Aster Capital Management DIFC Ltd Trims Stock Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Aster Capital Management DIFC Ltd decreased its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 75.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 344 shares of the company’s stock after selling 1,065 shares during the quarter. Aster Capital Management DIFC Ltd’s holdings in Builders FirstSource were worth $49,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Builders FirstSource in the fourth quarter worth about $33,000. SBI Securities Co. Ltd. bought a new position in shares of Builders FirstSource in the fourth quarter worth about $34,000. Avion Wealth boosted its stake in shares of Builders FirstSource by 728.6% in the fourth quarter. Avion Wealth now owns 348 shares of the company’s stock worth $49,000 after acquiring an additional 306 shares during the period. Mather Group LLC. boosted its stake in Builders FirstSource by 91.2% during the fourth quarter. Mather Group LLC. now owns 497 shares of the company’s stock valued at $71,000 after buying an additional 237 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in Builders FirstSource by 34.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 518 shares of the company’s stock valued at $74,000 after buying an additional 134 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Analyst Ratings Changes

BLDR has been the subject of a number of research reports. Barclays dropped their price target on Builders FirstSource from $165.00 to $151.00 and set an “overweight” rating for the company in a research note on Tuesday. Raymond James reissued an “outperform” rating and set a $170.00 price target (down from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. Deutsche Bank Aktiengesellschaft initiated coverage on Builders FirstSource in a research note on Tuesday, April 1st. They set a “buy” rating and a $151.00 price target for the company. Benchmark dropped their price target 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. Finally, The Goldman Sachs Group lowered their price objective on Builders FirstSource from $200.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Five investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $187.89.

Builders FirstSource Trading Up 9.6 %

Shares of NYSE BLDR opened at $124.77 on Thursday. The business’s 50 day moving average price is $136.34 and its 200-day moving average price is $160.09. The company has a market cap of $14.18 billion, a price-to-earnings ratio of 13.77, a PEG ratio of 0.80 and a beta of 1.99. Builders FirstSource, Inc. has a fifty-two week low of $110.84 and a fifty-two week high of $203.14. 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 released its quarterly earnings data on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.18 by $0.13. The company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.90 billion. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. On average, sell-side analysts expect 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.