Builders FirstSource, Inc. $BLDR Shares Bought by HRT Financial LP

HRT Financial LP increased its position in Builders FirstSource, Inc. (NYSE:BLDR) by 18.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 199,819 shares of the company’s stock after buying an additional 31,116 shares during the quarter. HRT Financial LP owned about 0.18% of Builders FirstSource worth $23,316,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Smithfield Trust Co grew its stake in shares of Builders FirstSource by 187.7% in the 2nd quarter. Smithfield Trust Co now owns 420 shares of the company’s stock worth $49,000 after purchasing an additional 274 shares during the last quarter. AlphaQuest LLC purchased a new position in Builders FirstSource during the 2nd quarter worth approximately $67,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Builders FirstSource in the second quarter worth $67,000. Smartleaf Asset Management LLC grew its holdings in shares of Builders FirstSource by 21.0% during the first quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock valued at $78,000 after buying an additional 109 shares in the last quarter. Finally, Brooklyn Investment Group grew its stake in Builders FirstSource by 363.9% during the 1st quarter. Brooklyn Investment Group now owns 719 shares of the company’s stock valued at $90,000 after acquiring an additional 564 shares in the last quarter. 95.53% of the stock is owned by institutional investors and hedge funds.

Builders FirstSource Price Performance

BLDR opened at $108.41 on Friday. The company’s 50 day simple moving average is $113.50 and its 200-day simple moving average is $122.42. Builders FirstSource, Inc. has a one year low of $94.35 and a one year high of $175.12. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.79 and a quick ratio of 1.15. The stock has a market capitalization of $11.99 billion, a P/E ratio of 20.65, a price-to-earnings-growth ratio of 11.75 and a beta of 1.56.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings results on Thursday, October 30th. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.19. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.86 billion. Builders FirstSource had a return on equity of 21.28% and a net margin of 3.79%.The firm’s revenue for the quarter was down 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.07 earnings per share. Sell-side analysts anticipate that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on BLDR shares. Benchmark lifted their target price on shares of Builders FirstSource from $138.00 to $142.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Builders FirstSource in a research report on Wednesday, October 8th. UBS Group lifted their target price on shares of Builders FirstSource from $158.00 to $166.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Loop Capital dropped their price target on shares of Builders FirstSource from $145.00 to $140.00 in a research note on Friday, October 31st. Finally, Vertical Research started coverage on shares of Builders FirstSource in a report on Monday, October 20th. They issued a “sell” rating and a $109.41 price objective for the company. Ten investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Builders FirstSource currently has a consensus rating of “Hold” and a consensus price target of $136.86.

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.