Versor Investments LP Has $1.67 Million Position in Builders FirstSource, Inc. (NYSE:BLDR)

Versor Investments LP grew its holdings in Builders FirstSource, Inc. (NYSE:BLDR) by 457.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,710 shares of the company’s stock after buying an additional 9,610 shares during the quarter. Versor Investments LP’s holdings in Builders FirstSource were worth $1,674,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in BLDR. Brooklyn Investment Group bought a new stake in Builders FirstSource during the 3rd quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Builders FirstSource during the fourth quarter worth approximately $33,000. Reston Wealth Management LLC bought a new stake in shares of Builders FirstSource during the third quarter valued at approximately $39,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Builders FirstSource in the third quarter valued at approximately $46,000. Finally, Avion Wealth increased its holdings in shares of Builders FirstSource by 728.6% in the fourth quarter. Avion Wealth now owns 348 shares of the company’s stock valued at $49,000 after purchasing an additional 306 shares in the last quarter. 95.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on BLDR. BMO Capital Markets reduced their price objective on Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating on the stock in a report on Monday. Benchmark decreased their price target on Builders FirstSource from $200.00 to $170.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Barclays dropped 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. DA Davidson upped their target price 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. Finally, StockNews.com cut shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Five research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Builders FirstSource has a consensus rating of “Moderate Buy” and an average target price of $190.72.

Builders FirstSource Trading Up 1.0 %

NYSE BLDR opened at $142.20 on Thursday. Builders FirstSource, Inc. has a one year low of $130.75 and a one year high of $214.70. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.16. The firm has a market cap of $16.16 billion, a P/E ratio of 15.70, a P/E/G ratio of 0.80 and a beta of 2.12. The stock’s 50-day moving average is $153.19 and its 200-day moving average is $170.35.

Builders FirstSource (NYSE:BLDR) last announced its earnings results on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.18 by $0.13. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. The firm had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.90 billion. Sell-side analysts anticipate that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Builders FirstSource 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.