Fiera Capital Corp Takes $27.09 Million Position in Builders FirstSource, Inc. (NYSE:BLDR)

Fiera Capital Corp purchased a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 189,524 shares of the company's stock, valued at approximately $27,089,000. Fiera Capital Corp owned about 0.16% of Builders FirstSource at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of BLDR. Cyndeo Wealth Partners LLC lifted its position in Builders FirstSource by 3.7% in the third quarter. Cyndeo Wealth Partners LLC now owns 1,571 shares of the company's stock valued at $305,000 after buying an additional 56 shares during the last quarter. World Equity Group Inc. lifted its position in Builders FirstSource by 4.1% in the third quarter. World Equity Group Inc. now owns 1,632 shares of the company's stock valued at $316,000 after buying an additional 64 shares during the last quarter. HighTower Advisors LLC lifted its position in Builders FirstSource by 0.3% in the third quarter. HighTower Advisors LLC now owns 22,100 shares of the company's stock valued at $4,296,000 after buying an additional 64 shares during the last quarter. Integrated Investment Consultants LLC lifted its position in Builders FirstSource by 0.4% in the fourth quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company's stock valued at $2,145,000 after buying an additional 65 shares during the last quarter. Finally, TFB Advisors LLC lifted its position in Builders FirstSource by 2.1% in the fourth quarter. TFB Advisors LLC now owns 3,819 shares of the company's stock valued at $546,000 after buying an additional 79 shares during the last quarter. Institutional investors and hedge funds own 95.53% of the company's stock.

Wall Street Analyst Weigh In

BLDR has been the topic of a number of recent research reports. Raymond James initiated coverage on shares of Builders FirstSource in a research note on Friday, January 17th. They set an "outperform" rating and a $180.00 price target on the stock. Wedbush reiterated an "outperform" rating and set a $230.00 price target on shares of Builders FirstSource in a research note on Wednesday, December 18th. StockNews.com lowered shares of Builders FirstSource from a "buy" rating to a "hold" rating in a research note on Monday, January 13th. Stephens boosted their price target on shares of Builders FirstSource from $178.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. Finally, Oppenheimer reiterated an "outperform" rating and set a $225.00 price target on shares of Builders FirstSource in a research note on Tuesday, October 29th. Four research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $205.71.

Builders FirstSource Stock Up 0.9 %

Builders FirstSource stock traded up $1.40 during mid-day trading on Friday, hitting $153.90. The company had a trading volume of 1,468,590 shares, compared to its average volume of 1,605,473. The stock has a market cap of $17.71 billion, a price-to-earnings ratio of 15.03, a PEG ratio of 0.89 and a beta of 2.12. Builders FirstSource, Inc. has a 1 year low of $130.75 and a 1 year high of $214.70. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83. The business has a fifty day moving average of $156.79 and a 200 day moving average of $171.00.

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.