UniSuper Management Pty Ltd Buys 2,752 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

UniSuper Management Pty Ltd boosted its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 24.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,028 shares of the company’s stock after purchasing an additional 2,752 shares during the period. UniSuper Management Pty Ltd’s holdings in Builders FirstSource were worth $2,005,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. HighTower Advisors LLC grew its holdings in shares of Builders FirstSource by 0.3% during the third quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock worth $4,296,000 after purchasing an additional 64 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its holdings in Builders FirstSource by 3.4% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,943 shares of the company’s stock worth $278,000 after acquiring an additional 64 shares during the last quarter. Integrated Investment Consultants LLC increased its position in Builders FirstSource by 0.4% in the 4th quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock valued at $2,145,000 after acquiring an additional 65 shares during the period. TFB Advisors LLC raised its stake in shares of Builders FirstSource by 2.1% during the fourth quarter. TFB Advisors LLC now owns 3,819 shares of the company’s stock valued at $546,000 after acquiring an additional 79 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Builders FirstSource by 2.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,835 shares of the company’s stock worth $548,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Stock Down 2.7 %

BLDR stock opened at $124.53 on Monday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.77. Builders FirstSource, Inc. has a fifty-two week low of $122.49 and a fifty-two week high of $210.00. The stock’s 50 day simple moving average is $145.58 and its 200 day simple moving average is $164.53. The company has a market cap of $14.15 billion, a P/E ratio of 13.75, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19.

Builders FirstSource (NYSE:BLDR) last issued 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 company 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, research analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BLDR has been the subject of a number of recent research reports. Barclays decreased their price objective on Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating for the company in a report on Monday, February 24th. The Goldman Sachs Group lowered their price objective on Builders FirstSource from $200.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Loop Capital reduced their target price on Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a report on Monday, February 24th. BMO Capital Markets lowered their price target on shares of Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating for the company in a report on Monday, February 24th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $230.00 price objective on shares of Builders FirstSource in a research note on Wednesday, December 18th. Five 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. Based on data from MarketBeat.com, Builders FirstSource has an average rating of “Moderate Buy” and a consensus 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.