Builders FirstSource, Inc. (NYSE:BLDR) Shares Purchased by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC raised its position in Builders FirstSource, Inc. (NYSE:BLDR) by 34.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 518 shares of the company’s stock after buying an additional 134 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Builders FirstSource were worth $74,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in shares of Builders FirstSource in the 3rd quarter valued at approximately $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Builders FirstSource in the fourth quarter worth $33,000. Brown Brothers Harriman & Co. acquired a new stake in Builders FirstSource in the third quarter valued at $46,000. Avion Wealth boosted its position in shares of Builders FirstSource by 728.6% during the 4th quarter. Avion Wealth now owns 348 shares of the company’s stock worth $49,000 after purchasing an additional 306 shares in the last quarter. Finally, Peterson Financial Group Inc. acquired a new position in shares of Builders FirstSource during the 3rd quarter worth $71,000. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Performance

NYSE:BLDR opened at $134.70 on Monday. The firm has a market cap of $15.30 billion, a PE ratio of 14.87, a P/E/G ratio of 0.80 and a beta of 2.19. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.16. Builders FirstSource, Inc. has a 1-year low of $127.45 and a 1-year high of $214.70. The firm has a 50 day simple moving average of $151.38 and a 200-day simple moving average of $169.08.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings data on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.13. The business had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.90 billion. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. On average, equities analysts expect that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on BLDR. Stifel Nicolaus reduced their price objective on shares of Builders FirstSource from $175.00 to $156.00 and set a “buy” rating for the company in a research note on Monday, February 24th. Loop Capital reduced their price target 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. Barclays lowered their price target on Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating on the stock in a report on Monday, February 24th. Truist Financial reduced their price objective on Builders FirstSource from $220.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 21st. Finally, Benchmark lowered their target price on Builders FirstSource from $200.00 to $170.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Five investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Builders FirstSource has an average rating of “Moderate Buy” and an average target price of $190.72.

Builders FirstSource Company 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.