Mutual of America Capital Management LLC Raises Position in Builders FirstSource, Inc. (NYSE:BLDR)

Mutual of America Capital Management LLC lifted its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 4.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 46,779 shares of the company’s stock after buying an additional 2,003 shares during the period. Mutual of America Capital Management LLC’s holdings in Builders FirstSource were worth $6,686,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. World Equity Group Inc. lifted its stake in Builders FirstSource by 4.1% in the third quarter. World Equity Group Inc. now owns 1,632 shares of the company’s stock worth $316,000 after purchasing an additional 64 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Builders FirstSource by 0.3% in the third quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock worth $4,296,000 after buying an additional 64 shares during the period. Integrated Investment Consultants LLC boosted its holdings in Builders FirstSource by 0.4% during the 4th quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock valued at $2,145,000 after acquiring an additional 65 shares during the period. TFB Advisors LLC increased its stake in Builders FirstSource by 2.1% in the fourth quarter. TFB Advisors LLC now owns 3,819 shares of the company’s stock worth $546,000 after purchasing an additional 79 shares during the period. Finally, Private Trust Co. NA lifted its position in shares of Builders FirstSource by 14.6% during the third quarter. Private Trust Co. NA now owns 642 shares of the company’s stock worth $124,000 after purchasing an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Price Performance

Shares of BLDR opened at $134.84 on Tuesday. The company has a 50 day moving average of $152.82 and a two-hundred day moving average of $170.17. 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 twelve month low of $130.75 and a twelve month high of $214.70. The company has a market cap of $15.32 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 0.80 and a beta of 2.12.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings data on Thursday, February 20th. The company reported $2.31 earnings per share for the quarter, topping 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 firm had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.90 billion. As a group, analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on BLDR. Stifel Nicolaus reduced their price target on shares of Builders FirstSource from $175.00 to $156.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. Truist Financial decreased their price target on shares of Builders FirstSource from $220.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Benchmark lowered their price target on Builders FirstSource from $200.00 to $170.00 and set a “buy” rating for the company in a report on Friday, February 21st. Stephens raised their price objective on Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Finally, Barclays lowered their target price on Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating for the company in a report on Monday, February 24th. Five analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently 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.