AustralianSuper Pty Ltd Sells 206,916 Shares of Builders FirstSource, Inc. $BLDR

AustralianSuper Pty Ltd lessened its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 49.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 213,561 shares of the company’s stock after selling 206,916 shares during the quarter. AustralianSuper Pty Ltd owned approximately 0.19% of Builders FirstSource worth $25,894,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Daiwa Securities Group Inc. boosted its position in Builders FirstSource by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 17,630 shares of the company’s stock worth $2,057,000 after purchasing an additional 78 shares during the period. VestGen Advisors LLC lifted its stake in shares of Builders FirstSource by 4.6% during the 2nd quarter. VestGen Advisors LLC now owns 1,943 shares of the company’s stock worth $227,000 after buying an additional 86 shares during the last quarter. Aprio Wealth Management LLC boosted its holdings in shares of Builders FirstSource by 2.7% during the 3rd quarter. Aprio Wealth Management LLC now owns 3,680 shares of the company’s stock worth $446,000 after buying an additional 98 shares during the period. IMA Advisory Services Inc. grew its stake in Builders FirstSource by 40.9% in the 3rd quarter. IMA Advisory Services Inc. now owns 355 shares of the company’s stock valued at $43,000 after buying an additional 103 shares during the last quarter. Finally, Stephens Inc. AR raised its holdings in Builders FirstSource by 3.9% in the 3rd quarter. Stephens Inc. AR now owns 3,149 shares of the company’s stock valued at $382,000 after acquiring an additional 117 shares during the period. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Price Performance

Shares of NYSE:BLDR opened at $97.52 on Wednesday. The company has a current ratio of 1.86, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $10.79 billion, a PE ratio of 25.13, a PEG ratio of 2.40 and a beta of 1.56. The firm has a 50 day moving average of $114.67 and a 200-day moving average of $118.52. Builders FirstSource, Inc. has a 12 month low of $94.17 and a 12 month high of $151.03.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $1.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.18). Builders FirstSource had a net margin of 2.87% and a return on equity of 17.89%. The firm had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same period last year, the business earned $2.31 earnings per share. The business’s revenue was down 12.1% compared to the same quarter last year. On average, equities research analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BLDR has been the subject of a number of research analyst reports. UBS Group reduced their price objective on Builders FirstSource from $166.00 to $143.00 and set a “buy” rating for the company in a report on Tuesday, January 6th. Zacks Research downgraded Builders FirstSource from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft lowered their price objective on Builders FirstSource from $117.00 to $102.00 and set a “hold” rating on the stock in a research report on Monday, February 23rd. The Goldman Sachs Group dropped their target price on Builders FirstSource from $150.00 to $142.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Builders FirstSource in a research note on Wednesday, January 21st. Nine research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $127.39.

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.