Dana Investment Advisors Inc. decreased its position in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 11.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,856 shares of the company's stock after selling 3,870 shares during the quarter. Dana Investment Advisors Inc.'s holdings in Builders FirstSource were worth $4,410,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. Cullen Frost Bankers Inc. raised its position in Builders FirstSource by 3.7% during the fourth quarter. Cullen Frost Bankers Inc. now owns 26,095 shares of the company's stock valued at $3,730,000 after buying an additional 941 shares during the period. Aigen Investment Management LP acquired a new position in Builders FirstSource during the fourth quarter valued at $703,000. Proficio Capital Partners LLC increased its position in Builders FirstSource by 9.4% in the 4th quarter. Proficio Capital Partners LLC now owns 4,547 shares of the company's stock worth $650,000 after purchasing an additional 390 shares during the last quarter. Seizert Capital Partners LLC increased its position in Builders FirstSource by 23.3% in the 4th quarter. Seizert Capital Partners LLC now owns 264,211 shares of the company's stock worth $37,764,000 after purchasing an additional 49,863 shares during the last quarter. Finally, J.Safra Asset Management Corp increased its position in Builders FirstSource by 91.2% in the 4th quarter. J.Safra Asset Management Corp now owns 2,310 shares of the company's stock worth $331,000 after purchasing an additional 1,102 shares during the last quarter. Institutional investors and hedge funds own 95.53% of the company's stock.
Shares of BLDR stock traded up $0.43 during mid-day trading on Friday, reaching $134.70. The stock had a trading volume of 1,048,768 shares, compared to its average volume of 1,579,266. The firm's 50 day simple moving average is $151.59 and its 200 day simple moving average is $169.24. 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 one year low of $127.45 and a one year high of $214.70. The firm has a market cap of $15.30 billion, a PE ratio of 14.87, a P/E/G ratio of 0.80 and a beta of 2.19.
Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $2.31 EPS 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 company had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.90 billion. On average, analysts forecast that Builders FirstSource, Inc. will post 11.59 EPS for the current year.
Several research analysts have weighed in on the company. Wedbush reaffirmed an "outperform" rating and issued a $230.00 target price on shares of Builders FirstSource in a research report on Wednesday, December 18th. Stifel Nicolaus dropped their target price on Builders FirstSource from $175.00 to $156.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. Stephens upped their target price on Builders FirstSource from $178.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. The Goldman Sachs Group dropped their target price on Builders FirstSource from $200.00 to $180.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. Finally, Truist Financial lowered their price objective on Builders FirstSource from $220.00 to $180.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Five analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $190.72.
Read Our Latest Stock Analysis on BLDR
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.
Before you consider Builders FirstSource, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Builders FirstSource wasn't on the list.
While Builders FirstSource currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.