Signaturefd LLC Sells 343 Shares of Builders FirstSource, Inc. $BLDR

Signaturefd LLC trimmed its position in Builders FirstSource, Inc. (NYSE:BLDR) by 21.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,239 shares of the company’s stock after selling 343 shares during the quarter. Signaturefd LLC’s holdings in Builders FirstSource were worth $145,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. IMA Advisory Services Inc. bought a new stake in shares of Builders FirstSource in the 1st quarter valued at about $31,000. Sentry Investment Management LLC bought a new position in Builders FirstSource in the 1st quarter valued at about $40,000. CX Institutional bought a new position in Builders FirstSource in the 1st quarter valued at about $45,000. Mather Group LLC. raised its holdings in Builders FirstSource by 19.7% in the 1st quarter. Mather Group LLC. now owns 595 shares of the company’s stock valued at $74,000 after acquiring an additional 98 shares during the period. Finally, Smartleaf Asset Management LLC raised its holdings in Builders FirstSource by 21.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock valued at $78,000 after acquiring an additional 109 shares during the period. 95.53% of the stock is owned by institutional investors.

Builders FirstSource Stock Performance

NYSE BLDR opened at $128.67 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12. The firm has a market capitalization of $14.22 billion, a price-to-earnings ratio of 19.52, a P/E/G ratio of 14.30 and a beta of 1.62. The firm’s 50 day simple moving average is $133.79 and its 200 day simple moving average is $124.26. Builders FirstSource, Inc. has a 1 year low of $102.60 and a 1 year high of $201.53.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings results on Thursday, July 31st. The company reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $0.03. The business had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.29 billion. Builders FirstSource had a net margin of 4.74% and a return on equity of 24.61%. The firm’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter last year, the business posted $3.50 EPS. Builders FirstSource has set its FY 2025 guidance at EPS. As a group, research analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $134.00 price target on shares of Builders FirstSource in a report on Friday, August 1st. Wedbush reissued a “neutral” rating and issued a $145.00 price target on shares of Builders FirstSource in a report on Monday, September 15th. Stifel Nicolaus increased their price target on shares of Builders FirstSource from $118.00 to $128.00 and gave the company a “hold” rating in a report on Friday, August 1st. Wall Street Zen raised shares of Builders FirstSource from a “sell” rating to a “hold” rating in a report on Saturday, August 30th. Finally, Barclays lowered their price target on shares of Builders FirstSource from $137.00 to $135.00 and set an “overweight” rating on the stock in a report on Friday, August 1st. Eleven analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $151.50.

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.