Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Crown Advisors Management Inc.

Crown Advisors Management Inc. decreased its holdings in Builders FirstSource, Inc. (NYSE:BLDR) by 25.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 30,000 shares of the company’s stock after selling 10,000 shares during the period. Builders FirstSource makes up about 2.8% of Crown Advisors Management Inc.’s investment portfolio, making the stock its 14th largest position. Crown Advisors Management Inc.’s holdings in Builders FirstSource were worth $4,287,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Mountaineer Partners Management LLC purchased a new position in Builders FirstSource in the third quarter valued at approximately $2,099,877,000. FMR LLC raised its holdings in Builders FirstSource by 45.7% in the third quarter. FMR LLC now owns 10,158,152 shares of the company’s stock valued at $1,969,259,000 after buying an additional 3,186,876 shares during the period. Diamond Hill Capital Management Inc. raised its stake in shares of Builders FirstSource by 47.2% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 1,943,439 shares of the company’s stock valued at $277,776,000 after purchasing an additional 623,583 shares during the period. Baillie Gifford & Co. raised its stake in shares of Builders FirstSource by 20.7% during the fourth quarter. Baillie Gifford & Co. now owns 1,663,420 shares of the company’s stock valued at $237,753,000 after purchasing an additional 285,458 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Builders FirstSource by 23.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,458,255 shares of the company’s stock valued at $282,697,000 after purchasing an additional 277,897 shares during the period. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on BLDR. BMO Capital Markets dropped their price objective on shares of Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating on the stock in a research note on Monday, February 24th. Royal Bank of Canada dropped their price objective on shares of Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, February 21st. Benchmark dropped their price objective on shares of Builders FirstSource from $200.00 to $170.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Truist Financial dropped their price objective on shares of Builders FirstSource from $220.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Finally, Raymond James reiterated an “outperform” rating and set a $170.00 price objective (down previously from $180.00) on shares of Builders FirstSource in a research note 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 given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $190.72.

Builders FirstSource Stock Performance

Builders FirstSource stock opened at $127.79 on Wednesday. The company has a market cap of $14.52 billion, a PE ratio of 14.11, a P/E/G ratio of 0.80 and a beta of 2.19. The company has a fifty day moving average price of $149.31 and a two-hundred day moving average price of $166.83. 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 12 month low of $122.49 and a 12 month high of $214.70.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings data on Thursday, February 20th. The company reported $2.31 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 the consensus estimate of $3.90 billion. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. Research analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

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.