SG Americas Securities LLC Has $4.16 Million Stock Holdings in Builders FirstSource, Inc. $BLDR

SG Americas Securities LLC decreased its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 55.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 50,534 shares of the company’s stock after selling 61,929 shares during the period. SG Americas Securities LLC’s holdings in Builders FirstSource were worth $4,160,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd lifted its position in Builders FirstSource by 167.1% during the third quarter. Caitong International Asset Management Co. Ltd now owns 211 shares of the company’s stock worth $26,000 after acquiring an additional 132 shares during the last quarter. Cromwell Holdings LLC increased its stake in shares of Builders FirstSource by 1,323.5% during the fourth quarter. Cromwell Holdings LLC now owns 242 shares of the company’s stock worth $25,000 after purchasing an additional 225 shares during the period. CYBER HORNET ETFs LLC bought a new position in shares of Builders FirstSource during the second quarter worth approximately $38,000. MUFG Securities EMEA plc acquired a new stake in Builders FirstSource during the 2nd quarter worth approximately $38,000. Finally, Transamerica Financial Advisors LLC boosted its stake in Builders FirstSource by 90.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 369 shares of the company’s stock valued at $38,000 after purchasing an additional 175 shares during the period. 95.53% of the stock is owned by institutional investors.

Analysts Set New Price Targets

BLDR has been the topic of a number of research reports. Loop Capital decreased their price objective on Builders FirstSource from $140.00 to $110.00 in a report on Friday, May 1st. Wolfe Research raised shares of Builders FirstSource to a “hold” rating in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Builders FirstSource from $102.00 to $81.00 and set a “hold” rating on the stock in a research note on Monday, May 4th. DA Davidson dropped their price objective on shares of Builders FirstSource from $111.00 to $84.00 and set a “neutral” rating for the company in a research note on Friday, May 1st. Finally, Royal Bank Of Canada cut their price objective on shares of Builders FirstSource from $110.00 to $107.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Nine investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $101.88.

Builders FirstSource Stock Performance

NYSE:BLDR opened at $90.45 on Tuesday. The stock has a fifty day moving average price of $78.98 and a 200-day moving average price of $94.94. The company has a market cap of $9.73 billion, a price-to-earnings ratio of 34.65, a PEG ratio of 2.14 and a beta of 1.45. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.09 and a current ratio of 1.76. Builders FirstSource, Inc. has a fifty-two week low of $65.10 and a fifty-two week high of $151.03.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.12). The company had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.17 billion. Builders FirstSource had a return on equity of 14.89% and a net margin of 1.97%.The firm’s revenue for the quarter was down 10.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.51 EPS. As a group, equities analysts anticipate that Builders FirstSource, Inc. will post 4.26 EPS for the current fiscal year.

Builders FirstSource declared that its board has approved a stock repurchase plan on Thursday, April 30th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Builders FirstSource Profile

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.