Builders FirstSource, Inc. (NYSE:BLDR) Position Increased by Sei Investments Co.

Sei Investments Co. boosted its position in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 24.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 52,381 shares of the company's stock after acquiring an additional 10,338 shares during the period. Sei Investments Co.'s holdings in Builders FirstSource were worth $7,487,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Builders FirstSource during the 4th quarter worth about $33,000. SBI Securities Co. Ltd. acquired a new position in Builders FirstSource during the fourth quarter worth approximately $34,000. Avion Wealth raised its stake in Builders FirstSource by 728.6% during the fourth quarter. Avion Wealth now owns 348 shares of the company's stock worth $49,000 after purchasing an additional 306 shares during the period. Mather Group LLC. boosted its holdings in shares of Builders FirstSource by 91.2% in the 4th quarter. Mather Group LLC. now owns 497 shares of the company's stock valued at $71,000 after purchasing an additional 237 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings 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 worth $74,000 after buying an additional 134 shares during the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Stock Up 3.2 %

Shares of BLDR traded up $3.87 during midday trading on Friday, hitting $123.69. The company had a trading volume of 2,899,103 shares, compared to its average volume of 1,663,620. The stock has a market cap of $14.05 billion, a price-to-earnings ratio of 13.65, a PEG ratio of 0.80 and a beta of 2.19. The company's 50 day moving average price is $141.46 and its 200 day moving average price is $162.57. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86. Builders FirstSource, Inc. has a 52 week low of $114.70 and a 52 week high of $206.02.

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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 (EPS) for the quarter, beating the consensus estimate of $2.18 by $0.13. The firm had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.90 billion. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. On average, equities research analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on BLDR shares. Royal Bank of Canada reduced their target price on Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating on the stock in a report on Friday, February 21st. Loop Capital decreased their target price on Builders FirstSource from $205.00 to $190.00 and set a "buy" rating for the company in a report on Monday, February 24th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Builders FirstSource in a report on Tuesday. They issued a "buy" rating and a $151.00 price target on the stock. StockNews.com downgraded shares of Builders FirstSource from a "buy" rating to a "hold" rating in a research note on Monday, January 13th. Finally, Stifel Nicolaus cut their target price on shares of 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 analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $188.63.

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.