National Pension Service Sells 26,800 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

National Pension Service lessened its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 13.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 167,799 shares of the company’s stock after selling 26,800 shares during the period. National Pension Service owned approximately 0.15% of Builders FirstSource worth $23,984,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in BLDR. World Equity Group Inc. grew its holdings in Builders FirstSource by 4.1% in the third quarter. World Equity Group Inc. now owns 1,632 shares of the company’s stock worth $316,000 after purchasing an additional 64 shares during the period. HighTower Advisors LLC grew its holdings in Builders FirstSource by 0.3% in the third quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock worth $4,296,000 after purchasing an additional 64 shares during the period. Integrated Investment Consultants LLC grew its holdings in Builders FirstSource by 0.4% in the fourth quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock worth $2,145,000 after purchasing an additional 65 shares during the period. TFB Advisors LLC grew its holdings in Builders FirstSource by 2.1% in the fourth quarter. TFB Advisors LLC now owns 3,819 shares of the company’s stock worth $546,000 after purchasing an additional 79 shares during the period. Finally, Private Trust Co. NA grew its holdings in Builders FirstSource by 14.6% in the third quarter. Private Trust Co. NA now owns 642 shares of the company’s stock worth $124,000 after purchasing an additional 82 shares during the period. Institutional investors own 95.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on BLDR shares. Wedbush restated an “outperform” rating and issued a $230.00 price target on shares of Builders FirstSource in a report on Wednesday, December 18th. Barclays reduced their price objective on shares of Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating for the company in a report on Monday, February 24th. The Goldman Sachs Group reduced their price objective on shares of Builders FirstSource from $200.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 21st. Stephens lifted their price objective on shares of Builders FirstSource from $178.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Finally, DA Davidson lifted their price objective on shares of Builders FirstSource from $169.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Five equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Builders FirstSource has a consensus rating of “Moderate Buy” and a consensus target price of $190.72.

Builders FirstSource Stock Performance

Shares of BLDR stock opened at $139.03 on Friday. The firm has a market cap of $15.80 billion, a price-to-earnings ratio of 15.35, a P/E/G ratio of 0.80 and a beta of 2.12. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.77. Builders FirstSource, Inc. has a 52 week low of $130.75 and a 52 week high of $214.70. The firm’s 50-day simple moving average is $152.82 and its two-hundred day simple moving average is $170.03.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.18 by $0.13. The business had revenue of $3.82 billion for the quarter, compared to analyst estimates of $3.90 billion. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. As a group, equities analysts forecast that Builders FirstSource, Inc. will post 11.59 earnings per share for the current 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.