28,184 Shares in Builders FirstSource, Inc. $BLDR Acquired by Plancorp LLC

Plancorp LLC acquired a new position in Builders FirstSource, Inc. (NYSE:BLDR – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 28,184 shares of the company’s stock, valued at approximately $1,607,000.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Builders FirstSource during the second quarter valued at approximately $700,934,000. Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of Builders FirstSource during the second quarter valued at approximately $134,908,000. Daily Journal Corp bought a new position in shares of Builders FirstSource during the third quarter valued at approximately $80,555,000. Bank of America Corp DE purchased a new stake in Builders FirstSource in the second quarter worth $83,832,000. Finally, Fort Washington Investment Advisors Inc. OH purchased a new stake in Builders FirstSource in the third quarter worth $48,738,000. 95.53% of the stock is currently owned by institutional investors.

Builders FirstSource Stock Down 4.7%

BLDR stock opened at $62.42 on Friday. The company has a market capitalization of $6.72 billion, a price-to-earnings ratio of 168.72, a price-to-earnings-growth ratio of 1.74 and a beta of 1.41. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.14 and a current ratio of 1.85. The business’s 50 day moving average price is $58.94 and its two-hundred day moving average price is $79.21. Builders FirstSource, Inc. has a fifty-two week low of $49.67 and a fifty-two week high of $131.50.

Builders FirstSource (NYSE:BLDR – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.45. The company had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. Builders FirstSource had a return on equity of 10.77% and a net margin of 0.28%. The firm’s revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.88 earnings per share. As a group, analysts forecast that Builders FirstSource, Inc. will post 3.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on BLDR shares. Zacks Research upgraded shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a report on Friday, October 2nd. DA Davidson set a $68.00 price objective on shares of Builders FirstSource in a report on Friday, July 31st. Truist Financial raised their target price on shares of Builders FirstSource from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, October 30th. UBS Group cut their target price on shares of Builders FirstSource from $88.00 to $75.00 and set a “buy” rating on the stock in a research note on Friday, October 30th. Finally, Loop Capital lowered shares of Builders FirstSource from a “buy” rating to a “hold” rating and set a $62.00 target price on the stock. in a research note on Monday, October 26th. Seven investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Builders FirstSource has an average rating of “Hold” and a consensus price target of $75.55.

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About Builders FirstSource

(Free Report)

Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.

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Institutional Ownership by Quarter for Builders FirstSource (NYSE:BLDR)

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