Hudson Value Partners LLC Purchases 1,033 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Hudson Value Partners LLC raised its position in Builders FirstSource, Inc. (NYSE:BLDR) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 60,325 shares of the company’s stock after buying an additional 1,033 shares during the period. Builders FirstSource comprises about 3.2% of Hudson Value Partners LLC’s portfolio, making the stock its 5th largest holding. Hudson Value Partners LLC owned approximately 0.05% of Builders FirstSource worth $8,622,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BLDR. Mountain Lake Investment Management LLC lifted its stake in Builders FirstSource by 7.0% in the 4th quarter. Mountain Lake Investment Management LLC now owns 36,367 shares of the company’s stock worth $5,201,000 after purchasing an additional 2,367 shares in the last quarter. Fiera Capital Corp purchased a new position in Builders FirstSource in the 4th quarter worth approximately $27,089,000. Lecap Asset Management Ltd. lifted its stake in Builders FirstSource by 82.6% in the 4th quarter. Lecap Asset Management Ltd. now owns 22,043 shares of the company’s stock worth $3,151,000 after purchasing an additional 9,970 shares in the last quarter. Miracle Mile Advisors LLC purchased a new position in Builders FirstSource in the 4th quarter worth approximately $405,000. Finally, JPMorgan Chase & Co. lifted its stake in Builders FirstSource by 8.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 793,182 shares of the company’s stock worth $153,766,000 after purchasing an additional 58,436 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. DA Davidson raised their target price on shares of Builders FirstSource from $169.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Loop Capital decreased their target price on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. Barclays reduced their price target on shares of Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating on the stock in a research report on Monday, February 24th. Royal Bank of Canada reduced their price target on shares of Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, February 21st. Finally, Truist Financial reduced their price target on shares of Builders FirstSource from $220.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Builders FirstSource has an average rating of “Moderate Buy” and a consensus target price of $190.72.

Builders FirstSource Stock Performance

NYSE:BLDR opened at $134.84 on Tuesday. The company has a fifty day simple moving average of $152.82 and a two-hundred day simple moving average of $170.17. The company has a market cap of $15.32 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 0.80 and a beta of 2.12. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86. Builders FirstSource, Inc. has a 52 week low of $130.75 and a 52 week high of $214.70.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings results on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.18 by $0.13. The business had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.90 billion. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. As a group, equities analysts anticipate that Builders FirstSource, Inc. will post 11.59 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.