Virtu Financial LLC Purchases New Position in Builders FirstSource, Inc. (NYSE:BLDR)

Virtu Financial LLC acquired a new stake in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 14,015 shares of the company's stock, valued at approximately $2,003,000.

Other institutional investors also recently modified their holdings of the company. OneDigital Investment Advisors LLC acquired a new position in Builders FirstSource during the third quarter worth approximately $273,000. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Builders FirstSource during the 3rd quarter worth approximately $1,383,000. PNC Financial Services Group Inc. increased its holdings in shares of Builders FirstSource by 69.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,437 shares of the company's stock worth $1,829,000 after acquiring an additional 3,870 shares during the last quarter. First Horizon Advisors Inc. raised its stake in Builders FirstSource by 84.6% in the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company's stock valued at $91,000 after acquiring an additional 214 shares during the period. Finally, Citizens Financial Group Inc. RI acquired a new stake in Builders FirstSource during the 3rd quarter valued at $219,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Price Performance

Shares of NYSE BLDR traded down $0.82 during trading hours on Tuesday, hitting $130.92. 578,582 shares of the stock were exchanged, compared to its average volume of 1,598,583. The company's fifty day simple moving average is $148.14 and its two-hundred day simple moving average is $165.68. The company has a market cap of $14.87 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.77. Builders FirstSource, Inc. has a 1-year low of $122.49 and a 1-year high of $212.24.

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Builders FirstSource (NYSE:BLDR - Get Free Report) last released its 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 return on equity of 30.54% and a net margin of 6.57%. The firm had revenue of $3.82 billion during the quarter, compared to analysts' expectations of $3.90 billion. On average, sell-side analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Analyst Upgrades and Downgrades

BLDR has been the topic of several research analyst reports. The Goldman Sachs Group dropped their price objective on shares of Builders FirstSource from $200.00 to $180.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. BMO Capital Markets lowered their price target on shares of Builders FirstSource from $175.00 to $168.00 and set a "market perform" rating on the stock in a report on Monday, February 24th. Raymond James restated an "outperform" rating and set a $170.00 price objective (down previously from $180.00) on shares of Builders FirstSource in a report on Friday, February 21st. Benchmark lowered their target price on Builders FirstSource from $200.00 to $170.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. Finally, Truist Financial reduced their price target on Builders FirstSource from $220.00 to $180.00 and set a "buy" rating for the company in a research note on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price 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.