Builders FirstSource, Inc. (NYSE:BLDR) Shares Purchased by Headlands Technologies LLC

Headlands Technologies LLC lifted its holdings in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 208.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,942 shares of the company's stock after purchasing an additional 4,015 shares during the quarter. Headlands Technologies LLC's holdings in Builders FirstSource were worth $992,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Private Trust Co. NA lifted its position in Builders FirstSource by 30.7% during the 4th quarter. Private Trust Co. NA now owns 345 shares of the company's stock worth $58,000 after acquiring an additional 81 shares during the period. V Square Quantitative Management LLC raised its stake in shares of Builders FirstSource by 10.2% during the 3rd quarter. V Square Quantitative Management LLC now owns 915 shares of the company's stock valued at $114,000 after buying an additional 85 shares during the last quarter. Mezzasalma Advisors LLC raised its stake in shares of Builders FirstSource by 0.6% during the 3rd quarter. Mezzasalma Advisors LLC now owns 14,715 shares of the company's stock valued at $1,832,000 after buying an additional 90 shares during the last quarter. iA Global Asset Management Inc. raised its stake in shares of Builders FirstSource by 2.9% during the 3rd quarter. iA Global Asset Management Inc. now owns 3,391 shares of the company's stock valued at $422,000 after buying an additional 97 shares during the last quarter. Finally, Financial Enhancement Group LLC raised its stake in shares of Builders FirstSource by 2.5% during the 4th quarter. Financial Enhancement Group LLC now owns 4,101 shares of the company's stock valued at $675,000 after buying an additional 99 shares during the last quarter. Institutional investors and hedge funds own 95.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on BLDR shares. Wedbush lifted their price objective on Builders FirstSource from $175.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, February 12th. Barclays lifted their price objective on Builders FirstSource from $235.00 to $240.00 and gave the company an "overweight" rating in a research note on Thursday, April 4th. Royal Bank of Canada lifted their price objective on Builders FirstSource from $186.00 to $211.00 and gave the company an "outperform" rating in a research note on Friday, February 23rd. Oppenheimer lifted their price objective on Builders FirstSource from $220.00 to $242.00 and gave the company an "outperform" rating in a research note on Friday, February 23rd. Finally, StockNews.com upgraded Builders FirstSource from a "hold" rating to a "buy" rating in a research note on Wednesday, February 21st. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Builders FirstSource currently has an average rating of "Moderate Buy" and a consensus price target of $190.06.

Insider Transactions at Builders FirstSource

In other news, Director Cory Jacobs Boydston sold 7,759 shares of the business's stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $200.00, for a total transaction of $1,551,800.00. Following the transaction, the director now directly owns 28,738 shares in the company, valued at approximately $5,747,600. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.90% of the company's stock.

Builders FirstSource Price Performance

NYSE:BLDR traded up $2.40 during trading hours on Friday, hitting $187.66. 826,159 shares of the stock were exchanged, compared to its average volume of 1,181,218. Builders FirstSource, Inc. has a 52-week low of $90.35 and a 52-week high of $214.70. The firm's fifty day moving average price is $195.26 and its 200 day moving average price is $165.35. The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 0.67. The company has a market cap of $22.88 billion, a P/E ratio of 15.65, a P/E/G ratio of 1.16 and a beta of 2.04.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $3.55 EPS for the quarter, topping the consensus estimate of $2.70 by $0.85. The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.01 billion. Builders FirstSource had a return on equity of 41.10% and a net margin of 9.01%. As a group, equities research analysts anticipate that Builders FirstSource, Inc. will post 13.83 EPS for the current fiscal year.

About Builders FirstSource

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.