Builders FirstSource, Inc. $BLDR Shares Bought by National Pension Service

National Pension Service grew its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 105.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,190 shares of the company’s stock after buying an additional 6,251 shares during the period. National Pension Service’s holdings in Builders FirstSource were worth $1,478,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Daiwa Securities Group Inc. increased its stake in Builders FirstSource by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 17,630 shares of the company’s stock worth $2,057,000 after acquiring an additional 78 shares during the last quarter. VestGen Advisors LLC grew its holdings in shares of Builders FirstSource by 4.6% during the 2nd quarter. VestGen Advisors LLC now owns 1,943 shares of the company’s stock worth $227,000 after purchasing an additional 86 shares during the period. Stephens Inc. AR increased its position in Builders FirstSource by 3.1% during the 2nd quarter. Stephens Inc. AR now owns 3,032 shares of the company’s stock worth $354,000 after purchasing an additional 90 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its holdings in Builders FirstSource by 0.8% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 16,858 shares of the company’s stock valued at $1,967,000 after buying an additional 131 shares during the period. Finally, CX Institutional lifted its position in Builders FirstSource by 15.8% during the third quarter. CX Institutional now owns 958 shares of the company’s stock valued at $116,000 after buying an additional 131 shares in the last quarter. 95.53% of the stock is owned by hedge funds and other institutional investors.

Builders FirstSource Stock Up 4.6%

Shares of NYSE:BLDR opened at $118.48 on Wednesday. The firm has a market cap of $13.10 billion, a PE ratio of 22.57, a price-to-earnings-growth ratio of 13.76 and a beta of 1.56. The company has a fifty day simple moving average of $112.46 and a 200 day simple moving average of $121.18. The company has a current ratio of 1.79, a quick ratio of 1.15 and a debt-to-equity ratio of 1.03. Builders FirstSource, Inc. has a 12-month low of $94.35 and a 12-month high of $165.70.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group increased their price objective on shares of Builders FirstSource from $110.00 to $112.00 and gave the stock a “hold” rating in a research report on Monday, January 26th. Wells Fargo & Company initiated coverage on Builders FirstSource in a report on Monday, November 17th. They issued an “equal weight” rating and a $115.00 price target for the company. Stifel Nicolaus reduced their price objective on Builders FirstSource from $124.00 to $115.00 and set a “hold” rating on the stock in a research note on Tuesday, December 16th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $111.00 target price on shares of Builders FirstSource in a research report on Friday, January 9th. Finally, Barclays raised their target price on Builders FirstSource from $123.00 to $136.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Nine investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $133.77.

About Builders FirstSource

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.