Banco Bilbao Vizcaya Argentaria S.A. Trims Position in Builders FirstSource, Inc. $BLDR

Banco Bilbao Vizcaya Argentaria S.A. decreased its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 3.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,106 shares of the company’s stock after selling 1,591 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Builders FirstSource were worth $6,079,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BLDR. Stephens Inc. AR boosted its holdings in Builders FirstSource by 42.5% in the 1st quarter. Stephens Inc. AR now owns 2,942 shares of the company’s stock valued at $368,000 after purchasing an additional 877 shares during the last quarter. Signaturefd LLC raised its position in shares of Builders FirstSource by 14.2% during the 1st quarter. Signaturefd LLC now owns 1,582 shares of the company’s stock valued at $198,000 after buying an additional 197 shares during the period. Larson Financial Group LLC lifted its holdings in Builders FirstSource by 18.1% in the first quarter. Larson Financial Group LLC now owns 2,313 shares of the company’s stock valued at $289,000 after acquiring an additional 354 shares during the last quarter. South Dakota Investment Council grew its position in Builders FirstSource by 22.5% in the first quarter. South Dakota Investment Council now owns 13,625 shares of the company’s stock worth $1,702,000 after acquiring an additional 2,500 shares during the period. Finally, AustralianSuper Pty Ltd grew its position in Builders FirstSource by 136.2% in the first quarter. AustralianSuper Pty Ltd now owns 304,972 shares of the company’s stock worth $38,103,000 after acquiring an additional 175,854 shares during the period. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BLDR has been the topic of a number of research analyst reports. Wedbush restated a “neutral” rating and issued a $145.00 target price on shares of Builders FirstSource in a research report on Monday, September 15th. Deutsche Bank Aktiengesellschaft cut their price objective on Builders FirstSource from $134.00 to $131.00 and set a “hold” rating for the company in a research report on Monday, November 3rd. Vertical Research started coverage on shares of Builders FirstSource in a research report on Monday, October 20th. They issued a “sell” rating and a $109.41 target price on the stock. Robert W. Baird set a $135.00 price target on shares of Builders FirstSource in a research report on Friday, October 31st. Finally, Loop Capital reduced their price target on shares of Builders FirstSource from $145.00 to $140.00 in a research note on Friday, October 31st. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $138.13.

Builders FirstSource Stock Performance

NYSE BLDR opened at $103.25 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.79 and a quick ratio of 1.08. The company has a market cap of $11.42 billion, a P/E ratio of 15.67, a P/E/G ratio of 12.90 and a beta of 1.60. The stock has a 50-day moving average of $122.76 and a two-hundred day moving average of $123.43. Builders FirstSource, Inc. has a 1-year low of $102.60 and a 1-year high of $194.36.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.69 by $0.19. The business had revenue of $3.94 billion during the quarter, compared to analyst estimates of $3.86 billion. Builders FirstSource had a net margin of 4.74% and a return on equity of 24.61%. The business’s revenue for the quarter was down 6.9% compared to the same quarter last year. During the same quarter last year, the firm posted $3.07 earnings per share. Builders FirstSource has set its FY 2025 guidance at EPS. As a group, analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

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.