Dimensional Fund Advisors LP Has $232.28 Million Holdings in Builders FirstSource, Inc. $BLDR

Key Points

• Dimensional Fund Advisors cut its stake in Builders FirstSource by 12.7% in Q3, selling 278,358 shares and now holds 1,915,904 shares — about 1.73% of the company worth roughly $232.28 million.
• In the latest quarter BLDR reported $1.12 EPS (missing the $1.30 consensus) and revenue fell 12.1% year‑over‑year to $3.36 billion; the stock recently traded near $93.18 with a market cap of $10.31 billion.
• Analysts are mixed—ten Buy, nine Hold, four Sell—with a MarketBeat consensus rating of "Hold" and a consensus price target of $127.81.

Dimensional Fund Advisors LP decreased its position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 12.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,915,904 shares of the company's stock after selling 278,358 shares during the quarter. Dimensional Fund Advisors LP owned about 1.73% of Builders FirstSource worth $232,279,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. TD Waterhouse Canada Inc. acquired a new position in Builders FirstSource during the third quarter worth $34,000. MUFG Securities EMEA plc acquired a new position in shares of Builders FirstSource during the second quarter valued at about $38,000. CYBER HORNET ETFs LLC bought a new stake in shares of Builders FirstSource during the second quarter worth about $38,000. IMA Advisory Services Inc. increased its position in shares of Builders FirstSource by 40.9% during the third quarter. IMA Advisory Services Inc. now owns 355 shares of the company's stock worth $43,000 after acquiring an additional 103 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Builders FirstSource in the 3rd quarter worth about $44,000. 95.53% of the stock is owned by institutional investors and hedge funds.

Builders FirstSource Trading Down 2.4%

Shares of BLDR stock opened at $93.18 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.16 and a current ratio of 1.86. The company has a market capitalization of $10.31 billion, a price-to-earnings ratio of 24.02, a PEG ratio of 2.25 and a beta of 1.56. Builders FirstSource, Inc. has a 52-week low of $89.72 and a 52-week high of $151.03. The company has a 50-day simple moving average of $114.14 and a two-hundred day simple moving average of $117.76.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its earnings results on Tuesday, February 17th. The company reported $1.12 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.18). Builders FirstSource had a return on equity of 17.89% and a net margin of 2.87%.The firm had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $3.46 billion. During the same period in the prior year, the business earned $2.31 EPS. Builders FirstSource's quarterly revenue was down 12.1% compared to the same quarter last year. Research analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Analyst Ratings Changes

BLDR has been the topic of several recent research reports. Robert W. Baird dropped their price target on shares of Builders FirstSource from $135.00 to $125.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 18th. Benchmark decreased their price objective on Builders FirstSource from $142.00 to $138.00 and set a "buy" rating for the company in a report on Friday, February 20th. Weiss Ratings reissued a "hold (c-)" rating on shares of Builders FirstSource in a research note on Wednesday, January 21st. DA Davidson dropped their target price on Builders FirstSource from $115.00 to $111.00 and set a "neutral" rating on the stock in a report on Monday, February 2nd. Finally, Barclays decreased their price target on Builders FirstSource from $136.00 to $124.00 and set an "overweight" rating for the company in a report on Friday, February 20th. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $127.81.

Builders FirstSource Company Profile

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company's core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.