Avitas Wealth Management LLC Sells 68 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Avitas Wealth Management LLC decreased its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,573 shares of the company’s stock after selling 68 shares during the period. Avitas Wealth Management LLC’s holdings in Builders FirstSource were worth $368,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Cyndeo Wealth Partners LLC raised its holdings in Builders FirstSource by 3.7% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 1,571 shares of the company’s stock valued at $305,000 after acquiring an additional 56 shares during the period. World Equity Group Inc. raised its stake in shares of Builders FirstSource by 4.1% during the 3rd quarter. World Equity Group Inc. now owns 1,632 shares of the company’s stock valued at $316,000 after purchasing an additional 64 shares during the period. HighTower Advisors LLC lifted its holdings in Builders FirstSource by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock worth $4,296,000 after purchasing an additional 64 shares in the last quarter. Integrated Investment Consultants LLC boosted its stake in Builders FirstSource by 0.4% in the 4th quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock worth $2,145,000 after purchasing an additional 65 shares during the period. Finally, Private Trust Co. NA grew its holdings in Builders FirstSource by 14.6% during the 3rd quarter. Private Trust Co. NA now owns 642 shares of the company’s stock valued at $124,000 after buying an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Down 0.7 %

BLDR opened at $162.32 on Thursday. The company has a market cap of $18.68 billion, a P/E ratio of 15.85, a P/E/G ratio of 0.92 and a beta of 2.12. Builders FirstSource, Inc. has a 12 month low of $130.75 and a 12 month high of $214.70. The business’s 50-day moving average price is $160.51 and its 200-day moving average price is $171.43. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.83.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings results on Tuesday, November 5th. The company reported $3.07 EPS for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). The company had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Builders FirstSource had a return on equity of 33.55% and a net margin of 7.40%. Builders FirstSource’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same period last year, the firm earned $4.24 earnings per share. On average, equities analysts expect that Builders FirstSource, Inc. will post 11.52 EPS for the current year.

Analyst Ratings Changes

BLDR has been the topic of a number of recent analyst reports. Raymond James began coverage on shares of Builders FirstSource in a report on Friday, January 17th. They issued an “outperform” rating and a $180.00 price target on the stock. DA Davidson boosted their price target on shares of Builders FirstSource from $169.00 to $175.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Robert W. Baird increased their price objective on Builders FirstSource from $190.00 to $222.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. The Goldman Sachs Group started coverage on shares of Builders FirstSource in a research report on Thursday, October 10th. They issued a “buy” rating and a $225.00 price objective on the stock. Finally, UBS Group began coverage on shares of Builders FirstSource in a research report on Friday, October 25th. They set a “buy” rating and a $232.00 target price for the company. Four analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Builders FirstSource has an average rating of “Moderate Buy” and an average target price of $205.71.

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.