Elo Mutual Pension Insurance Co Purchases 972 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Elo Mutual Pension Insurance Co boosted its holdings in Builders FirstSource, Inc. (NYSE:BLDR) by 9.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,814 shares of the company’s stock after acquiring an additional 972 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Builders FirstSource were worth $1,689,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the stock. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in Builders FirstSource during the fourth quarter valued at $557,000. Mitsubishi UFJ Trust & Banking Corp grew its holdings in Builders FirstSource by 5.7% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 230,466 shares of the company’s stock valued at $32,941,000 after buying an additional 12,351 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its position in shares of Builders FirstSource by 3.4% during 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 period. Stevens Capital Management LP purchased a new stake in shares of Builders FirstSource in the fourth quarter worth about $543,000. Finally, LPL Financial LLC boosted its position in shares of Builders FirstSource by 12.6% in the fourth quarter. LPL Financial LLC now owns 287,571 shares of the company’s stock valued at $41,103,000 after acquiring an additional 32,121 shares during the period. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Down 2.7 %

Shares of NYSE:BLDR opened at $124.53 on Friday. The firm has a market capitalization of $14.15 billion, a P/E ratio of 13.75, a P/E/G ratio of 0.80 and a beta of 2.19. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.77. The stock has a 50 day moving average price of $145.58 and a 200-day moving average price of $164.57. Builders FirstSource, Inc. has a 52-week low of $122.49 and a 52-week high of $210.00.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings data 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 business had revenue of $3.82 billion during 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%. As a group, equities research analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on BLDR shares. Barclays decreased their target price on shares of Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating on the stock in a report on Monday, February 24th. The Goldman Sachs Group decreased their price target on shares of Builders FirstSource from $200.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Raymond James reiterated an “outperform” rating and issued a $170.00 price objective (down previously from $180.00) on shares of Builders FirstSource in a research report on Friday, February 21st. Benchmark reduced their target price on Builders FirstSource from $200.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Finally, Stifel Nicolaus lowered their price target on Builders FirstSource from $175.00 to $156.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Five investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Builders FirstSource has an average rating of “Moderate Buy” and an average target price 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.