Fox Run Management L.L.C. Sells 2,732 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Fox Run Management L.L.C. lessened its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 46.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,118 shares of the company’s stock after selling 2,732 shares during the quarter. Fox Run Management L.L.C.’s holdings in Builders FirstSource were worth $446,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in BLDR. KLP Kapitalforvaltning AS bought a new stake in Builders FirstSource during the fourth quarter worth approximately $5,946,000. AXQ Capital LP boosted its holdings in shares of Builders FirstSource by 381.9% during the 4th quarter. AXQ Capital LP now owns 8,101 shares of the company’s stock worth $1,158,000 after buying an additional 6,420 shares during the period. Sei Investments Co. grew its stake in Builders FirstSource by 24.6% in the 4th quarter. Sei Investments Co. now owns 52,381 shares of the company’s stock valued at $7,487,000 after buying an additional 10,338 shares during the last quarter. Mizuho Securities USA LLC raised its holdings in Builders FirstSource by 44.4% in the 4th quarter. Mizuho Securities USA LLC now owns 10,907 shares of the company’s stock worth $1,559,000 after acquiring an additional 3,356 shares during the period. Finally, Virtu Financial LLC bought a new stake in Builders FirstSource during the fourth quarter valued at about $2,003,000. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Stock Down 0.8 %

NYSE:BLDR opened at $130.72 on Wednesday. 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 12-month low of $122.49 and a 12-month high of $211.85. The stock’s fifty day simple moving average is $147.67 and its 200-day simple moving average is $165.41. The firm has a market capitalization of $14.85 billion, a P/E ratio of 14.43, a P/E/G ratio of 0.80 and a beta of 2.19.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.18 by $0.13. The firm had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.90 billion. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. Equities research analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on BLDR shares. The Goldman Sachs Group dropped their price objective on shares of Builders FirstSource from $200.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Truist Financial dropped their target price on shares of Builders FirstSource from $220.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Raymond James restated an “outperform” rating and set a $170.00 price target (down from $180.00) on shares of Builders FirstSource in a research report on Friday, February 21st. Stifel Nicolaus lowered their target price on Builders FirstSource from $175.00 to $156.00 and set a “buy” rating for the company in a research note on Monday, February 24th. Finally, Loop Capital reduced their price target on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a research report on Monday, February 24th. Five investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $190.72.

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.