Builders FirstSource, Inc. (NYSE:BLDR) Stock Holdings Decreased by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lessened its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 6.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 69,431 shares of the company’s stock after selling 4,463 shares during the period. Whittier Trust Co. of Nevada Inc. owned 0.06% of Builders FirstSource worth $9,924,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brooklyn Investment Group bought a new stake in shares of Builders FirstSource during the 3rd quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Builders FirstSource during the 4th quarter valued at about $33,000. Brown Brothers Harriman & Co. bought a new stake in shares of Builders FirstSource during the 3rd quarter valued at about $46,000. SBI Securities Co. Ltd. acquired a new position in Builders FirstSource during the 4th quarter valued at about $34,000. Finally, Avion Wealth boosted its stake in Builders FirstSource by 728.6% during the 4th quarter. Avion Wealth now owns 348 shares of the company’s stock valued at $49,000 after purchasing an additional 306 shares during the period. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Up 0.5 %

BLDR stock opened at $128.96 on Friday. Builders FirstSource, Inc. has a 12 month low of $122.49 and a 12 month high of $214.70. The firm has a market cap of $14.65 billion, a PE ratio of 14.23, a P/E/G ratio of 0.80 and a beta of 2.19. The firm has a 50 day simple moving average of $148.71 and a 200 day simple moving average of $166.30. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.16.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $3.90 billion. Equities research analysts forecast that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Royal Bank of Canada reduced their target price on shares of Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating for the company in a research note on Friday, February 21st. StockNews.com lowered shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Loop Capital reduced their target price on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating for the company in a research note 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 research note on Friday, February 21st. Finally, BMO Capital Markets reduced their price target on shares of Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating for the company in a research note on Monday, February 24th. Five equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Builders FirstSource currently has an average rating of “Moderate Buy” and a consensus 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.