Vontobel Holding Ltd. decreased its position in shares of Builders FirstSource, Inc. (NYSE:BLDR – Free Report) by 26.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,751 shares of the company’s stock after selling 641 shares during the quarter. Vontobel Holding Ltd.’s holdings in Builders FirstSource were worth $250,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of BLDR. AMF Tjanstepension AB bought a new stake in shares of Builders FirstSource during the 3rd quarter valued at $1,471,000. Creative Planning increased its position in shares of Builders FirstSource by 35.6% in the 3rd quarter. Creative Planning now owns 12,963 shares of the company’s stock valued at $2,513,000 after buying an additional 3,406 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of Builders FirstSource in the 3rd quarter valued at $539,000. Signaturefd LLC increased its position in shares of Builders FirstSource by 34.4% in the 3rd quarter. Signaturefd LLC now owns 1,580 shares of the company’s stock valued at $306,000 after buying an additional 404 shares in the last quarter. Finally, Greenleaf Trust increased its position in shares of Builders FirstSource by 6.3% in the 3rd quarter. Greenleaf Trust now owns 1,639 shares of the company’s stock valued at $318,000 after buying an additional 97 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.
Builders FirstSource Trading Down 5.0 %
NYSE:BLDR opened at $137.14 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.77 and a quick ratio of 1.16. The firm has a market capitalization of $15.78 billion, a P/E ratio of 13.39, a PEG ratio of 0.81 and a beta of 2.12. Builders FirstSource, Inc. has a one year low of $130.75 and a one year high of $214.70. The company’s 50-day simple moving average is $154.21 and its 200 day simple moving average is $170.52.
Wall Street Analyst Weigh In
A number of research firms recently commented on BLDR. Wedbush restated an “outperform” rating and issued a $230.00 price objective on shares of Builders FirstSource in a research report on Wednesday, December 18th. Raymond James reiterated an “outperform” rating and set a $170.00 target price (down previously from $180.00) on shares of Builders FirstSource in a report on Friday. StockNews.com cut Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Benchmark reduced their price objective 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. Finally, Oppenheimer reiterated an “outperform” rating and issued a $225.00 target price on shares of Builders FirstSource in a research note on Tuesday, October 29th. Four equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Builders FirstSource currently has an average rating of “Moderate Buy” and a consensus target price of $196.88.
View Our Latest Stock Analysis on Builders FirstSource
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.
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