Auxano Advisors LLC Acquires 182 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Auxano Advisors LLC raised its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 8.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,388 shares of the company’s stock after buying an additional 182 shares during the quarter. Auxano Advisors LLC’s holdings in Builders FirstSource were worth $341,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BLDR. Brooklyn Investment Group bought a new stake in Builders FirstSource in the 3rd quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Builders FirstSource in the fourth quarter valued at about $33,000. SBI Securities Co. Ltd. acquired a new position in shares of Builders FirstSource during the fourth quarter worth about $34,000. Brown Brothers Harriman & Co. bought a new position in shares of Builders FirstSource during the third quarter worth about $46,000. Finally, Avion Wealth raised its position in Builders FirstSource by 728.6% in the 4th quarter. Avion Wealth now owns 348 shares of the company’s stock valued at $49,000 after buying an additional 306 shares during the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Truist Financial reduced their price target on 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 target price (down previously from $180.00) on shares of Builders FirstSource in a report on Friday, February 21st. Stephens lifted their price target on shares of Builders FirstSource from $178.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Royal Bank of Canada cut their price target on shares of Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, February 21st. Finally, BMO Capital Markets decreased their price objective on Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating for the company in a report on Monday, February 24th. Five research 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. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $190.72.

Builders FirstSource Price Performance

NYSE:BLDR opened at $139.03 on Monday. The company has a market cap of $15.80 billion, a P/E ratio of 15.35, a P/E/G ratio of 0.80 and a beta of 2.12. The firm’s fifty day moving average price is $152.82 and its two-hundred day moving average price is $170.10. Builders FirstSource, Inc. has a one year low of $130.75 and a one year high of $214.70. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.16.

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

About Builders FirstSource

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.