Jump Financial LLC Sells 21,705 Shares of Builders FirstSource, Inc. $BLDR

Jump Financial LLC lessened its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 88.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,959 shares of the company’s stock after selling 21,705 shares during the quarter. Jump Financial LLC’s holdings in Builders FirstSource were worth $370,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BLDR. Aptus Capital Advisors LLC grew its stake in shares of Builders FirstSource by 6.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 1,494 shares of the company’s stock worth $214,000 after buying an additional 85 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Builders FirstSource by 58.1% during the fourth quarter. Ameriprise Financial Inc. now owns 578,115 shares of the company’s stock worth $82,618,000 after buying an additional 212,394 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Builders FirstSource by 31.6% during the fourth quarter. BNP Paribas Financial Markets now owns 219,610 shares of the company’s stock worth $31,389,000 after buying an additional 52,742 shares during the last quarter. Benjamin Edwards Inc. grew its stake in shares of Builders FirstSource by 36.1% during the fourth quarter. Benjamin Edwards Inc. now owns 11,188 shares of the company’s stock worth $1,599,000 after buying an additional 2,967 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of Builders FirstSource by 2.3% during the fourth quarter. Baird Financial Group Inc. now owns 4,391 shares of the company’s stock worth $628,000 after buying an additional 98 shares during the last quarter. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Trading Down 0.8%

BLDR opened at $137.57 on Wednesday. Builders FirstSource, Inc. has a 1-year low of $102.60 and a 1-year high of $203.14. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12. The company has a market cap of $15.21 billion, a P/E ratio of 20.87, a price-to-earnings-growth ratio of 14.69 and a beta of 1.61. The company has a fifty day moving average price of $131.61 and a two-hundred day moving average price of $124.91.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings results on Thursday, July 31st. The company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.35 by $0.03. Builders FirstSource had a net margin of 4.74% and a return on equity of 24.61%. The firm had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.29 billion. During the same period in the previous year, the firm posted $3.50 earnings per share. The business’s revenue was down 5.0% compared to the same quarter last year. Builders FirstSource has set its FY 2025 guidance at EPS. Analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on BLDR shares. Baird R W lowered shares of Builders FirstSource from a “strong-buy” rating to a “hold” rating in a report on Friday, August 1st. DA Davidson cut their price target on shares of Builders FirstSource from $135.00 to $125.00 and set a “neutral” rating on the stock in a report on Monday, August 4th. Robert W. Baird lowered shares of Builders FirstSource from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $145.00 to $130.00 in a report on Friday, August 1st. Zelman & Associates restated an “underperform” rating on shares of Builders FirstSource in a report on Friday, July 18th. Finally, Royal Bank Of Canada lowered shares of Builders FirstSource from an “outperform” rating to a “sector perform” rating and dropped their target price for the company from $132.00 to $129.00 in a report on Friday, August 1st. Eleven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $154.44.

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.