Fuller & Thaler Asset Management Inc. Has $17.36 Million Stock Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Fuller & Thaler Asset Management Inc. raised its position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 20.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,465 shares of the company's stock after acquiring an additional 20,242 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 0.11% of Builders FirstSource worth $17,361,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Smartleaf Asset Management LLC raised its position in Builders FirstSource by 34.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 518 shares of the company's stock valued at $74,000 after purchasing an additional 134 shares during the period. Mountain Lake Investment Management LLC boosted its stake in Builders FirstSource by 7.0% during the fourth quarter. Mountain Lake Investment Management LLC now owns 36,367 shares of the company's stock worth $5,201,000 after buying an additional 2,367 shares during the period. Fisher Asset Management LLC raised its stake in shares of Builders FirstSource by 14.9% in the 4th quarter. Fisher Asset Management LLC now owns 196,491 shares of the company's stock valued at $28,084,000 after acquiring an additional 25,535 shares during the period. Fiera Capital Corp acquired a new position in shares of Builders FirstSource in the 4th quarter worth approximately $27,089,000. Finally, Lecap Asset Management Ltd. increased its holdings in Builders FirstSource by 82.6% in the 4th quarter. Lecap Asset Management Ltd. now owns 22,043 shares of the company's stock valued at $3,151,000 after purchasing an additional 9,970 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company's stock.

Builders FirstSource Trading Down 1.3 %

Shares of BLDR stock traded down $1.51 on Wednesday, reaching $118.73. 373,197 shares of the stock were exchanged, compared to its average volume of 1,679,620. The stock has a 50 day moving average price of $126.24 and a 200 day moving average price of $152.81. The stock has a market cap of $13.50 billion, a PE ratio of 13.10, a P/E/G ratio of 0.80 and a beta of 1.99. Builders FirstSource, Inc. has a one year low of $110.84 and a one year high of $203.14. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.16.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its quarterly earnings results 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. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. The business had revenue of $3.82 billion for the quarter, compared to analyst estimates of $3.90 billion. Equities research analysts forecast that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on BLDR shares. Barclays reduced their price objective on Builders FirstSource from $165.00 to $151.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Builders FirstSource in a report on Tuesday, April 1st. They issued a "buy" rating and a $151.00 target price on the stock. Truist Financial lowered their price target on shares of Builders FirstSource from $220.00 to $180.00 and set a "buy" rating for the company in a report on Friday, February 21st. Loop Capital reduced their price objective on shares of Builders FirstSource from $190.00 to $170.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Royal Bank of Canada decreased their price target on Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating for the company in a report on Friday, February 21st. Six 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 data from MarketBeat, Builders FirstSource presently has a consensus rating of "Moderate Buy" and an average target price of $185.21.

Builders FirstSource Company 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.