Virtu Financial LLC Makes New $2 Million Investment in Builders FirstSource, Inc. (NYSE:BLDR)

Virtu Financial LLC acquired a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,015 shares of the company’s stock, valued at approximately $2,003,000.

Other hedge funds have also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in Builders FirstSource during the third quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Builders FirstSource in the fourth quarter valued at approximately $33,000. SBI Securities Co. Ltd. acquired a new stake in shares of Builders FirstSource in the fourth quarter valued at approximately $34,000. 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 raised its position 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 buying an additional 306 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Stock Performance

NYSE BLDR opened at $126.42 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.77. Builders FirstSource, Inc. has a fifty-two week low of $122.49 and a fifty-two week high of $212.24. The stock has a market cap of $14.36 billion, a PE ratio of 13.95, a PEG ratio of 0.80 and a beta of 2.19. The firm’s fifty day moving average price is $148.43 and its two-hundred day moving average price is $165.95.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings data on Thursday, February 20th. The company reported $2.31 earnings per share 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 company had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.90 billion. On average, equities analysts expect that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Royal Bank of Canada dropped their price target on shares of Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating for the company in a research report on Friday, February 21st. StockNews.com downgraded shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Loop Capital dropped their price target on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating for the company in a research report on Monday, February 24th. Barclays decreased their price objective on shares of Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating on the stock in a research note on Monday, February 24th. Finally, Benchmark decreased 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. Five analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Builders FirstSource currently has an average rating of “Moderate Buy” and a consensus price target of $190.72.

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.