Thrivent Financial for Lutherans Acquires 56,923 Shares of Builders FirstSource, Inc. $BLDR

Thrivent Financial for Lutherans grew its holdings in Builders FirstSource, Inc. (NYSE:BLDR) by 1,248.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 61,483 shares of the company’s stock after buying an additional 56,923 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.06% of Builders FirstSource worth $7,455,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BLDR. TD Waterhouse Canada Inc. acquired a new stake in Builders FirstSource in the 3rd quarter valued at about $34,000. MUFG Securities EMEA plc bought a new stake in shares of Builders FirstSource during the second quarter valued at approximately $38,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Builders FirstSource in the second quarter valued at approximately $38,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Builders FirstSource in the third quarter valued at approximately $44,000. Finally, Root Financial Partners LLC bought a new position in Builders FirstSource in the 3rd quarter worth approximately $47,000. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Trading Down 3.0%

NYSE:BLDR opened at $120.04 on Friday. 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 1-year low of $94.35 and a 1-year high of $164.42. The firm has a market capitalization of $13.27 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 15.50 and a beta of 1.56. The business’s 50-day moving average price is $112.86 and its two-hundred day moving average price is $121.19.

Analysts Set New Price Targets

A number of research analysts have commented on the company. UBS Group decreased their price objective on Builders FirstSource from $166.00 to $143.00 and set a “buy” rating on the stock in a research report on Tuesday, January 6th. Stifel Nicolaus decreased their price target on Builders FirstSource from $124.00 to $115.00 and set a “hold” rating on the stock in a report on Tuesday, December 16th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Builders FirstSource in a research report on Wednesday, January 21st. Vertical Research assumed coverage on Builders FirstSource in a report on Monday, October 20th. They set a “sell” rating and a $109.41 price objective for the company. Finally, Loop Capital cut their target price on shares of Builders FirstSource from $145.00 to $140.00 in a research report on Friday, October 31st. Nine investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.