Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Crown Advisors Management Inc.

Crown Advisors Management Inc. decreased its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 25.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,000 shares of the company’s stock after selling 10,000 shares during the quarter. Builders FirstSource comprises about 2.8% of Crown Advisors Management Inc.’s investment portfolio, making the stock its 14th largest holding. Crown Advisors Management Inc.’s holdings in Builders FirstSource were worth $4,287,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC boosted its holdings in shares of Builders FirstSource by 0.3% during the third 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. Integrated Investment Consultants LLC boosted its holdings in shares of Builders FirstSource by 0.4% during the fourth quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock valued at $2,145,000 after acquiring an additional 65 shares during the period. TFB Advisors LLC boosted its holdings in shares of Builders FirstSource by 2.1% during the fourth quarter. TFB Advisors LLC now owns 3,819 shares of the company’s stock valued at $546,000 after acquiring an additional 79 shares during the period. Private Trust Co. NA boosted its holdings in shares of Builders FirstSource by 14.6% during the third quarter. Private Trust Co. NA now owns 642 shares of the company’s stock valued at $124,000 after acquiring an additional 82 shares during the period. Finally, Harbor Capital Advisors Inc. raised its stake in shares of Builders FirstSource by 2.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,835 shares of the company’s stock valued at $548,000 after purchasing an additional 92 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Price Performance

NYSE BLDR opened at $127.79 on Wednesday. The stock’s 50-day moving average price is $149.31 and its two-hundred day moving average price is $166.83. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.86. The company has a market cap of $14.52 billion, a PE ratio of 14.11, a PEG ratio of 0.80 and a beta of 2.19. Builders FirstSource, Inc. has a 1 year low of $122.49 and a 1 year high of $214.70.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings data on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.13. The firm had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.90 billion. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. On average, analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Raymond James restated an “outperform” rating and set a $170.00 price objective (down from $180.00) on shares of Builders FirstSource in a research note on Friday, February 21st. BMO Capital Markets cut their price objective on shares of 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. Loop Capital cut their price objective on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. Benchmark cut their price objective on shares of Builders FirstSource from $200.00 to $170.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Finally, Truist Financial cut their price objective on shares of Builders FirstSource from $220.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Five investment 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $190.72.

About Builders FirstSource

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.