Builders FirstSource, Inc. (NYSE:BLDR) Stock Holdings Boosted by Larson Financial Group LLC

Larson Financial Group LLC raised its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 77.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 871 shares of the company’s stock after purchasing an additional 380 shares during the quarter. Larson Financial Group LLC’s holdings in Builders FirstSource were worth $145,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Invesco Ltd. boosted its stake in shares of Builders FirstSource by 80.8% during the 3rd quarter. Invesco Ltd. now owns 1,956,109 shares of the company’s stock worth $243,516,000 after acquiring an additional 874,268 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Builders FirstSource by 30,560.2% during the 3rd quarter. Qube Research & Technologies Ltd now owns 558,322 shares of the company’s stock worth $69,506,000 after acquiring an additional 556,501 shares in the last quarter. Jupiter Asset Management Ltd. boosted its stake in shares of Builders FirstSource by 678.1% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 493,071 shares of the company’s stock worth $61,382,000 after acquiring an additional 429,699 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Builders FirstSource by 19.5% during the 3rd quarter. AQR Capital Management LLC now owns 1,573,870 shares of the company’s stock worth $195,931,000 after acquiring an additional 256,609 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC boosted its stake in shares of Builders FirstSource by 834.6% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 282,811 shares of the company’s stock worth $35,207,000 after acquiring an additional 252,551 shares in the last quarter. 95.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on BLDR. StockNews.com upgraded Builders FirstSource from a “hold” rating to a “buy” rating in a report on Wednesday, February 21st. Oppenheimer increased their target price on Builders FirstSource from $220.00 to $242.00 and gave the company an “outperform” rating in a report on Friday, February 23rd. Wedbush increased their target price on Builders FirstSource from $175.00 to $225.00 and gave the company an “outperform” rating in a report on Monday, February 12th. Bank of America upgraded Builders FirstSource from a “neutral” rating to a “buy” rating and increased their target price for the company from $153.00 to $200.00 in a report on Monday, January 29th. Finally, Jefferies Financial Group increased their price objective on Builders FirstSource from $226.00 to $237.00 and gave the stock a “buy” rating in a report on Thursday, April 18th. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $190.06.

Builders FirstSource Trading Down 0.3 %

Builders FirstSource stock opened at $186.68 on Thursday. The company has a market capitalization of $22.76 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 1.16 and a beta of 2.04. The company’s fifty day moving average price is $195.22 and its two-hundred day moving average price is $164.28. Builders FirstSource, Inc. has a one year low of $90.10 and a one year high of $214.70. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.77 and a quick ratio of 1.11.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings results on Thursday, February 22nd. The company reported $3.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.85. Builders FirstSource had a return on equity of 41.10% and a net margin of 9.01%. The company had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.01 billion. On average, analysts forecast that Builders FirstSource, Inc. will post 13.83 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Cory Jacobs Boydston sold 7,759 shares of Builders FirstSource stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $200.00, for a total transaction of $1,551,800.00. Following the sale, the director now directly owns 28,738 shares of the company’s stock, valued at $5,747,600. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.90% of the stock is owned by company insiders.

About Builders FirstSource

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.