Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $3.15 Million Position in Builders FirstSource, Inc. (NYSE:BLDR)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its stake in shares of Builders FirstSource, Inc. (NYSE:BLDRFree Report) by 59.1% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 25,320 shares of the company’s stock after selling 36,635 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Builders FirstSource were worth $3,152,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in BLDR. BluePath Capital Management LLC acquired a new position in shares of Builders FirstSource during the third quarter valued at about $31,000. Bessemer Group Inc. raised its position in shares of Builders FirstSource by 93.6% during the second quarter. Bessemer Group Inc. now owns 242 shares of the company’s stock valued at $33,000 after buying an additional 117 shares during the last quarter. PSI Advisors LLC raised its position in shares of Builders FirstSource by 57.1% during the third quarter. PSI Advisors LLC now owns 275 shares of the company’s stock valued at $34,000 after buying an additional 100 shares during the last quarter. Huntington National Bank raised its position in shares of Builders FirstSource by 138.8% during the third quarter. Huntington National Bank now owns 277 shares of the company’s stock valued at $34,000 after buying an additional 161 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its position in shares of Builders FirstSource by 135.3% during the fourth quarter. Advisors Asset Management Inc. now owns 706 shares of the company’s stock valued at $46,000 after buying an additional 406 shares during the last quarter. Institutional investors and hedge funds own 94.73% of the company’s stock.

Insider Activity

In other news, insider Michael Alan Farmer sold 3,318 shares of the stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $145.64, for a total transaction of $483,233.52. Following the sale, the insider now directly owns 60,660 shares of the company’s stock, valued at $8,834,522.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is owned by insiders.

Analysts Set New Price Targets

BLDR has been the subject of several recent research reports. StockNews.com lowered shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. Royal Bank of Canada dropped their price target on shares of Builders FirstSource from $188.00 to $152.00 and set an “outperform” rating for the company in a research report on Thursday, November 2nd. Stifel Nicolaus increased their price target on shares of Builders FirstSource from $184.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, December 19th. Barclays increased their price target on shares of Builders FirstSource from $175.00 to $195.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 13th. Finally, BMO Capital Markets increased their price target on shares of Builders FirstSource from $135.00 to $150.00 and gave the stock a “market perform” rating in a research report on Thursday, December 7th. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $172.87.

Read Our Latest Stock Analysis on BLDR

Builders FirstSource Price Performance

BLDR opened at $187.26 on Tuesday. Builders FirstSource, Inc. has a one year low of $76.69 and a one year high of $188.55. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.76 and a quick ratio of 1.11. The company’s 50 day simple moving average is $166.74 and its 200-day simple moving average is $143.12. The stock has a market capitalization of $23.10 billion, a P/E ratio of 15.90 and a beta of 2.04.

Builders FirstSource Company Profile

(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, steel roof 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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