Builders FirstSource, Inc. $BLDR Stock: Oregon Public Employees Retirement Fund Boosts Holdings

Oregon Public Employees Retirement Fund lifted its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 83.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,100 shares of the company’s stock after acquiring an additional 10,928 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Builders FirstSource were worth $1,374,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Sunbelt Securities Inc. grew its stake in Builders FirstSource by 508.5% during the 1st quarter. Sunbelt Securities Inc. now owns 359 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares in the last quarter. Allworth Financial LP purchased a new stake in Builders FirstSource during the 2nd quarter worth about $42,000. Clark Wealth Partners purchased a new stake in Builders FirstSource during the 3rd quarter worth about $27,000. PFS Partners LLC acquired a new stake in Builders FirstSource in the 3rd quarter valued at about $28,000. Finally, Continuum Advisory LLC acquired a new stake in Builders FirstSource in the 2nd quarter valued at about $48,000. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Down 0.2%

Builders FirstSource stock opened at $62.42 on Monday. The stock has a market cap of $6.72 billion, a PE ratio of 168.72, a P/E/G ratio of 1.74 and a beta of 1.41. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.85 and a quick ratio of 1.14. The stock’s fifty day moving average is $58.94 and its two-hundred day moving average is $79.21. Builders FirstSource, Inc. has a 1-year low of $49.67 and a 1-year high of $131.50.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings data on Thursday, October 29th. The company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.45. Builders FirstSource had a return on equity of 10.77% and a net margin of 0.28%. The business had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period in the prior year, the firm posted $1.88 EPS. The business’s quarterly revenue was down 2.2% compared to the same quarter last year. On average, sell-side analysts expect that Builders FirstSource, Inc. will post 3.68 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BLDR. Benchmark lowered their price objective on Builders FirstSource from $105.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Builders FirstSource in a report on Monday, October 19th. Oppenheimer reduced their target price on shares of Builders FirstSource from $90.00 to $78.00 and set an “outperform” rating on the stock in a report on Friday, October 16th. Zacks Research upgraded shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a research note on Friday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $66.00 price target on shares of Builders FirstSource in a report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $75.55.

Builders FirstSource Company Profile