United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Makes New $557,000 Investment in Builders FirstSource, Inc. (NYSE:BLDR)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in Builders FirstSource, Inc. (NYSE:BLDR) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,900 shares of the company’s stock, valued at approximately $557,000.

Several other large investors have also recently modified their holdings of BLDR. Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Builders FirstSource by 5.7% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 230,466 shares of the company’s stock worth $32,941,000 after purchasing an additional 12,351 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its stake in Builders FirstSource by 3.4% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,943 shares of the company’s stock valued at $278,000 after buying an additional 64 shares during the last quarter. Stevens Capital Management LP acquired a new stake in Builders FirstSource in the fourth quarter worth about $543,000. LPL Financial LLC grew its position in Builders FirstSource by 12.6% during the 4th quarter. LPL Financial LLC now owns 287,571 shares of the company’s stock worth $41,103,000 after purchasing an additional 32,121 shares during the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of Builders FirstSource in the fourth quarter worth $5,946,000. Institutional investors own 95.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on BLDR shares. Loop Capital dropped their price objective on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a report on Monday, February 24th. BMO Capital Markets reduced their price objective on Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating for the company in a research note on Monday, February 24th. Truist Financial decreased their target price on Builders FirstSource from $220.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 21st. StockNews.com downgraded shares of Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Finally, Stifel Nicolaus decreased their price objective on shares of Builders FirstSource from $175.00 to $156.00 and set a “buy” rating for the company in a research note on Monday, February 24th. 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, Builders FirstSource has an average rating of “Moderate Buy” and an average target price of $190.72.

Builders FirstSource Price Performance

Shares of Builders FirstSource stock opened at $130.72 on Wednesday. The firm has a market cap of $14.85 billion, a PE ratio of 14.43, a P/E/G ratio of 0.80 and a beta of 2.19. Builders FirstSource, Inc. has a twelve month low of $122.49 and a twelve month high of $211.85. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86. The business has a 50-day moving average price of $147.67 and a 200 day moving average price of $165.41.

Builders FirstSource (NYSE:BLDR) last announced its earnings results on Thursday, February 20th. The company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.13. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. The business had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.90 billion. Sell-side analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal 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.