Larson Financial Group LLC Has $145,000 Stock Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Larson Financial Group LLC increased its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 77.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 871 shares of the company’s stock after purchasing an additional 380 shares during the period. Larson Financial Group LLC’s holdings in Builders FirstSource were worth $145,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in BLDR. Invesco Ltd. boosted its position in shares of Builders FirstSource by 80.8% during the 3rd quarter. Invesco Ltd. now owns 1,956,109 shares of the company’s stock worth $243,516,000 after acquiring an additional 874,268 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in shares of Builders FirstSource by 30,560.2% during the 3rd quarter. Qube Research & Technologies Ltd now owns 558,322 shares of the company’s stock worth $69,506,000 after acquiring an additional 556,501 shares in the last quarter. Jupiter Asset Management Ltd. boosted its position in shares of Builders FirstSource by 678.1% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 493,071 shares of the company’s stock worth $61,382,000 after acquiring an additional 429,699 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Builders FirstSource by 19.5% during the 3rd quarter. AQR Capital Management LLC now owns 1,573,870 shares of the company’s stock worth $195,931,000 after acquiring an additional 256,609 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC lifted its stake in Builders FirstSource by 834.6% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 282,811 shares of the company’s stock valued at $35,207,000 after purchasing an additional 252,551 shares during the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on BLDR shares. Wedbush increased their price objective on shares of Builders FirstSource from $175.00 to $225.00 and gave the company an “outperform” rating in a research note on Monday, February 12th. Bank of America raised shares of Builders FirstSource from a “neutral” rating to a “buy” rating and increased their price objective for the company from $153.00 to $200.00 in a research note on Monday, January 29th. Royal Bank of Canada increased their price objective on shares of Builders FirstSource from $186.00 to $211.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Jefferies Financial Group increased their price objective on shares of Builders FirstSource from $226.00 to $237.00 and gave the company a “buy” rating in a research note on Thursday, April 18th. Finally, Oppenheimer increased their price objective on shares of Builders FirstSource from $220.00 to $242.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $190.06.

Insiders Place Their Bets

In other Builders FirstSource news, Director Cory Jacobs Boydston sold 7,759 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $200.00, for a total value of $1,551,800.00. Following the completion of the sale, the director now directly owns 28,738 shares in the company, valued at $5,747,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.90% of the company’s stock.

Builders FirstSource Trading Down 0.3 %

BLDR opened at $186.68 on Thursday. Builders FirstSource, Inc. has a twelve month low of $90.10 and a twelve month high of $214.70. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 0.67. The company has a fifty day moving average of $195.22 and a 200-day moving average of $164.28. The stock has a market cap of $22.76 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.16 and a beta of 2.04.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $3.55 EPS for the quarter, topping analysts’ consensus estimates of $2.70 by $0.85. The business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.01 billion. Builders FirstSource had a net margin of 9.01% and a return on equity of 41.10%. On average, sell-side analysts predict that Builders FirstSource, Inc. will post 13.83 EPS for the current year.

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.