International Assets Investment Management LLC Purchases Shares of 132,383 Builders FirstSource, Inc. (NYSE:BLDR)

International Assets Investment Management LLC bought a new stake in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 132,383 shares of the company's stock, valued at approximately $221,000,000. Builders FirstSource accounts for about 0.7% of International Assets Investment Management LLC's portfolio, making the stock its 14th largest holding. International Assets Investment Management LLC owned 0.11% of Builders FirstSource as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. DekaBank Deutsche Girozentrale increased its position in Builders FirstSource by 18.5% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 58,353 shares of the company's stock valued at $9,515,000 after acquiring an additional 9,122 shares during the period. FCF Advisors LLC raised its holdings in Builders FirstSource by 81.9% during the fourth quarter. FCF Advisors LLC now owns 21,038 shares of the company's stock worth $3,512,000 after purchasing an additional 9,470 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in Builders FirstSource by 13.3% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 52,312 shares of the company's stock worth $6,512,000 after purchasing an additional 6,155 shares during the period. Vanguard Group Inc. boosted its stake in Builders FirstSource by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 12,682,752 shares of the company's stock valued at $1,578,876,000 after purchasing an additional 96,638 shares in the last quarter. Finally, Czech National Bank acquired a new position in shares of Builders FirstSource during the 4th quarter valued at $3,608,000. 95.53% of the stock is owned by institutional investors.

Insider Transactions at Builders FirstSource

In other news, Director Cory Jacobs Boydston sold 7,759 shares of Builders FirstSource stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $200.00, for a total transaction of $1,551,800.00. Following the completion of the sale, the director now owns 28,738 shares in the company, valued at approximately $5,747,600. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.90% of the stock is currently owned by corporate insiders.

Builders FirstSource Price Performance

BLDR stock traded up $7.07 during trading on Friday, hitting $195.81. 1,808,417 shares of the stock traded hands, compared to its average volume of 1,241,088. The stock has a market cap of $23.88 billion, a price-to-earnings ratio of 16.33, a P/E/G ratio of 1.14 and a beta of 2.08. Builders FirstSource, Inc. has a one year low of $105.24 and a one year high of $214.70. 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 50 day simple moving average of $195.49 and a 200 day simple moving average of $167.41.

Builders FirstSource (NYSE:BLDR - Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The company reported $3.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.70 by $0.85. Builders FirstSource had a return on equity of 41.10% and a net margin of 9.01%. The business had revenue of $4.15 billion during the quarter, compared to analysts' expectations of $4.01 billion. Equities analysts expect that Builders FirstSource, Inc. will post 13.83 EPS for the current fiscal year.

Analysts Set New Price Targets

BLDR has been the subject of a number of research analyst reports. Jefferies Financial Group increased their price target on shares of Builders FirstSource from $226.00 to $237.00 and gave the stock a "buy" rating in a research report on Thursday, April 18th. Royal Bank of Canada upped their target price on Builders FirstSource from $186.00 to $211.00 and gave the stock an "outperform" rating in a research report on Friday, February 23rd. DA Davidson reissued a "neutral" rating and issued a $185.00 price target on shares of Builders FirstSource in a research note on Thursday, March 28th. Wedbush raised their target price on Builders FirstSource from $175.00 to $225.00 and gave the company an "outperform" rating in a report on Monday, February 12th. Finally, Barclays upped their price target on Builders FirstSource from $235.00 to $240.00 and gave the stock an "overweight" rating in a research note on Thursday, April 4th. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $190.06.

Builders FirstSource 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.