Oakworth Capital Inc. Grows Stake in Builders FirstSource, Inc. (NYSE:BLDR)

Oakworth Capital Inc. boosted its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 0.6% during the 4th quarter, HoldingsChannel reports. The firm owned 212,582 shares of the company’s stock after buying an additional 1,323 shares during the period. Builders FirstSource comprises about 2.1% of Oakworth Capital Inc.’s investment portfolio, making the stock its 16th largest holding. Oakworth Capital Inc.’s holdings in Builders FirstSource were worth $30,384,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in Builders FirstSource by 61.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 395 shares of the company’s stock valued at $55,000 after acquiring an additional 150 shares in the last quarter. AMF Tjanstepension AB acquired a new stake in shares of Builders FirstSource in the 3rd quarter worth $1,471,000. Park Avenue Securities LLC boosted its position in shares of Builders FirstSource by 9.1% in the 3rd quarter. Park Avenue Securities LLC now owns 4,156 shares of the company’s stock worth $806,000 after purchasing an additional 347 shares in the last quarter. Czech National Bank boosted its position in shares of Builders FirstSource by 2.0% in the 3rd quarter. Czech National Bank now owns 23,722 shares of the company’s stock worth $4,599,000 after purchasing an additional 462 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Builders FirstSource by 10.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,060 shares of the company’s stock worth $205,000 after purchasing an additional 98 shares in the last quarter. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on BLDR shares. Raymond James started coverage on Builders FirstSource in a research note on Friday, January 17th. They issued an “outperform” rating and a $180.00 target price for the company. UBS Group started coverage on Builders FirstSource in a research note on Friday, October 25th. They issued a “buy” rating and a $232.00 target price for the company. Stephens raised their target price on Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. StockNews.com lowered Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Finally, Wedbush reiterated an “outperform” rating and set a $230.00 price objective on shares of Builders FirstSource in a research note on Wednesday, December 18th. Four analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $205.71.

Builders FirstSource Trading Down 0.7 %

Shares of Builders FirstSource stock opened at $162.32 on Thursday. The stock has a market cap of $18.68 billion, a P/E ratio of 15.85, a P/E/G ratio of 0.92 and a beta of 2.12. The stock’s 50 day simple moving average is $160.51 and its 200-day simple moving average is $171.43. Builders FirstSource, Inc. has a 1-year low of $130.75 and a 1-year high of $214.70. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.77 and a quick ratio of 1.16.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings data on Tuesday, November 5th. The company reported $3.07 EPS for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. The business had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.44 billion. During the same quarter in the prior year, the company posted $4.24 earnings per share. The company’s revenue was down 6.7% on a year-over-year basis. Analysts predict that Builders FirstSource, Inc. will post 11.52 EPS for the current fiscal year.

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.