Oregon Public Employees Retirement Fund Has $1.41 Million Position in Builders FirstSource, Inc. (NYSE:BLDR)

Oregon Public Employees Retirement Fund reduced its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,888 shares of the company’s stock after selling 100 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Builders FirstSource were worth $1,413,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. World Equity Group Inc. raised its stake in Builders FirstSource by 4.1% during the third quarter. World Equity Group Inc. now owns 1,632 shares of the company’s stock worth $316,000 after acquiring an additional 64 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Builders FirstSource by 0.3% in the third quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock valued at $4,296,000 after buying an additional 64 shares in the last quarter. Integrated Investment Consultants LLC increased its stake in shares of Builders FirstSource by 0.4% in the fourth quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock valued at $2,145,000 after buying an additional 65 shares in the last quarter. TFB Advisors LLC increased 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 in the last quarter. Finally, Private Trust Co. NA increased its stake in shares of Builders FirstSource by 14.6% in the third quarter. Private Trust Co. NA now owns 642 shares of the company’s stock valued at $124,000 after buying an additional 82 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Price Performance

Shares of BLDR opened at $139.03 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.86. Builders FirstSource, Inc. has a 1 year low of $130.75 and a 1 year high of $214.70. The stock has a market cap of $15.80 billion, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 0.80 and a beta of 2.12. The stock’s 50-day moving average price is $153.05 and its two-hundred day moving average price is $170.13.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.90 billion. On average, equities analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BLDR has been the subject of a number of research reports. Raymond James restated an “outperform” rating and issued a $170.00 target price (down from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. Benchmark lowered their target price on Builders FirstSource from $200.00 to $170.00 and set a “buy” rating for the company in a research note on Friday, February 21st. The Goldman Sachs Group lowered their target price on Builders FirstSource from $200.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, February 21st. StockNews.com cut Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Finally, Truist Financial decreased their price target on Builders FirstSource from $220.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Five equities 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 company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $190.72.

Builders FirstSource 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.