Duality Advisers LP Has $3.19 Million Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Duality Advisers LP lowered its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 50.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,306 shares of the company’s stock after selling 15,323 shares during the quarter. Duality Advisers LP’s holdings in Builders FirstSource were worth $3,192,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in BLDR. Team Hewins LLC increased its stake in Builders FirstSource by 6.5% in the 1st quarter. Team Hewins LLC now owns 1,313 shares of the company’s stock valued at $274,000 after buying an additional 80 shares during the period. 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 worth $58,000 after acquiring an additional 81 shares in the last quarter. Congress Wealth Management LLC DE grew its position in Builders FirstSource by 1.4% in the fourth quarter. Congress Wealth Management LLC DE now owns 6,197 shares of the company’s stock worth $1,035,000 after acquiring an additional 85 shares in the last quarter. Quarry LP grew its position in Builders FirstSource by 49.7% in the fourth quarter. Quarry LP now owns 280 shares of the company’s stock worth $47,000 after acquiring an additional 93 shares in the last quarter. Finally, Czech National Bank grew its position in Builders FirstSource by 0.4% in the first quarter. Czech National Bank now owns 21,703 shares of the company’s stock worth $4,526,000 after acquiring an additional 93 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on BLDR. DA Davidson reissued a “neutral” rating and issued a $185.00 target price on shares of Builders FirstSource in a research report on Thursday, March 28th. Wedbush decreased their price objective on shares of Builders FirstSource from $215.00 to $175.00 and set an “outperform” rating for the company in a report on Tuesday, June 25th. StockNews.com raised shares of Builders FirstSource from a “hold” rating to a “buy” rating in a report on Thursday, June 27th. Truist Financial decreased their price objective on shares of Builders FirstSource from $190.00 to $180.00 and set a “hold” rating for the company in a report on Wednesday, May 8th. Finally, Jefferies Financial Group upped their price objective on shares of Builders FirstSource from $226.00 to $237.00 and gave the stock a “buy” rating in a report on Thursday, April 18th. Five investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $191.67.

Builders FirstSource Price Performance

Shares of Builders FirstSource stock traded up $7.37 during mid-day trading on Friday, reaching $154.26. 2,169,990 shares of the stock were exchanged, compared to its average volume of 1,587,262. The company has a market cap of $18.83 billion, a price-to-earnings ratio of 13.25, a price-to-earnings-growth ratio of 2.20 and a beta of 2.04. The company has a current ratio of 2.21, a quick ratio of 1.45 and a debt-to-equity ratio of 0.75. The firm has a 50-day simple moving average of $153.71 and a 200 day simple moving average of $174.18. Builders FirstSource, Inc. has a fifty-two week low of $105.24 and a fifty-two week high of $214.70.

Builders FirstSource (NYSE:BLDR) last announced its earnings results on Tuesday, May 7th. The company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.23. The business had revenue of $3.89 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Builders FirstSource had a net margin of 8.57% and a return on equity of 38.66%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the company posted $2.96 EPS. On average, sell-side analysts predict that Builders FirstSource, Inc. will post 12.93 EPS for the current fiscal year.

Insider Buying and Selling

In other Builders FirstSource news, insider Paul M. Mccrobie sold 9,118 shares of the firm’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $170.11, for a total value of $1,551,062.98. Following the completion of the sale, the insider now owns 22,667 shares in the company, valued at approximately $3,855,883.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Builders FirstSource news, insider Michael Hiller sold 4,875 shares of the firm’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $159.25, for a total value of $776,343.75. Following the completion of the sale, the insider now owns 30,106 shares in the company, valued at approximately $4,794,380.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paul M. Mccrobie sold 9,118 shares of the firm’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $170.11, for a total transaction of $1,551,062.98. Following the completion of the transaction, the insider now directly owns 22,667 shares in the company, valued at approximately $3,855,883.37. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by corporate insiders.

Builders FirstSource Company 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.