Mitsubishi UFJ Trust & Banking Corp Has $19.21 Million Stock Position in Builders FirstSource, Inc. $BLDR

Mitsubishi UFJ Trust & Banking Corp reduced its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 14.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 158,398 shares of the company’s stock after selling 26,602 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Builders FirstSource were worth $19,206,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. CYBER HORNET ETFs LLC acquired a new position in Builders FirstSource during the second quarter worth $38,000. MUFG Securities EMEA plc acquired a new stake in Builders FirstSource in the 2nd quarter valued at $38,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Builders FirstSource during the 3rd quarter worth about $44,000. Root Financial Partners LLC acquired a new position in shares of Builders FirstSource during the 3rd quarter worth about $47,000. Finally, Mather Group LLC. acquired a new position in shares of Builders FirstSource during the 3rd quarter worth about $48,000. Institutional investors own 95.53% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on BLDR shares. Deutsche Bank Aktiengesellschaft lowered their target price on Builders FirstSource from $134.00 to $131.00 and set a “hold” rating on the stock in a research report on Monday, November 3rd. The Goldman Sachs Group boosted their price target on Builders FirstSource from $146.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Stephens reiterated an “equal weight” rating and set a $137.00 price objective on shares of Builders FirstSource in a research note on Tuesday, January 20th. DA Davidson cut their price objective on Builders FirstSource from $125.00 to $115.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Finally, UBS Group lowered their target price on shares of Builders FirstSource from $166.00 to $143.00 and set a “buy” rating on the stock in a report on Tuesday, January 6th. Nine analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $133.97.

Builders FirstSource Stock Performance

BLDR opened at $119.26 on Tuesday. The company has a quick ratio of 1.15, a current ratio of 1.79 and a debt-to-equity ratio of 1.03. Builders FirstSource, Inc. has a 12-month low of $94.35 and a 12-month high of $175.12. The business has a 50 day moving average of $110.55 and a 200-day moving average of $121.68. The stock has a market cap of $13.19 billion, a price-to-earnings ratio of 22.72, a PEG ratio of 14.87 and a beta of 1.57.

Builders FirstSource (NYSE:BLDR) last posted its earnings results on Thursday, October 30th. The company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.19. Builders FirstSource had a return on equity of 21.28% and a net margin of 3.79%.The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.86 billion. During the same period in the previous year, the firm earned $3.07 EPS. The firm’s revenue was down 6.9% compared to the same quarter last year. On average, equities research analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

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.