75,323 Shares of Builders FirstSource, Inc. $BLDR Bought by Woodward Diversified Capital LLC

Woodward Diversified Capital LLC acquired a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 75,323 shares of the company’s stock, valued at approximately $4,294,000. Builders FirstSource makes up approximately 1.6% of Woodward Diversified Capital LLC’s holdings, making the stock its 13th largest position.

Other large investors have also recently bought and sold shares of the company. Essential Planning LLC. bought a new stake in shares of Builders FirstSource during the 3rd quarter worth approximately $148,000. Lmcg Investments LLC acquired a new stake in shares of Builders FirstSource during the 3rd quarter worth approximately $836,000. Shayne & Jacobs LLC bought a new position in Builders FirstSource in the third quarter valued at approximately $2,503,000. Obermeyer Wealth Partners bought a new position in Builders FirstSource in the third quarter valued at approximately $866,000. Finally, Diligent Investors LLC bought a new position in Builders FirstSource in the third quarter valued at approximately $948,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on the stock. Stifel Nicolaus set a $65.00 price objective on shares of Builders FirstSource in a research report on Friday, September 18th. UBS Group set a $85.00 target price on Builders FirstSource in a report on Thursday, October 1st. Citigroup reiterated a “market perform” rating on shares of Builders FirstSource in a research note on Thursday, October 8th. Truist Financial lowered their price target on Builders FirstSource from $90.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, October 8th. Finally, DA Davidson set a $68.00 price objective on Builders FirstSource in a research report on Friday, July 31st. Eight research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $82.25.

Builders FirstSource Trading Down 0.8%

BLDR opened at $53.51 on Thursday. The company’s 50 day moving average is $60.92 and its 200-day moving average is $72.06. Builders FirstSource, Inc. has a 1-year low of $49.67 and a 1-year high of $131.50. The company has a current ratio of 1.79, a quick ratio of 1.09 and a debt-to-equity ratio of 1.14. The company has a market cap of $5.76 billion, a P/E ratio of 58.80, a PEG ratio of 1.76 and a beta of 1.45.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.08). The company had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.91 billion. Builders FirstSource had a net margin of 0.71% and a return on equity of 11.73%. The company’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same period last year, the firm posted $2.38 earnings per share. Equities research analysts predict that Builders FirstSource, Inc. will post 3.13 earnings per share for the current fiscal year.

Builders FirstSource Company Profile

Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.