Fjarde AP Fonden Fourth Swedish National Pension Fund Has $1.93 Million Stake in Builders FirstSource, Inc. (NYSE:BLDR)

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its position in Builders FirstSource, Inc. (NYSE:BLDR) by 36.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,500 shares of the company’s stock after selling 7,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Builders FirstSource were worth $1,930,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. First Horizon Advisors Inc. grew its position in shares of Builders FirstSource by 36.0% in the fourth quarter. First Horizon Advisors Inc. now owns 635 shares of the company’s stock valued at $91,000 after purchasing an additional 168 shares during the last quarter. Deseret Mutual Benefit Administrators grew its position in shares of Builders FirstSource by 22.5% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,123 shares of the company’s stock valued at $161,000 after purchasing an additional 206 shares during the last quarter. Paradigm Asset Management Co. LLC grew its position in Builders FirstSource by 355.0% during the fourth quarter. Paradigm Asset Management Co. LLC now owns 9,100 shares of the company’s stock worth $1,301,000 after buying an additional 7,100 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in Builders FirstSource during the fourth quarter worth approximately $224,000. Finally, Ieq Capital LLC grew its position in Builders FirstSource by 13.8% during the fourth quarter. Ieq Capital LLC now owns 3,704 shares of the company’s stock worth $529,000 after buying an additional 449 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Stock Up 1.0 %

Shares of NYSE:BLDR opened at $142.20 on Thursday. The firm has a market cap of $16.16 billion, a P/E ratio of 15.70, a P/E/G ratio of 0.80 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 0.86. Builders FirstSource, Inc. has a 12-month low of $130.75 and a 12-month high of $214.70. The business has a fifty day simple moving average of $153.19 and a 200 day simple moving average of $170.35.

Builders FirstSource (NYSE:BLDR) last announced its earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.13. The business had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.90 billion. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. Analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on BLDR shares. Barclays reduced their price target on Builders FirstSource from $188.00 to $165.00 and set an “overweight” rating on the stock in a research report on Monday. The Goldman Sachs Group reduced their price target on Builders FirstSource from $200.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. DA Davidson increased their price target on Builders FirstSource from $169.00 to $175.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Stephens increased their price target on Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, Loop Capital reduced their price target on Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a research report on Monday. Five investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $190.72.

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.