Mutual of America Capital Management LLC Sells 2,418 Shares of Builders FirstSource, Inc. $BLDR

Mutual of America Capital Management LLC lowered its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 4.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,991 shares of the company’s stock after selling 2,418 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Builders FirstSource were worth $5,833,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. IMA Advisory Services Inc. bought a new position in shares of Builders FirstSource in the first quarter worth about $31,000. Mather Group LLC. lifted its holdings in shares of Builders FirstSource by 19.7% in the first quarter. Mather Group LLC. now owns 595 shares of the company’s stock worth $74,000 after acquiring an additional 98 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Builders FirstSource by 21.0% in the first quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock worth $78,000 after acquiring an additional 109 shares during the last quarter. New Age Alpha Advisors LLC lifted its holdings in shares of Builders FirstSource by 22.8% in the first quarter. New Age Alpha Advisors LLC now owns 640 shares of the company’s stock worth $80,000 after acquiring an additional 119 shares during the last quarter. Finally, Brooklyn Investment Group lifted its holdings in shares of Builders FirstSource by 363.9% in the first quarter. Brooklyn Investment Group now owns 719 shares of the company’s stock worth $90,000 after acquiring an additional 564 shares during the last quarter. Institutional investors own 95.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BLDR. Oppenheimer set a $155.00 target price on shares of Builders FirstSource and gave the stock an “outperform” rating in a report on Thursday, July 10th. Stifel Nicolaus raised their price objective on shares of Builders FirstSource from $118.00 to $128.00 and gave the company a “hold” rating in a report on Friday, August 1st. KeyCorp set a $145.00 price objective on shares of Builders FirstSource in a report on Wednesday, October 1st. Royal Bank Of Canada lowered shares of Builders FirstSource from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $132.00 to $129.00 in a report on Friday, August 1st. Finally, Vertical Research assumed coverage on shares of Builders FirstSource in a report on Monday. They issued a “sell” rating and a $109.41 price objective for the company. Ten research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $145.19.

Builders FirstSource Stock Up 2.7%

Shares of NYSE BLDR opened at $125.75 on Wednesday. The company has a 50 day simple moving average of $132.33 and a 200 day simple moving average of $124.08. The firm has a market cap of $13.90 billion, a PE ratio of 19.08, a price-to-earnings-growth ratio of 13.71 and a beta of 1.62. Builders FirstSource, Inc. has a 1 year low of $102.60 and a 1 year high of $194.36. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.79 and a quick ratio of 1.08.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings data on Thursday, July 31st. The company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.35 by $0.03. The business had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.29 billion. Builders FirstSource had a net margin of 4.74% and a return on equity of 24.61%. The firm’s quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the business earned $3.50 EPS. Builders FirstSource has set its FY 2025 guidance at EPS. On average, research analysts forecast 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.