Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC trimmed its position in Builders FirstSource, Inc. (NYSE:BLDR) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,386 shares of the company’s stock after selling 92 shares during the quarter. Metis Global Partners LLC’s holdings in Builders FirstSource were worth $770,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in BLDR. Fisher Asset Management LLC lifted its holdings in Builders FirstSource by 14.9% in the fourth quarter. Fisher Asset Management LLC now owns 196,491 shares of the company’s stock valued at $28,084,000 after acquiring an additional 25,535 shares during the last quarter. SVB Wealth LLC purchased a new stake in Builders FirstSource in the fourth quarter valued at $394,000. Mutual of America Capital Management LLC lifted its stake in shares of Builders FirstSource by 4.5% in the 4th quarter. Mutual of America Capital Management LLC now owns 46,779 shares of the company’s stock valued at $6,686,000 after purchasing an additional 2,003 shares during the last quarter. Versor Investments LP lifted its stake in shares of Builders FirstSource by 457.6% in the 4th quarter. Versor Investments LP now owns 11,710 shares of the company’s stock valued at $1,674,000 after purchasing an additional 9,610 shares during the last quarter. Finally, Proficio Capital Partners LLC grew its holdings in shares of Builders FirstSource by 15,533.9% during the 4th quarter. Proficio Capital Partners LLC now owns 649,903 shares of the company’s stock worth $92,891,000 after purchasing an additional 645,746 shares during the period. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on BLDR. Loop Capital decreased their target price on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a research report on Monday, February 24th. Stephens upped their price objective on shares of Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. The Goldman Sachs Group dropped their target price on shares of Builders FirstSource from $200.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 21st. Raymond James restated an “outperform” rating and set a $170.00 price target (down from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. Finally, Barclays lowered their price target on Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating for the company in a research report on Monday, February 24th. Five 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $190.72.

Builders FirstSource Stock Down 3.3 %

Shares of NYSE:BLDR opened at $130.44 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86. Builders FirstSource, Inc. has a fifty-two week low of $127.45 and a fifty-two week high of $214.70. The stock has a market cap of $14.82 billion, a price-to-earnings ratio of 14.40, a price-to-earnings-growth ratio of 0.80 and a beta of 2.12. The firm’s 50 day moving average price is $152.54 and its 200 day moving average price is $169.95.

Builders FirstSource (NYSE:BLDR) last released 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 during the quarter, compared to analysts’ expectations of $3.90 billion. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. As a group, equities research analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

About Builders FirstSource

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.