Griffith & Werner Inc. purchased a new stake in Builders FirstSource, Inc. (NYSE:BLDR – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 49,641 shares of the company’s stock, valued at approximately $2,830,000.
Several other large investors have also bought and sold shares of BLDR. Clark Wealth Partners purchased a new position in Builders FirstSource during the 3rd quarter worth $27,000. PFS Partners LLC bought a new stake in shares of Builders FirstSource in the 3rd quarter worth $28,000. Sunbelt Securities Inc. raised its holdings in shares of Builders FirstSource by 508.5% in the first quarter. Sunbelt Securities Inc. now owns 359 shares of the company’s stock valued at $30,000 after purchasing an additional 300 shares during the last quarter. Sunrise Financial Services LLC purchased a new stake in shares of Builders FirstSource in the third quarter valued at about $32,000. Finally, Barrett & Company Inc. purchased a new stake in shares of Builders FirstSource in the third quarter valued at about $33,000. 95.53% of the stock is currently owned by institutional investors.
Builders FirstSource Stock Down 0.2%
Shares of NYSE:BLDR opened at $62.42 on Monday. Builders FirstSource, Inc. has a 1 year low of $49.67 and a 1 year high of $131.50. The company has a market capitalization of $6.72 billion, a PE ratio of 168.72, a price-to-earnings-growth ratio of 1.74 and a beta of 1.41. The business has a fifty day moving average price of $58.94 and a two-hundred day moving average price of $79.21. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.85 and a quick ratio of 1.14.
Builders FirstSource (NYSE:BLDR – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.45. The company had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.75 billion. Builders FirstSource had a return on equity of 10.77% and a net margin of 0.28%. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.88 EPS. Analysts forecast that Builders FirstSource, Inc. will post 3.68 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on BLDR shares. Barclays cut their price target on shares of Builders FirstSource from $81.00 to $70.00 and set an “overweight” rating on the stock in a report on Friday, October 30th. Benchmark decreased their price objective on shares of Builders FirstSource from $105.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. DA Davidson set a $68.00 price objective on shares of Builders FirstSource in a research note on Friday, July 31st. Oppenheimer dropped their target price on shares of Builders FirstSource from $90.00 to $78.00 and set an “outperform” rating on the stock in a research report on Friday, October 16th. Finally, Deutsche Bank Aktiengesellschaft set a $66.00 target price on Builders FirstSource in a research note on Friday, July 31st. Seven analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $75.55.
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