Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by One Wealth Advisors LLC

One Wealth Advisors LLC lowered its position in Builders FirstSource, Inc. (NYSE:BLDR) by 29.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,156 shares of the company’s stock after selling 920 shares during the quarter. One Wealth Advisors LLC’s holdings in Builders FirstSource were worth $308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BLDR. Brooklyn Investment Group acquired a new position in Builders FirstSource in the third quarter valued at $28,000. Armstrong Advisory Group Inc. acquired a new position in Builders FirstSource in the third quarter valued at $30,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Builders FirstSource in the fourth quarter valued at $33,000. Reston Wealth Management LLC acquired a new position in Builders FirstSource in the third quarter valued at $39,000. Finally, Brown Brothers Harriman & Co. acquired a new position in Builders FirstSource in the third quarter valued at $46,000. Institutional investors and hedge funds own 95.53% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Raymond James assumed coverage on Builders FirstSource in a report on Friday, January 17th. They issued an “outperform” rating and a $180.00 target price on the stock. UBS Group started coverage on Builders FirstSource in a research note on Friday, October 25th. They set a “buy” rating and a $232.00 price objective on the stock. StockNews.com cut Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Barclays reduced their price objective on Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Finally, DA Davidson boosted their price objective on Builders FirstSource from $169.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Builders FirstSource has a consensus rating of “Moderate Buy” and a consensus target price of $205.71.

Insider Activity at Builders FirstSource

In related news, Director Cleveland A. Christophe sold 10,000 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $178.41, for a total value of $1,784,100.00. Following the completion of the sale, the director now directly owns 33,083 shares of the company’s stock, valued at $5,902,338.03. The trade was a 23.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.80% of the stock is owned by corporate insiders.

Builders FirstSource Stock Down 2.6 %

Shares of Builders FirstSource stock opened at $162.94 on Tuesday. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83. The firm has a market cap of $18.75 billion, a P/E ratio of 15.91, a P/E/G ratio of 0.92 and a beta of 2.12. Builders FirstSource, Inc. has a fifty-two week low of $130.75 and a fifty-two week high of $214.70. The business has a 50-day moving average price of $161.40 and a 200 day moving average price of $171.46.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.09 by ($0.02). The firm had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.44 billion. Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. The firm’s quarterly revenue was down 6.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.24 earnings per share. On average, sell-side analysts forecast that Builders FirstSource, Inc. will post 11.52 earnings per share for the current fiscal year.

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.