Wisconsin Wealth Advisors LLC lifted its holdings in Builders FirstSource, Inc. (NYSE:BLDR – Free Report) by 14.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 4,771 shares of the company’s stock after purchasing an additional 600 shares during the quarter. Wisconsin Wealth Advisors LLC’s holdings in Builders FirstSource were worth $557,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. IMA Advisory Services Inc. acquired a new position in shares of Builders FirstSource during the 1st quarter worth approximately $31,000. Smithfield Trust Co grew its position in shares of Builders FirstSource by 187.7% in the second quarter. Smithfield Trust Co now owns 420 shares of the company’s stock valued at $49,000 after purchasing an additional 274 shares during the period. AlphaQuest LLC purchased a new stake in shares of Builders FirstSource during the second quarter worth about $67,000. Smartleaf Asset Management LLC raised its position in shares of Builders FirstSource by 21.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock worth $78,000 after purchasing an additional 109 shares during the last quarter. Finally, New Age Alpha Advisors LLC lifted its stake in Builders FirstSource by 22.8% in the 1st quarter. New Age Alpha Advisors LLC now owns 640 shares of the company’s stock valued at $80,000 after buying an additional 119 shares in the last quarter. 95.53% of the stock is owned by institutional investors and hedge funds.
Builders FirstSource Trading Up 0.1%
Shares of NYSE BLDR opened at $95.80 on Thursday. The stock has a fifty day simple moving average of $120.05 and a 200-day simple moving average of $123.07. Builders FirstSource, Inc. has a twelve month low of $95.44 and a twelve month high of $194.36. The stock has a market capitalization of $10.59 billion, a PE ratio of 14.68, a PEG ratio of 12.90 and a beta of 1.60. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12.
Analyst Ratings Changes
A number of analysts have recently issued reports on BLDR shares. BMO Capital Markets lowered their price target on Builders FirstSource from $130.00 to $123.00 in a research note on Wednesday, October 29th. Wedbush reiterated a “neutral” rating and issued a $145.00 target price on shares of Builders FirstSource in a research report on Monday, September 15th. The Goldman Sachs Group lowered their price target on shares of Builders FirstSource from $147.00 to $146.00 in a research report on Friday, October 31st. Stephens dropped their price objective on shares of Builders FirstSource from $140.00 to $137.00 in a research note on Monday, November 3rd. Finally, UBS Group boosted their target price on Builders FirstSource from $158.00 to $166.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Ten equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $136.92.
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Builders FirstSource Company 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.
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