Vinva Investment Management Ltd Acquires 42,397 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Vinva Investment Management Ltd increased its holdings in Builders FirstSource, Inc. (NYSE:BLDR) by 495.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,956 shares of the company’s stock after purchasing an additional 42,397 shares during the quarter. Vinva Investment Management Ltd’s holdings in Builders FirstSource were worth $7,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of BLDR. Smartleaf Asset Management LLC lifted its holdings in Builders FirstSource by 34.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 518 shares of the company’s stock worth $74,000 after buying an additional 134 shares during the period. Mountain Lake Investment Management LLC lifted its holdings in Builders FirstSource by 7.0% in the fourth quarter. Mountain Lake Investment Management LLC now owns 36,367 shares of the company’s stock worth $5,201,000 after buying an additional 2,367 shares during the period. Fisher Asset Management LLC lifted its holdings in Builders FirstSource by 14.9% in the fourth quarter. Fisher Asset Management LLC now owns 196,491 shares of the company’s stock worth $28,084,000 after buying an additional 25,535 shares during the period. Fiera Capital Corp purchased a new stake in Builders FirstSource in the fourth quarter worth about $27,089,000. Finally, Lecap Asset Management Ltd. lifted its holdings in Builders FirstSource by 82.6% in the fourth quarter. Lecap Asset Management Ltd. now owns 22,043 shares of the company’s stock worth $3,151,000 after buying an additional 9,970 shares during the period. 95.53% of the stock is owned by institutional investors.

Builders FirstSource Price Performance

Shares of BLDR opened at $127.79 on Wednesday. The company has a market capitalization of $14.52 billion, a P/E ratio of 14.11, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86. The firm has a 50 day moving average of $149.31 and a 200 day moving average of $166.83. Builders FirstSource, Inc. has a twelve month low of $122.49 and a twelve month high of $214.70.

Builders FirstSource (NYSE:BLDR) last posted its earnings results on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $3.90 billion. As a group, equities research analysts anticipate 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 subject of several research analyst reports. Royal Bank of Canada lowered their price objective on shares of Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, February 21st. Raymond James restated an “outperform” rating and issued a $170.00 price objective (down from $180.00) on shares of Builders FirstSource in a report on Friday, February 21st. Barclays lowered their price objective on shares of Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating for the company in a report on Monday, February 24th. StockNews.com lowered shares of Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Finally, BMO Capital Markets lowered their target price on shares of 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 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.