Several institutional investors have recently adjusted their shares in Builders FirstSource (BLDR). Vanguard Personalized Indexing Management LLC increased its shares by 0.7% to 10,240, valued at approximately $1.4 million. First Horizon Advisors Inc. raised its stake by 42.1% to 253 shares, worth around $35,000. Team Hewins LLC increased their holdings by 6.5%, owning 1,313 shares valued at $274,000. Csenge Advisory Group raised its position by 1.9%, owning 4,252 shares worth $589,000. Centaurus Financial Inc. raised its stake by 9.1%, now holding 991 shares valued at $137,000. Overall, 95.53% of the stock is owned by institutional investors.
Wall Street Analysts’ Insights
BLDR has received mixed analyst ratings. Barclays lowered its target price from $188 to $182, maintaining an “overweight” rating. Jefferies set a “buy” rating with a new target of $185, down from $205. Stifel Nicolaus reduced its price target from $217 to $195, still rating it as a buy. Bank of America raised its target from $165 to $198, giving it a “neutral” rating. StockNews.com upgraded its rating from “hold” to “buy.” Currently, four analysts say hold, thirteen recommend buying, and one recommends a strong buy. The average rating is “Moderate Buy” with a consensus price target of $190.
Get Our Latest Analysis on Builders FirstSource
Stock Performance
Builders FirstSource shares opened at $195.22 with a market cap of $23.83 billion. The company has a P/E ratio of 16.71 and a beta of 2.06. It recently reported $3.50 EPS, exceeding estimates by $0.48. Revenues were $4.46 billion, slightly under expectations. The company also announced a $1 billion stock buyback plan, indicating the board believes the stock is undervalued.
Insider Activity
Director Craig Arthur Steinke sold 30,000 shares at an average of $153.68, totaling about $4.61 million. Post-sale, he holds 95,333 shares valued at $14.65 million. Insiders own 1.80% of the stock.
Company Overview
Builders FirstSource manufactures and supplies building materials and services for homebuilders and contractors across the U.S. Their product range includes lumber, engineered wood products, windows, and custom components.
Explore More
- Five stocks we like better than Builders FirstSource
- Understanding Analyst Ratings
- 3 Dividend Stocks With Yields Over 5%
- How to Use MarketRank™
- Dine Brands’ Transformation Plan
- Importance of Compound Interest
- S&P 500 Hitting Resistance: Best Upside Stocks
Receive Daily News & Ratings for Builders FirstSource
`
