Blue Trust Inc. Sells 1,532 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Blue Trust Inc. lessened its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 58.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,102 shares of the company’s stock after selling 1,532 shares during the quarter. Blue Trust Inc.’s holdings in Builders FirstSource were worth $157,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Brooklyn Investment Group bought a new stake in Builders FirstSource during the 3rd quarter valued at approximately $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Builders FirstSource during the 4th quarter valued at approximately $33,000. Reston Wealth Management LLC bought a new stake in Builders FirstSource during the 3rd quarter valued at approximately $39,000. Brown Brothers Harriman & Co. bought a new stake in Builders FirstSource during the 3rd quarter valued at approximately $46,000. Finally, Avion Wealth boosted its stake in Builders FirstSource by 728.6% during the 4th quarter. Avion Wealth now owns 348 shares of the company’s stock valued at $49,000 after purchasing an additional 306 shares during the period. Institutional investors own 95.53% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on BLDR. Raymond James began coverage on Builders FirstSource in a report on Friday, January 17th. They issued an “outperform” rating and a $180.00 price target for the company. DA Davidson upped their price target on Builders FirstSource from $169.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Stephens upped their price target on Builders FirstSource from $178.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Wedbush reaffirmed an “outperform” rating and issued a $230.00 price target on shares of Builders FirstSource in a report on Wednesday, December 18th. Finally, Royal Bank of Canada upped their price target on Builders FirstSource from $178.00 to $187.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $205.71.

Builders FirstSource Trading Down 0.1 %

BLDR opened at $144.59 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.77 and a quick ratio of 1.16. Builders FirstSource, Inc. has a fifty-two week low of $130.75 and a fifty-two week high of $214.70. The firm has a market capitalization of $16.64 billion, a PE ratio of 14.12, a P/E/G ratio of 0.82 and a beta of 2.12. The company’s 50-day moving average is $154.79 and its 200 day moving average is $170.61.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings data on Thursday, February 20th. The company reported $2.31 EPS for the quarter, beating the consensus estimate of $2.18 by $0.13. Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. As a group, research analysts predict that Builders FirstSource, Inc. will post 11.5 earnings per share 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.