Czech National Bank Has $3.57 Million Position in Builders FirstSource, Inc. (NYSE:BLDR)

Czech National Bank increased its stake in shares of Builders FirstSource, Inc. (NYSE:BLDRFree Report) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,953 shares of the company’s stock after buying an additional 1,231 shares during the quarter. Czech National Bank’s holdings in Builders FirstSource were worth $3,567,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new stake in Builders FirstSource during the third quarter worth approximately $28,000. Armstrong Advisory Group Inc. bought a new stake in Builders FirstSource during the third quarter worth $30,000. Reston Wealth Management LLC bought a new stake in Builders FirstSource during the third quarter worth $39,000. Brown Brothers Harriman & Co. bought a new stake in Builders FirstSource during the third quarter worth $46,000. Finally, Friedenthal Financial bought a new stake in Builders FirstSource during the third quarter worth $50,000. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Stock Up 4.6 %

Shares of NYSE:BLDR opened at $161.37 on Thursday. The firm has a market cap of $18.57 billion, a P/E ratio of 15.76, a P/E/G ratio of 0.96 and a beta of 2.11. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83. Builders FirstSource, Inc. has a 12-month low of $130.75 and a 12-month high of $214.70. The business has a fifty day simple moving average of $164.64 and a 200 day simple moving average of $169.15.

Builders FirstSource (NYSE:BLDRGet Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $3.07 earnings per share for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Builders FirstSource had a return on equity of 33.55% and a net margin of 7.40%. The business had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.44 billion. During the same quarter in the previous year, the business posted $4.24 earnings per share. The business’s revenue was down 6.7% on a year-over-year basis. Analysts predict that Builders FirstSource, Inc. will post 11.55 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on BLDR shares. Barclays upped their target price on Builders FirstSource from $182.00 to $211.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 9th. Royal Bank of Canada upped their target price on Builders FirstSource from $178.00 to $187.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Oppenheimer reiterated an “outperform” rating and issued a $225.00 price target on shares of Builders FirstSource in a research note on Tuesday, October 29th. UBS Group started coverage on Builders FirstSource in a research note on Friday, October 25th. They issued a “buy” rating and a $232.00 price target for the company. Finally, Wedbush reiterated an “outperform” rating and issued a $230.00 price target on shares of Builders FirstSource in a research note on Wednesday, December 18th. Four analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Builders FirstSource has an average rating of “Moderate Buy” and a consensus price target of $208.75.

Get Our Latest Analysis on Builders FirstSource

Insiders Place Their Bets

In other Builders FirstSource news, Director Cleveland A. Christophe sold 10,000 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $178.41, for a total transaction of $1,784,100.00. Following the completion of the sale, the director now directly owns 33,083 shares in the company, valued at approximately $5,902,338.03. This trade represents a 23.21 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.80% of the company’s stock.

About Builders FirstSource

(Free Report)

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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Institutional Ownership by Quarter for Builders FirstSource (NYSE:BLDR)

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