Versor Investments LP Raises Stock Position in Builders FirstSource, Inc. (NYSE:BLDR)

Versor Investments LP increased its position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 457.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,710 shares of the company's stock after purchasing an additional 9,610 shares during the quarter. Versor Investments LP's holdings in Builders FirstSource were worth $1,674,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Mountaineer Partners Management LLC bought a new stake in Builders FirstSource during the third quarter worth $2,099,877,000. FMR LLC boosted its holdings in shares of Builders FirstSource by 45.7% in the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company's stock worth $1,969,259,000 after buying an additional 3,186,876 shares during the last quarter. Baillie Gifford & Co. grew its position in Builders FirstSource by 20.7% during the fourth quarter. Baillie Gifford & Co. now owns 1,663,420 shares of the company's stock valued at $237,753,000 after buying an additional 285,458 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in 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 worth $282,697,000 after buying an additional 277,897 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. bought a new stake in Builders FirstSource in the third quarter worth about $255,867,000. 95.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. BMO Capital Markets decreased their price target on shares of Builders FirstSource from $175.00 to $168.00 and set a "market perform" rating for the company in a research note on Monday, February 24th. Loop Capital lowered their target price on Builders FirstSource from $205.00 to $190.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. 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. Benchmark decreased their price objective on Builders FirstSource from $200.00 to $170.00 and set a "buy" rating for the company in a report on Friday, February 21st. Finally, Stephens upped their price objective on shares of Builders FirstSource from $178.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Builders FirstSource presently has an average rating of "Moderate Buy" and a consensus price target of $190.72.

Builders FirstSource Price Performance

Builders FirstSource stock traded down $4.15 during mid-day trading on Monday, reaching $134.84. 1,283,150 shares of the company's stock traded hands, compared to its average volume of 1,696,176. Builders FirstSource, Inc. has a 12-month low of $130.75 and a 12-month high of $214.70. The company has a market cap of $15.32 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 0.80 and a beta of 2.12. The stock has a 50 day moving average of $152.82 and a two-hundred day moving average of $170.17. 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 (NYSE:BLDR - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.18 by $0.13. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. The company had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.90 billion. Equities analysts forecast that Builders FirstSource, Inc. will post 11.59 earnings per share for the current 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.