WINTON GROUP Ltd Increases Stock Holdings in Builders FirstSource, Inc. $BLDR

WINTON GROUP Ltd increased its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 533.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 83,208 shares of the company’s stock after purchasing an additional 70,077 shares during the period. WINTON GROUP Ltd’s holdings in Builders FirstSource were worth $8,561,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its stake in Builders FirstSource by 167.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 211 shares of the company’s stock valued at $26,000 after purchasing an additional 132 shares during the last quarter. Cromwell Holdings LLC grew its stake in Builders FirstSource by 1,323.5% during the 4th quarter. Cromwell Holdings LLC now owns 242 shares of the company’s stock valued at $25,000 after purchasing an additional 225 shares during the last quarter. TD Waterhouse Canada Inc. purchased a new stake in Builders FirstSource during the 3rd quarter valued at about $34,000. CYBER HORNET ETFs LLC purchased a new stake in Builders FirstSource during the 2nd quarter valued at about $38,000. Finally, MUFG Securities EMEA plc purchased a new stake in Builders FirstSource during the 2nd quarter valued at about $38,000. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Wall Street Analyst Weigh In

BLDR has been the topic of several research analyst reports. Bank of America dropped their price target on Builders FirstSource from $123.00 to $100.00 and set a “neutral” rating on the stock in a research note on Monday, April 20th. William Blair initiated coverage on Builders FirstSource in a research note on Thursday, February 26th. They set an “outperform” rating on the stock. The Goldman Sachs Group dropped their price target on Builders FirstSource from $110.00 to $101.00 in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft dropped their price target on Builders FirstSource from $102.00 to $81.00 and set a “hold” rating on the stock in a research note on Monday, May 4th. Finally, Robert W. Baird dropped their price target on Builders FirstSource from $125.00 to $95.00 in a research note on Friday, May 1st. Nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $101.88.

Builders FirstSource Stock Performance

Shares of BLDR stock opened at $73.57 on Friday. The stock has a market cap of $7.91 billion, a PE ratio of 28.19, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The business has a 50-day simple moving average of $79.73 and a 200-day simple moving average of $97.94. The company has a quick ratio of 1.09, a current ratio of 1.76 and a debt-to-equity ratio of 1.15. Builders FirstSource, Inc. has a 52-week low of $65.10 and a 52-week high of $151.03.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.12). The company had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.17 billion. Builders FirstSource had a net margin of 1.97% and a return on equity of 14.89%. The business’s quarterly revenue was down 10.1% compared to the same quarter last year. During the same period last year, the firm earned $1.51 EPS. On average, equities analysts expect that Builders FirstSource, Inc. will post 4.26 EPS for the current year.

Builders FirstSource declared that its Board of Directors has initiated a stock buyback plan on Thursday, April 30th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to buy up to 5.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In related news, Director Paul S. Levy acquired 50,000 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was acquired at an average price of $87.73 per share, with a total value of $4,386,500.00. Following the acquisition, the director directly owned 1,727,191 shares in the company, valued at $151,526,466.43. This represents a 2.98% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.70% of the stock is currently owned by company insiders.

Builders FirstSource Profile

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.