TFB Advisors LLC Has $546,000 Stock Position in Builders FirstSource, Inc. (NYSE:BLDR)

TFB Advisors LLC grew its position in Builders FirstSource, Inc. (NYSE:BLDR) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,819 shares of the company’s stock after purchasing an additional 79 shares during the period. TFB Advisors LLC’s holdings in Builders FirstSource were worth $546,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BLDR. AMF Tjanstepension AB bought a new stake in Builders FirstSource in the third quarter worth approximately $1,471,000. CWM LLC boosted its holdings in Builders FirstSource by 100.2% in the third quarter. CWM LLC now owns 6,287 shares of the company’s stock worth $1,219,000 after purchasing an additional 3,146 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its position in Builders FirstSource by 256.6% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,102 shares of the company’s stock worth $214,000 after buying an additional 793 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in Builders FirstSource by 33.1% during the third quarter. Exchange Traded Concepts LLC now owns 10,580 shares of the company’s stock valued at $2,051,000 after buying an additional 2,633 shares in the last quarter. Finally, Armstrong Advisory Group Inc. bought a new position in Builders FirstSource during the third quarter valued at about $30,000. 95.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. StockNews.com lowered Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Oppenheimer reissued an “outperform” rating and issued a $225.00 price target on shares of Builders FirstSource in a research report on Tuesday, October 29th. Raymond James started coverage on shares of Builders FirstSource in a research note on Friday, January 17th. They issued an “outperform” rating and a $180.00 price objective for the company. Barclays dropped their target price on shares of Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Finally, DA Davidson raised their price target on Builders FirstSource from $169.00 to $175.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating, fourteen have issued 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 a consensus rating of “Moderate Buy” and an average price target of $205.71.

Builders FirstSource Trading Up 0.3 %

Shares of Builders FirstSource stock opened at $156.26 on Wednesday. The stock has a market cap of $17.98 billion, a P/E ratio of 15.26, a P/E/G ratio of 0.89 and a beta of 2.12. 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’s 50 day moving average is $158.22 and its 200-day moving average is $171.37.

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.