Mitsubishi UFJ Trust & Banking Corp Acquires 12,351 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 5.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 230,466 shares of the company’s stock after acquiring an additional 12,351 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.20% of Builders FirstSource worth $32,941,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of BLDR. Mountaineer Partners Management LLC bought a new position in Builders FirstSource in the 3rd quarter worth about $2,099,877,000. FMR LLC grew its stake in Builders FirstSource by 45.7% in the third quarter. FMR LLC now owns 10,158,152 shares of the company’s stock worth $1,969,259,000 after purchasing an additional 3,186,876 shares in the last quarter. Diamond Hill Capital Management Inc. increased its holdings in Builders FirstSource by 47.2% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 1,943,439 shares of the company’s stock worth $277,776,000 after purchasing an additional 623,583 shares during the period. Baillie Gifford & Co. increased its holdings in Builders FirstSource by 20.7% during the 4th quarter. Baillie Gifford & Co. now owns 1,663,420 shares of the company’s stock worth $237,753,000 after purchasing an additional 285,458 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Builders FirstSource by 7.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 976,125 shares of the company’s stock worth $139,518,000 after buying an additional 71,525 shares during the period. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Down 1.4 %

NYSE:BLDR opened at $129.07 on Thursday. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.86. Builders FirstSource, Inc. has a twelve month low of $122.49 and a twelve month high of $211.12. The company has a market cap of $14.67 billion, a PE ratio of 14.25, a P/E/G ratio of 0.80 and a beta of 2.19. The company’s 50 day moving average is $147.02 and its two-hundred day moving average is $165.16.

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

Analysts Set New Price Targets

Several equities analysts have recently commented on BLDR shares. Royal Bank of Canada cut their price target on Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, February 21st. Loop Capital cut their target price 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. Barclays lowered their price target on shares of Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating for the company in a research report on Monday, February 24th. Raymond James reissued an “outperform” rating and issued a $170.00 price objective (down previously from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. Finally, Wedbush restated an “outperform” rating and set a $230.00 target price on shares of Builders FirstSource in a report on Wednesday, December 18th. Five research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Builders FirstSource currently has a consensus rating of “Moderate Buy” and an average price target of $190.72.

Builders FirstSource 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.