Banco Santander S.A. Boosts Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Banco Santander S.A. boosted its position in Builders FirstSource, Inc. (NYSE:BLDR) by 69.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,150 shares of the company’s stock after buying an additional 2,510 shares during the period. Banco Santander S.A.’s holdings in Builders FirstSource were worth $879,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mountaineer Partners Management LLC acquired a new stake in shares of Builders FirstSource in the third quarter valued at about $2,099,877,000. FMR LLC raised its holdings in shares of Builders FirstSource by 45.7% in the third quarter. FMR LLC now owns 10,158,152 shares of the company’s stock worth $1,969,259,000 after acquiring an additional 3,186,876 shares during the last quarter. Baillie Gifford & Co. raised its holdings in Builders FirstSource by 20.7% in the 4th quarter. Baillie Gifford & Co. now owns 1,663,420 shares of the company’s stock valued at $237,753,000 after acquiring an additional 285,458 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Builders FirstSource by 23.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,458,255 shares of the company’s stock worth $282,697,000 after purchasing an additional 277,897 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. acquired a new stake in Builders FirstSource during the 3rd quarter worth approximately $255,867,000. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

Builders FirstSource Trading Up 0.3 %

Builders FirstSource stock opened at $134.70 on Monday. The stock has a market cap of $15.30 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19. Builders FirstSource, Inc. has a 12 month low of $127.45 and a 12 month high of $214.70. The business has a 50 day moving average price of $151.38 and a two-hundred day moving average price of $169.08. 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 (NYSE:BLDR) last issued its quarterly earnings data on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.18 by $0.13. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. The company had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.90 billion. As a group, equities analysts forecast that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Analyst Ratings Changes

BLDR has been the subject of several recent research reports. Truist Financial dropped their price objective on shares of Builders FirstSource from $220.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Benchmark lowered their target price on Builders FirstSource from $200.00 to $170.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Stifel Nicolaus decreased their price objective on shares of Builders FirstSource from $175.00 to $156.00 and set a “buy” rating for the company in a report on Monday, February 24th. Royal Bank of Canada cut their target price 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. Finally, BMO Capital Markets decreased their target price on Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating for the company in a research report on Monday, February 24th. Five analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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.