103,409 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Acquired by Trexquant Investment LP

Trexquant Investment LP bought a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 103,409 shares of the company's stock, valued at approximately $14,780,000. Trexquant Investment LP owned 0.09% of Builders FirstSource as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Mountaineer Partners Management LLC purchased a new position in Builders FirstSource during the third quarter valued at $2,099,877,000. Norges Bank acquired a new position in shares of Builders FirstSource in the fourth quarter worth $199,890,000. Proficio Capital Partners LLC raised its position in Builders FirstSource by 15,533.9% in the 4th quarter. Proficio Capital Partners LLC now owns 649,903 shares of the company's stock valued at $92,891,000 after purchasing an additional 645,746 shares in the last quarter. Diamond Hill Capital Management Inc. lifted its holdings in Builders FirstSource by 47.2% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 1,943,439 shares of the company's stock worth $277,776,000 after buying an additional 623,583 shares during the last quarter. Finally, World Investment Advisors LLC purchased a new position in shares of Builders FirstSource in the 3rd quarter valued at $62,450,000. 95.53% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Benchmark dropped their price objective on Builders FirstSource from $200.00 to $170.00 and set a "buy" rating for the company in a research note on Friday, February 21st. Royal Bank of Canada cut their price target on Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating for the company in a research note on Friday, February 21st. Loop Capital lowered their price objective on shares of Builders FirstSource from $205.00 to $190.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. Truist Financial reduced their target price on Builders FirstSource from $220.00 to $180.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. Finally, Wedbush reissued an "outperform" rating and issued a $230.00 price objective on shares of Builders FirstSource in a research report on Wednesday, December 18th. Five research 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 company. According to MarketBeat.com, Builders FirstSource has an average rating of "Moderate Buy" and a consensus target price of $188.63.

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Builders FirstSource Trading Up 3.2 %

BLDR traded up $3.87 during mid-day trading on Friday, hitting $123.69. The stock had a trading volume of 2,899,103 shares, compared to its average volume of 1,663,620. The firm has a market capitalization of $14.05 billion, a price-to-earnings ratio of 13.65, a price-to-earnings-growth ratio of 0.80 and a beta of 1.99. Builders FirstSource, Inc. has a 1-year low of $114.70 and a 1-year high of $206.02. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.16. The stock's fifty day simple moving average is $141.46 and its 200-day simple moving average is $162.57.

Builders FirstSource (NYSE:BLDR - Get Free Report) last issued its quarterly earnings results 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 net margin of 6.57% and a return on equity of 30.54%. The company had revenue of $3.82 billion during the quarter, compared to analysts' expectations of $3.90 billion. As a group, research analysts forecast that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

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.