680,366 Shares in Builders FirstSource, Inc. $BLDR Bought by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD acquired a new position in Builders FirstSource, Inc. (NYSE:BLDR) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 680,366 shares of the company’s stock, valued at approximately $38,788,000.

Other institutional investors have also recently bought and sold shares of the company. Clark Wealth Partners acquired a new position in Builders FirstSource during the 3rd quarter worth $27,000. PFS Partners LLC bought a new position in Builders FirstSource in the 3rd quarter valued at $28,000. Sunbelt Securities Inc. increased its stake in shares of Builders FirstSource by 508.5% in the 1st quarter. Sunbelt Securities Inc. now owns 359 shares of the company’s stock valued at $30,000 after buying an additional 300 shares during the period. Root Financial Partners LLC increased its stake in shares of Builders FirstSource by 43.6% in the 1st quarter. Root Financial Partners LLC now owns 372 shares of the company’s stock valued at $31,000 after buying an additional 113 shares during the period. Finally, Sunrise Financial Services LLC bought a new stake in shares of Builders FirstSource during the third quarter worth $32,000. Institutional investors own 95.53% of the company’s stock.

Analyst Ratings Changes

BLDR has been the topic of several research reports. Truist Financial cut their price target on Builders FirstSource from $90.00 to $70.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. Stifel Nicolaus set a $65.00 price target on Builders FirstSource in a report on Friday, September 18th. Oppenheimer lowered their price objective on Builders FirstSource from $90.00 to $78.00 and set an “outperform” rating for the company in a research report on Friday, October 16th. Robert W. Baird set a $75.00 price objective on Builders FirstSource in a report on Friday, July 31st. Finally, UBS Group set a $85.00 target price on shares of Builders FirstSource in a research report on Thursday, October 1st. 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’s stock. According to MarketBeat.com, Builders FirstSource presently has an average rating of “Hold” and an average price target of $82.25.

Builders FirstSource Trading Down 1.1%

BLDR opened at $56.88 on Friday. The firm’s fifty day moving average is $60.29 and its two-hundred day moving average is $71.80. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.09 and a current ratio of 1.79. The firm has a market cap of $6.12 billion, a PE ratio of 62.51, a price-to-earnings-growth ratio of 1.89 and a beta of 1.45. Builders FirstSource, Inc. has a twelve month low of $49.67 and a twelve month high of $131.50.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.17 earnings per share for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.08). Builders FirstSource had a return on equity of 11.73% and a net margin of 0.71%. The firm had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the prior year, the business earned $2.38 earnings per share. The company’s revenue for the quarter was down 8.8% compared to the same quarter last year. Equities research analysts anticipate that Builders FirstSource, Inc. will post 3.07 EPS for the current 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.