4,916 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Purchased by Aigen Investment Management LP

Aigen Investment Management LP purchased a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,916 shares of the company’s stock, valued at approximately $703,000.

Several other large investors have also recently added to or reduced their stakes in BLDR. Mountaineer Partners Management LLC purchased a new position in Builders FirstSource during the third quarter worth about $2,099,877,000. FMR LLC raised its holdings in Builders FirstSource by 45.7% during the third quarter. FMR LLC now owns 10,158,152 shares of the company’s stock worth $1,969,259,000 after purchasing an additional 3,186,876 shares in the last quarter. Baillie Gifford & Co. purchased a new position in Builders FirstSource during the third quarter worth about $267,132,000. Diamond Hill Capital Management Inc. purchased a new position in Builders FirstSource during the third quarter worth about $255,867,000. Finally, Loomis Sayles & Co. L P raised its holdings in Builders FirstSource by 256,479.8% during the third quarter. Loomis Sayles & Co. L P now owns 661,976 shares of the company’s stock worth $128,331,000 after purchasing an additional 661,718 shares in the last quarter. 95.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on BLDR shares. Truist Financial cut their price target on shares of Builders FirstSource from $220.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 21st. Royal Bank of Canada dropped their target price on shares of Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, February 21st. Barclays dropped their target price on shares of Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating for the company in a report on Monday, February 24th. Loop Capital dropped their target price on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating for the company in a report on Monday, February 24th. Finally, StockNews.com cut shares of Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. 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 stock. Based on data from MarketBeat, Builders FirstSource has an average rating of “Moderate Buy” and an average target price of $190.72.

Builders FirstSource Stock Up 0.3 %

Shares of NYSE BLDR opened at $134.14 on Friday. Builders FirstSource, Inc. has a 1 year low of $127.45 and a 1 year high of $214.70. The firm’s 50 day moving average price is $151.87 and its 200 day moving average price is $169.49. The firm has a market cap of $15.24 billion, a P/E ratio of 14.81, a price-to-earnings-growth ratio of 0.80 and a beta of 2.12. 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 (NYSE:BLDR) last announced its earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.18 by $0.13. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. The firm had revenue of $3.82 billion for the quarter, compared to analyst estimates of $3.90 billion. As a group, sell-side analysts anticipate that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Builders FirstSource Company 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.