Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. lowered its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,539 shares of the company’s stock after selling 590 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Builders FirstSource were worth $792,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of BLDR. Norges Bank acquired a new stake in Builders FirstSource during the 4th quarter worth $199,890,000. FMR LLC increased its position in shares of Builders FirstSource by 7.3% during the fourth quarter. FMR LLC now owns 10,898,366 shares of the company’s stock worth $1,557,703,000 after purchasing an additional 740,214 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of Builders FirstSource by 15,533.9% in the 4th quarter. Proficio Capital Partners LLC now owns 649,903 shares of the company’s stock valued at $92,891,000 after purchasing an additional 645,746 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its position in shares of Builders FirstSource by 47.2% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 1,943,439 shares of the company’s stock valued at $277,776,000 after purchasing an additional 623,583 shares during the period. Finally, Baillie Gifford & Co. grew its stake in Builders FirstSource by 20.7% during the 4th quarter. Baillie Gifford & Co. now owns 1,663,420 shares of the company’s stock worth $237,753,000 after buying an additional 285,458 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Performance

Shares of BLDR opened at $115.96 on Wednesday. The company has a market capitalization of $13.19 billion, a PE ratio of 12.80, a P/E/G ratio of 0.80 and a beta of 1.99. Builders FirstSource, Inc. has a 52-week low of $110.84 and a 52-week high of $203.14. The company has a 50-day simple moving average of $129.10 and a 200-day simple moving average of $155.34. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.18 by $0.13. The company had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.90 billion. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. Equities research analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BLDR has been the subject of several research analyst reports. Barclays decreased their price objective on Builders FirstSource from $165.00 to $151.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. Loop Capital decreased their price target on shares of Builders FirstSource from $190.00 to $170.00 and set a “buy” rating for the company in a research note on Monday, April 14th. BMO Capital Markets dropped their price objective on shares of Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating on the stock in a research note on Monday, February 24th. Benchmark decreased their target price on shares of Builders FirstSource from $200.00 to $170.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Finally, Raymond James restated an “outperform” rating and issued a $170.00 price target (down previously from $180.00) on shares of Builders FirstSource in a research report on Friday, February 21st. Five investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $186.84.

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.