2,270 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Purchased by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC bought a new stake in Builders FirstSource, Inc. (NYSE:BLDR) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 2,270 shares of the company’s stock, valued at approximately $324,000.

Other institutional investors also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Builders FirstSource in the fourth quarter valued at $33,000. SBI Securities Co. Ltd. purchased a new stake in Builders FirstSource during the 4th quarter worth about $34,000. Avion Wealth raised its position in Builders FirstSource by 728.6% in the 4th quarter. Avion Wealth now owns 348 shares of the company’s stock valued at $49,000 after purchasing an additional 306 shares in the last quarter. Mather Group LLC. boosted its stake in shares of Builders FirstSource by 91.2% in the 4th 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 period. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Builders FirstSource by 34.9% in the 4th 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 period. 95.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Stifel Nicolaus reduced their target price on shares of Builders FirstSource from $175.00 to $156.00 and set a “buy” rating on the stock in a report on Monday, February 24th. 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. Loop Capital decreased their price objective on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating for the company in a research report on Monday, February 24th. BMO Capital Markets dropped their target price on Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating on the stock in a report on Monday, February 24th. Finally, Raymond James restated an “outperform” rating and issued a $170.00 price target (down from $180.00) on shares of Builders FirstSource 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 given a strong buy rating to the company’s stock. According to MarketBeat, Builders FirstSource currently has an average rating of “Moderate Buy” and an average target price of $188.63.

Builders FirstSource Stock Up 3.2 %

Builders FirstSource stock opened at $123.69 on Friday. 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. 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 fifty-two week low of $114.70 and a fifty-two week high of $206.02. The stock’s fifty day moving average is $141.46 and its two-hundred day moving average is $162.57.

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 company had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.90 billion. Analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

About Builders FirstSource

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.