73,612 Shares in Builders FirstSource, Inc. $BLDR Bought by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC acquired a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 73,612 shares of the company’s stock, valued at approximately $8,925,000. Moody Lynn & Lieberson LLC owned about 0.07% of Builders FirstSource as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in BLDR. CYBER HORNET ETFs LLC bought a new stake in Builders FirstSource in the second quarter worth about $38,000. MUFG Securities EMEA plc bought a new position in Builders FirstSource in the 2nd quarter valued at $38,000. Smithfield Trust Co increased its stake in Builders FirstSource by 187.7% in the second quarter. Smithfield Trust Co now owns 420 shares of the company’s stock worth $49,000 after purchasing an additional 274 shares during the period. AlphaQuest LLC bought a new stake in shares of Builders FirstSource during the second quarter worth $67,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Builders FirstSource during the second quarter valued at $67,000. 95.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on BLDR. Jefferies Financial Group downgraded shares of Builders FirstSource from a “buy” rating to a “hold” rating and reduced their price target for the stock from $138.00 to $110.00 in a research note on Monday, December 15th. Zacks Research upgraded shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 5th. Benchmark lifted their price target 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. Deutsche Bank Aktiengesellschaft dropped their price objective on Builders FirstSource from $134.00 to $131.00 and set a “hold” rating on the stock in a research note on Monday, November 3rd. Finally, Robert W. Baird set a $135.00 price target on Builders FirstSource in a research report on Friday, October 31st. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Builders FirstSource has an average rating of “Hold” and a consensus price target of $135.07.

Builders FirstSource Stock Performance

BLDR stock opened at $103.17 on Wednesday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.15 and a current ratio of 1.79. The firm has a market cap of $11.41 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 11.00 and a beta of 1.56. The firm has a 50-day simple moving average of $108.34 and a two-hundred day simple moving average of $121.93. Builders FirstSource, Inc. has a one year low of $94.35 and a one year high of $175.12.

Builders FirstSource (NYSE:BLDR) last announced its earnings results on Thursday, October 30th. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.19. The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $3.86 billion. Builders FirstSource had a net margin of 3.79% and a return on equity of 21.28%. Builders FirstSource’s revenue was down 6.9% compared to the same quarter last year. During the same period last year, the firm earned $3.07 earnings per share. On average, equities analysts forecast that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

About Builders FirstSource

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.