Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its holdings in Builders FirstSource, Inc. (NYSE:BLDR) by 3.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,471 shares of the company’s stock after selling 880 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Builders FirstSource were worth $3,498,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in Builders FirstSource in the 3rd quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Builders FirstSource during the 4th quarter worth about $33,000. Brown Brothers Harriman & Co. acquired a new stake in Builders FirstSource during the 3rd quarter worth about $46,000. SBI Securities Co. Ltd. acquired a new stake in Builders FirstSource during the 4th quarter worth about $34,000. Finally, Avion Wealth raised 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 buying an additional 306 shares during the period. 95.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on BLDR shares. Benchmark cut their price objective on Builders FirstSource from $200.00 to $170.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Truist Financial cut their price objective on Builders FirstSource from $220.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, February 21st. StockNews.com downgraded Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. The Goldman Sachs Group cut their price objective on Builders FirstSource from $200.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Finally, Raymond James reiterated an “outperform” rating and issued a $170.00 target price (down previously from $180.00) on shares of Builders FirstSource in a report on Friday, February 21st. Five 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. According to MarketBeat.com, Builders FirstSource currently has an average rating of “Moderate Buy” and a consensus target price of $190.72.

Builders FirstSource Stock Down 1.8 %

Shares of Builders FirstSource stock opened at $126.42 on Monday. The stock has a market capitalization of $14.36 billion, a P/E ratio of 13.95, a PEG ratio of 0.80 and a beta of 2.19. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86. The stock has a 50 day moving average price of $148.43 and a two-hundred day moving average price of $165.93. Builders FirstSource, Inc. has a 12-month low of $122.49 and a 12-month high of $212.24.

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. The firm had revenue of $3.82 billion during 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%. Equities analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Builders FirstSource 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.