares of Builders FirstSource in a research report on Friday, February 21st. Barclays lowered their price target on shares of Builders FirstSource from $188.00 to $165.00 and set an "overweight" rating for the company in a research report on Monday, February 24th. Truist Financial cut their price objective on shares of Builders FirstSource from $220.00 to $180.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Stifel Nicolaus decreased their target price on shares of Builders FirstSource from $175.00 to $156.00 and set a "buy" rating for the company in a research note on Monday, February 24th. Finally, StockNews.com cut Builders FirstSource from a "buy" rating to a "hold" rating in a research report on Monday, January 13th. Five 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 stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $190.72.

Builders FirstSource Stock Performance

Shares of BLDR stock traded down $1.01 during trading hours on Tuesday, reaching $130.72. The company had a trading volume of 991,968 shares, compared to its average volume of 1,598,546. 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 business has a fifty day moving average price of $147.67 and a 200-day moving average price of $165.41. Builders FirstSource, Inc. has a one year low of $122.49 and a one year high of $211.85. The firm has a market cap of $14.85 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted 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. The business had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.90 billion. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. Sell-side analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

About Builders FirstSource

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.