Penserra Capital Management LLC Has $330,000 Stock Holdings in Builders FirstSource, Inc. $BLDR

Penserra Capital Management LLC raised its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 27.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,839 shares of the company’s stock after buying an additional 607 shares during the period. Penserra Capital Management LLC’s holdings in Builders FirstSource were worth $330,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Stephens Inc. AR boosted its holdings in shares of Builders FirstSource by 3.1% during the 2nd quarter. Stephens Inc. AR now owns 3,032 shares of the company’s stock valued at $354,000 after acquiring an additional 90 shares in the last quarter. Auxano Advisors LLC raised its position in Builders FirstSource by 3.8% in the first quarter. Auxano Advisors LLC now owns 2,479 shares of the company’s stock valued at $310,000 after purchasing an additional 91 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Builders FirstSource by 21.0% during the first quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock valued at $78,000 after purchasing an additional 109 shares in the last quarter. Horizon Investments LLC grew its holdings in shares of Builders FirstSource by 5.5% during the first quarter. Horizon Investments LLC now owns 2,205 shares of the company’s stock worth $275,000 after purchasing an additional 114 shares during the last quarter. Finally, New Age Alpha Advisors LLC grew its holdings in shares of Builders FirstSource by 22.8% during the first quarter. New Age Alpha Advisors LLC now owns 640 shares of the company’s stock worth $80,000 after purchasing an additional 119 shares during the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on BLDR. Vertical Research started coverage on shares of Builders FirstSource in a research report on Monday, October 20th. They set a “sell” rating and a $109.41 target price on the stock. UBS Group raised their price target on shares of Builders FirstSource from $158.00 to $166.00 and gave the company a “buy” rating in a research note on Friday, October 31st. BMO Capital Markets cut their price target on shares of Builders FirstSource from $130.00 to $123.00 in a report on Wednesday, October 29th. Stifel Nicolaus reduced their price objective on shares of Builders FirstSource from $128.00 to $124.00 in a research note on Monday, November 3rd. Finally, Baird R W lowered Builders FirstSource from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 1st. Ten equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $138.13.

Builders FirstSource Trading Down 0.6%

BLDR opened at $106.26 on Thursday. Builders FirstSource, Inc. has a twelve month low of $102.60 and a twelve month high of $194.36. The company has a fifty day moving average of $124.46 and a 200-day moving average of $123.67. The stock has a market cap of $11.75 billion, a PE ratio of 16.12, a price-to-earnings-growth ratio of 12.90 and a beta of 1.61. The company has a quick ratio of 1.08, a current ratio of 1.79 and a debt-to-equity ratio of 1.12.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings results on Thursday, October 30th. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.19. Builders FirstSource had a net margin of 4.74% and a return on equity of 24.61%. The business had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.86 billion. During the same quarter in the prior year, the firm posted $3.07 earnings per share. The business’s quarterly revenue was down 6.9% compared to the same quarter last year. Builders FirstSource has set its FY 2025 guidance at EPS. On average, sell-side analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

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.