UniSuper Management Pty Ltd Has $2.01 Million Stock Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

UniSuper Management Pty Ltd grew its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 24.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,028 shares of the company’s stock after purchasing an additional 2,752 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Builders FirstSource were worth $2,005,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Elo Mutual Pension Insurance Co increased its stake in shares of Builders FirstSource by 9.0% during the 4th quarter. Elo Mutual Pension Insurance Co now owns 11,814 shares of the company’s stock worth $1,689,000 after purchasing an additional 972 shares during the last quarter. 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 worth about $557,000. Mitsubishi UFJ Trust & Banking Corp increased its position in Builders FirstSource by 5.7% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 230,466 shares of the company’s stock worth $32,941,000 after buying an additional 12,351 shares during 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 period. Finally, Stevens Capital Management LP acquired a new stake in shares of Builders FirstSource in the fourth quarter valued at approximately $543,000. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Trading Down 2.7 %

Shares of Builders FirstSource stock opened at $124.53 on Monday. 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 12-month low of $122.49 and a 12-month high of $210.00. The company has a market capitalization of $14.15 billion, a price-to-earnings ratio of 13.75, a PEG ratio of 0.80 and a beta of 2.19. The firm’s 50-day moving average price is $145.58 and its two-hundred day moving average price is $164.53.

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

Wall Street Analyst Weigh In

BLDR has been the topic of a number of recent analyst reports. Raymond James restated an “outperform” rating and issued a $170.00 price target (down previously from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. Barclays dropped their price objective on shares of Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating on the stock in a research report on Monday, February 24th. The Goldman Sachs Group reduced their target price on shares of Builders FirstSource from $200.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 21st. Royal Bank of Canada lowered their price target on shares of Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating on the stock in a report on Friday, February 21st. Finally, Stifel Nicolaus reduced their price objective on Builders FirstSource from $175.00 to $156.00 and set a “buy” rating for the company in a report on Monday, February 24th. Five research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued 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.

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.