Measured Wealth Private Client Group LLC Sells 161 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Measured Wealth Private Client Group LLC cut its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,512 shares of the company’s stock after selling 161 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Builders FirstSource were worth $586,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in BLDR. Invesco Ltd. grew its stake in Builders FirstSource by 80.8% during the third quarter. Invesco Ltd. now owns 1,956,109 shares of the company’s stock valued at $243,516,000 after acquiring an additional 874,268 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of Builders FirstSource by 30,560.2% in the third quarter. Qube Research & Technologies Ltd now owns 558,322 shares of the company’s stock worth $69,506,000 after purchasing an additional 556,501 shares during the last quarter. Jupiter Asset Management Ltd. lifted its position in shares of Builders FirstSource by 678.1% in the third quarter. Jupiter Asset Management Ltd. now owns 493,071 shares of the company’s stock worth $61,382,000 after buying an additional 429,699 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Builders FirstSource by 19.5% in the third quarter. AQR Capital Management LLC now owns 1,573,870 shares of the company’s stock worth $195,931,000 after buying an additional 256,609 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC boosted its stake in Builders FirstSource by 834.6% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 282,811 shares of the company’s stock valued at $35,207,000 after buying an additional 252,551 shares during the last quarter. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

Builders FirstSource Trading Up 3.7 %

BLDR stock traded up $7.07 during mid-day trading on Friday, reaching $195.81. The company had a trading volume of 1,809,086 shares, compared to its average volume of 1,239,646. The firm has a 50 day moving average of $195.49 and a 200 day moving average of $167.41. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.77 and a quick ratio of 1.11. Builders FirstSource, Inc. has a 12 month low of $105.24 and a 12 month high of $214.70. The company has a market capitalization of $23.88 billion, a PE ratio of 16.33, a price-to-earnings-growth ratio of 1.17 and a beta of 2.08.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $3.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.70 by $0.85. The company had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.01 billion. Builders FirstSource had a return on equity of 41.10% and a net margin of 9.01%. On average, equities analysts predict that Builders FirstSource, Inc. will post 13.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on BLDR. Barclays upped their price objective on Builders FirstSource from $235.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, April 4th. Jefferies Financial Group increased their price objective on shares of Builders FirstSource from $226.00 to $237.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Royal Bank of Canada boosted their target price on shares of Builders FirstSource from $186.00 to $211.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. Oppenheimer upped their target price on shares of Builders FirstSource from $220.00 to $242.00 and gave the company an “outperform” rating in a research report on Friday, February 23rd. Finally, Truist Financial lifted their price target on Builders FirstSource from $185.00 to $190.00 and gave the stock a “hold” rating in a research report on Friday, February 23rd. Four investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, Builders FirstSource presently has a consensus rating of “Moderate Buy” and an average target price of $190.06.

Insider Activity

In other Builders FirstSource news, Director Cory Jacobs Boydston sold 7,759 shares of the stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $200.00, for a total transaction of $1,551,800.00. Following the transaction, the director now directly owns 28,738 shares in the company, valued at approximately $5,747,600. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.90% of the company’s stock.

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.