Metis Global Partners LLC Has $1.07 Million Stake in Builders FirstSource, Inc. (NYSE:BLDR)

Metis Global Partners LLC lifted its position in Builders FirstSource, Inc. (NYSE:BLDR) by 44.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,398 shares of the company’s stock after purchasing an additional 1,962 shares during the quarter. Metis Global Partners LLC’s holdings in Builders FirstSource were worth $1,068,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Private Trust Co. NA grew its position in Builders FirstSource by 30.7% in the fourth quarter. Private Trust Co. NA now owns 345 shares of the company’s stock valued at $58,000 after acquiring an additional 81 shares during the period. V Square Quantitative Management LLC boosted its holdings in Builders FirstSource by 10.2% in the third quarter. V Square Quantitative Management LLC now owns 915 shares of the company’s stock valued at $114,000 after acquiring an additional 85 shares during the last quarter. Mezzasalma Advisors LLC boosted its holdings in Builders FirstSource by 0.6% in the third quarter. Mezzasalma Advisors LLC now owns 14,715 shares of the company’s stock valued at $1,832,000 after acquiring an additional 90 shares during the last quarter. iA Global Asset Management Inc. boosted its holdings in Builders FirstSource by 2.9% in the third quarter. iA Global Asset Management Inc. now owns 3,391 shares of the company’s stock valued at $422,000 after acquiring an additional 97 shares during the last quarter. Finally, Financial Enhancement Group LLC boosted its holdings in Builders FirstSource by 2.5% in the fourth quarter. Financial Enhancement Group LLC now owns 4,101 shares of the company’s stock valued at $675,000 after acquiring an additional 99 shares during the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Stock Up 0.5 %

BLDR stock opened at $163.46 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 0.67. The business has a 50 day moving average price of $194.49 and a two-hundred day moving average price of $169.12. The company has a market cap of $19.94 billion, a price-to-earnings ratio of 13.63, a P/E/G ratio of 1.22 and a beta of 2.08. Builders FirstSource, Inc. has a twelve month low of $105.24 and a twelve month high of $214.70.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings results on Tuesday, May 7th. The company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.23. The firm had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.83 billion. Builders FirstSource had a return on equity of 41.10% and a net margin of 9.01%. The business’s revenue was up .2% compared to the same quarter last year. During the same period last year, the company earned $2.96 earnings per share. Analysts anticipate that Builders FirstSource, Inc. will post 13.83 EPS for the current fiscal year.

Insider Transactions at Builders FirstSource

In other news, Director Cory Jacobs Boydston sold 7,759 shares of Builders FirstSource stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $200.00, for a total transaction of $1,551,800.00. Following the completion of the transaction, the director now directly owns 28,738 shares in the company, valued at approximately $5,747,600. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.90% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on BLDR shares. Truist Financial decreased their price target on Builders FirstSource from $190.00 to $180.00 and set a “hold” rating on the stock in a report on Wednesday. Jefferies Financial Group increased their target price on Builders FirstSource from $226.00 to $237.00 and gave the company a “buy” rating in a research note on Thursday, April 18th. Royal Bank of Canada increased their target price on Builders FirstSource from $186.00 to $211.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Barclays cut their target price on Builders FirstSource from $240.00 to $200.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, StockNews.com raised Builders FirstSource from a “hold” rating to a “buy” rating in a research note on Wednesday, February 21st. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, Builders FirstSource currently has a consensus rating of “Moderate Buy” and an average price target of $196.27.

Builders FirstSource Profile

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.