Prudential PLC Has $726,000 Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Prudential PLC lifted its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 30.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,080 shares of the company’s stock after acquiring an additional 1,176 shares during the period. Prudential PLC’s holdings in Builders FirstSource were worth $726,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Smartleaf Asset Management LLC grew its position in Builders FirstSource by 34.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 518 shares of the company’s stock worth $74,000 after purchasing an additional 134 shares during the last quarter. Mountain Lake Investment Management LLC grew its position in Builders FirstSource by 7.0% during 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 in the last quarter. Fisher Asset Management LLC increased its stake in Builders FirstSource by 14.9% during the fourth quarter. Fisher Asset Management LLC now owns 196,491 shares of the company’s stock valued at $28,084,000 after acquiring an additional 25,535 shares during the period. Fiera Capital Corp acquired a new position in Builders FirstSource in the 4th quarter valued at approximately $27,089,000. Finally, Lecap Asset Management Ltd. lifted its position in shares of Builders FirstSource by 82.6% in the 4th quarter. Lecap Asset Management Ltd. now owns 22,043 shares of the company’s stock worth $3,151,000 after acquiring an additional 9,970 shares during the period. Institutional investors own 95.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. The Goldman Sachs Group reduced their target price on Builders FirstSource from $200.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 21st. BMO Capital Markets decreased their target price on shares of Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating on the stock in a research report on Monday, February 24th. Stifel Nicolaus dropped their price target on shares of Builders FirstSource from $175.00 to $156.00 and set a “buy” rating for the company in a research report on Monday, February 24th. Raymond James reaffirmed an “outperform” rating and set a $170.00 price objective (down from $180.00) on shares of Builders FirstSource in a report on Friday, February 21st. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Builders FirstSource in a report on Tuesday, April 1st. They issued a “buy” rating and a $151.00 target price for the company. Five analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Builders FirstSource has a consensus rating of “Moderate Buy” and a consensus target price of $188.63.

Builders FirstSource Trading Down 3.9 %

BLDR stock opened at $119.08 on Tuesday. The business has a fifty day moving average of $140.37 and a 200-day moving average of $161.76. The company has a market cap of $13.53 billion, a P/E ratio of 13.14, a PEG ratio of 0.80 and a beta of 1.99. Builders FirstSource, Inc. has a twelve month low of $114.70 and a twelve month high of $206.02. 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 (NYSE:BLDR) last released its 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 company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.90 billion. As a group, equities research analysts expect that Builders FirstSource, Inc. will post 11.59 EPS for the current 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.