UBS Group AG Purchases 127,560 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

UBS Group AG boosted its holdings in Builders FirstSource, Inc. (NYSE:BLDR – Get Rating) by 220.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 185,489 shares of the company’s stock after buying an additional 127,560 shares during the period. UBS Group AG’s holdings in Builders FirstSource were worth $12,035,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. WASHINGTON TRUST Co boosted its position in shares of Builders FirstSource by 6.8% during the fourth quarter. WASHINGTON TRUST Co now owns 2,624 shares of the company’s stock valued at $170,000 after buying an additional 166 shares during the last quarter. SummerHaven Investment Management LLC boosted its holdings in shares of Builders FirstSource by 1.4% during the 4th quarter. SummerHaven Investment Management LLC now owns 12,414 shares of the company’s stock valued at $805,000 after acquiring an additional 176 shares during the last quarter. Lmcg Investments LLC grew its stake in shares of Builders FirstSource by 1.4% in the third quarter. Lmcg Investments LLC now owns 13,753 shares of the company’s stock worth $810,000 after acquiring an additional 189 shares during the period. CWM LLC raised its holdings in shares of Builders FirstSource by 9.8% during the fourth quarter. CWM LLC now owns 2,273 shares of the company’s stock valued at $147,000 after purchasing an additional 203 shares during the last quarter. Finally, United Capital Financial Advisers LLC lifted its position in Builders FirstSource by 6.1% during the first quarter. United Capital Financial Advisers LLC now owns 4,643 shares of the company’s stock valued at $300,000 after purchasing an additional 268 shares during the period. Institutional investors own 94.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BLDR shares. Zelman & Associates upgraded shares of Builders FirstSource from a “hold” rating to a “buy” rating in a research note on Monday, May 8th. B. Riley boosted their price target on Builders FirstSource from $70.00 to $77.00 in a research note on Wednesday, March 1st. StockNews.com started coverage on shares of Builders FirstSource in a research note on Thursday. They issued a “buy” rating on the stock. Robert W. Baird lowered shares of Builders FirstSource from an “outperform” rating to a “neutral” rating and set a $96.00 target price for the company. in a research report on Thursday, May 4th. Finally, BMO Capital Markets lifted their price target on shares of Builders FirstSource from $92.00 to $100.00 in a research note on Friday, May 5th. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $111.42.

Insider Transactions at Builders FirstSource

In related news, insider Michael Alan Farmer sold 12,500 shares of the firm’s stock in a transaction on Friday, May 5th. The shares were sold at an average price of $108.97, for a total value of $1,362,125.00. Following the completion of the transaction, the insider now directly owns 62,122 shares of the company’s stock, valued at $6,769,434.34. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.40% of the company’s stock.

Builders FirstSource Price Performance

BLDR stock opened at $120.24 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.83. The company’s fifty day moving average price is $96.28 and its 200-day moving average price is $81.68. Builders FirstSource, Inc. has a one year low of $48.91 and a one year high of $122.99. The company has a market capitalization of $15.41 billion, a PE ratio of 7.76 and a beta of 1.98.

Builders FirstSource (NYSE:BLDR – Get Rating) last announced its quarterly earnings results on Wednesday, May 3rd. The company reported $2.96 EPS for the quarter, topping the consensus estimate of $1.63 by $1.33. Builders FirstSource had a net margin of 11.68% and a return on equity of 55.42%. The business had revenue of $3.88 billion for the quarter, compared to analysts’ expectations of $3.57 billion. During the same quarter in the previous year, the company earned $3.90 EPS. The business’s quarterly revenue was down 31.6% compared to the same quarter last year. On average, equities analysts anticipate that Builders FirstSource, Inc. will post 9.28 EPS for the current fiscal 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.