Mitsubishi UFJ Asset Management Co. Ltd. Sells 1,090 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Mitsubishi UFJ Asset Management Co. Ltd. lowered its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 178,378 shares of the company’s stock after selling 1,090 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.16% of Builders FirstSource worth $25,692,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. HighTower Advisors LLC grew its position in shares of Builders FirstSource by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock valued at $4,296,000 after acquiring an additional 64 shares during the period. Meiji Yasuda Asset Management Co Ltd. grew its holdings in Builders FirstSource by 3.4% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,943 shares of the company’s stock valued at $278,000 after purchasing an additional 64 shares during the period. Integrated Investment Consultants LLC increased its position in Builders FirstSource by 0.4% in the fourth quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock worth $2,145,000 after buying an additional 65 shares during the last quarter. TFB Advisors LLC raised its stake in shares of Builders FirstSource by 2.1% in the fourth quarter. TFB Advisors LLC now owns 3,819 shares of the company’s stock valued at $546,000 after buying an additional 79 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Builders FirstSource by 2.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 3,835 shares of the company’s stock valued at $548,000 after buying an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Wall Street Analyst Weigh In

BLDR has been the topic of a number of research reports. BMO Capital Markets lowered their price objective on Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating on the stock in a research note on Monday, February 24th. Wedbush reissued an “outperform” rating and issued a $230.00 price target on shares of Builders FirstSource in a research report on Wednesday, December 18th. StockNews.com lowered shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Loop Capital dropped their target price on Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a research report on Monday, February 24th. Finally, Stifel Nicolaus cut their price target on Builders FirstSource from $175.00 to $156.00 and set a “buy” rating for the company in a report on Monday, February 24th. Five research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Builders FirstSource presently has an average rating of “Moderate Buy” and an average price target of $190.72.

Builders FirstSource Stock Performance

Builders FirstSource stock opened at $124.53 on Monday. Builders FirstSource, Inc. has a fifty-two week low of $122.49 and a fifty-two week high of $210.00. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.77. The stock has a market cap of $14.15 billion, a P/E ratio of 13.75, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19. The firm’s fifty day moving average price is $145.58 and its 200-day moving average price is $164.53.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Thursday, February 20th. The company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.18 by $0.13. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. The business had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.90 billion. On average, equities research analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

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.