3,617 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Acquired by Oxford Asset Management LLP

Oxford Asset Management LLP acquired a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,617 shares of the company's stock, valued at approximately $517,000.

A number of other large investors have also recently made changes to their positions in the stock. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Builders FirstSource during the 4th quarter valued at about $33,000. SBI Securities Co. Ltd. acquired a new stake in Builders FirstSource during the fourth quarter worth about $34,000. Avion Wealth grew its holdings in Builders FirstSource by 728.6% during the fourth quarter. Avion Wealth now owns 348 shares of the company's stock worth $49,000 after acquiring an additional 306 shares during the period. Mather Group LLC. grew its holdings in Builders FirstSource by 91.2% during the fourth quarter. Mather Group LLC. now owns 497 shares of the company's stock worth $71,000 after acquiring an additional 237 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in Builders FirstSource by 34.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 518 shares of the company's stock worth $74,000 after acquiring an additional 134 shares during the period. 95.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BLDR has been the topic of several analyst reports. Benchmark dropped their target price on Builders FirstSource from $200.00 to $170.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Truist Financial dropped their target price on Builders FirstSource from $220.00 to $180.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Loop Capital dropped their target price on Builders FirstSource from $190.00 to $170.00 and set a "buy" rating on the stock in a report on Monday, April 14th. BMO Capital Markets dropped their target price on Builders FirstSource from $175.00 to $168.00 and set a "market perform" rating on the stock in a report on Monday, February 24th. Finally, Raymond James reaffirmed an "outperform" rating and set a $170.00 target price (down from $180.00) on shares of Builders FirstSource in a report on Friday, February 21st. Six research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Builders FirstSource presently has a consensus rating of "Moderate Buy" and an average target price of $185.21.

Builders FirstSource Price Performance

Shares of NYSE BLDR traded down $0.96 during midday trading on Wednesday, hitting $119.28. The stock had a trading volume of 1,975,065 shares, compared to its average volume of 1,688,480. The company has a market capitalization of $13.57 billion, a PE ratio of 13.17, a P/E/G ratio of 0.80 and a beta of 1.99. The stock has a 50 day simple moving average of $125.88 and a 200-day simple moving average of $152.58. Builders FirstSource, Inc. has a 1 year low of $110.84 and a 1 year high of $203.14. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86.

Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $2.31 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 the consensus estimate of $3.90 billion. On average, sell-side analysts expect that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

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.