V Square Quantitative Management LLC lowered its holdings in Builders FirstSource, Inc. (NYSE:BLDR – Free Report) by 8.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,179 shares of the company’s stock after selling 112 shares during the period. V Square Quantitative Management LLC’s holdings in Builders FirstSource were worth $169,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Brooklyn Investment Group bought a new stake in Builders FirstSource during the 3rd quarter worth approximately $28,000. Reston Wealth Management LLC bought a new stake in Builders FirstSource during the 3rd quarter worth approximately $39,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Builders FirstSource during the 4th quarter worth approximately $33,000. Brown Brothers Harriman & Co. bought a new stake in Builders FirstSource during the 3rd quarter worth approximately $46,000. Finally, Avion Wealth increased its holdings in Builders FirstSource by 728.6% during the 4th quarter. Avion Wealth now owns 348 shares of the company’s stock worth $49,000 after acquiring an additional 306 shares during the period. Institutional investors own 95.53% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on BLDR. Royal Bank of Canada upped their target price on shares of Builders FirstSource from $178.00 to $187.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. DA Davidson increased their price target on shares of Builders FirstSource from $169.00 to $175.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. StockNews.com lowered shares of Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Oppenheimer reissued an “outperform” rating and issued a $225.00 price target on shares of Builders FirstSource in a report on Tuesday, October 29th. Finally, Barclays decreased their price target on shares of Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Four equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Builders FirstSource presently has an average rating of “Moderate Buy” and a consensus price target of $205.71.
Builders FirstSource Price Performance
Shares of Builders FirstSource stock opened at $153.90 on Tuesday. Builders FirstSource, Inc. has a 52-week low of $130.75 and a 52-week high of $214.70. The stock has a market capitalization of $17.71 billion, a price-to-earnings ratio of 15.03, a price-to-earnings-growth ratio of 0.89 and a beta of 2.12. The company has a fifty day moving average of $156.33 and a 200-day moving average of $171.01. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.16 and a current ratio of 1.77.
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.
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