Yousif Capital Management LLC Decreases Stake in Builders FirstSource, Inc. (NYSE:BLDR)

Yousif Capital Management LLC lowered its position in Builders FirstSource, Inc. (NYSE:BLDR – Get Rating) by 5.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 77,056 shares of the company’s stock after selling 4,198 shares during the period. Yousif Capital Management LLC’s holdings in Builders FirstSource were worth $4,999,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of BLDR. Goodwin Investment Advisory purchased a new position in shares of Builders FirstSource during the 2nd quarter worth $27,000. Banque Cantonale Vaudoise purchased a new position in shares of Builders FirstSource during the 3rd quarter worth $36,000. Ronald Blue Trust Inc. purchased a new position in shares of Builders FirstSource during the 2nd quarter worth $42,000. Zions Bancorporation N.A. purchased a new position in shares of Builders FirstSource during the 1st quarter worth $55,000. Finally, EMC Capital Management raised its holdings in shares of Builders FirstSource by 15.2% during the 2nd quarter. EMC Capital Management now owns 1,181 shares of the company’s stock worth $63,000 after acquiring an additional 156 shares during the period. Hedge funds and other institutional investors own 94.71% of the company’s stock.

Analyst Ratings Changes

BLDR has been the topic of several analyst reports. DA Davidson lifted their price target on Builders FirstSource from $68.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday, March 1st. Truist Financial boosted their price objective on shares of Builders FirstSource from $85.00 to $97.00 in a report on Wednesday, March 1st. Stifel Nicolaus reduced their price objective on shares of Builders FirstSource from $92.00 to $82.00 and set a “buy” rating on the stock in a report on Monday, December 19th. Robert W. Baird boosted their price objective on shares of Builders FirstSource from $80.00 to $96.00 and gave the company an “outperform” rating in a report on Wednesday, March 1st. Finally, BMO Capital Markets lowered shares of Builders FirstSource from an “outperform” rating to a “market perform” rating and boosted their price objective for the company from $80.00 to $92.00 in a report on Wednesday, March 1st. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Builders FirstSource currently has a consensus rating of “Moderate Buy” and an average target price of $89.77.

Builders FirstSource Stock Performance

NYSE BLDR opened at $80.09 on Friday. The company has a market cap of $11.05 billion, a P/E ratio of 4.81 and a beta of 1.98. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.90 and a quick ratio of 1.12. The stock has a 50-day moving average of $78.95 and a two-hundred day moving average of $67.67. Builders FirstSource, Inc. has a 1-year low of $48.91 and a 1-year high of $90.21.

Builders FirstSource (NYSE:BLDR – Get Rating) last released its earnings results on Tuesday, February 28th. The company reported $3.21 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.84. The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.25 billion. Builders FirstSource had a return on equity of 59.80% and a net margin of 12.10%. Builders FirstSource’s revenue was down 6.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.78 EPS. As a group, analysts anticipate that Builders FirstSource, Inc. will post 7.14 EPS for the current year.

About Builders FirstSource

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Builders FirstSource, Inc engages in the supply and manufacture of building materials, manufactured components and construction services to professional homebuilders, subcontractors, remodelers and consumers. Its products include factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood.