Achmea Investment Management B.V. Has $13.19 Million Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Achmea Investment Management B.V. reduced its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 9.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,251 shares of the company's stock after selling 9,989 shares during the quarter. Achmea Investment Management B.V. owned about 0.08% of Builders FirstSource worth $13,185,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vestcor Inc grew its stake in shares of Builders FirstSource by 11.6% in the fourth quarter. Vestcor Inc now owns 8,904 shares of the company's stock worth $1,273,000 after purchasing an additional 928 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in shares of Builders FirstSource by 243.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 5,428 shares of the company's stock worth $776,000 after purchasing an additional 3,848 shares in the last quarter. Truvestments Capital LLC grew its stake in shares of Builders FirstSource by 22.0% in the fourth quarter. Truvestments Capital LLC now owns 7,567 shares of the company's stock worth $1,082,000 after purchasing an additional 1,366 shares in the last quarter. PFG Advisors grew its stake in shares of Builders FirstSource by 17.5% in the fourth quarter. PFG Advisors now owns 3,855 shares of the company's stock worth $551,000 after purchasing an additional 575 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Builders FirstSource by 7.2% in the fourth quarter. HighTower Advisors LLC now owns 23,688 shares of the company's stock worth $3,386,000 after purchasing an additional 1,588 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors.

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Builders FirstSource Stock Down 0.3 %

NYSE:BLDR traded down $0.36 during trading hours on Tuesday, hitting $127.79. 1,306,947 shares of the company's stock traded hands, compared to its average volume of 1,581,386. The firm has a market cap of $14.52 billion, a P/E ratio of 14.11, a P/E/G ratio of 0.80 and a beta of 2.19. Builders FirstSource, Inc. has a twelve month low of $122.49 and a twelve month high of $214.70. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.77. The stock's fifty day moving average price is $149.62 and its two-hundred day moving average price is $167.16.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $2.31 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.13. The firm had revenue of $3.82 billion for 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%. On average, research analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BLDR. Royal Bank of Canada decreased their price target on Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating for the company in a research note on Friday, February 21st. StockNews.com lowered Builders FirstSource from a "buy" rating to a "hold" rating in a report on Monday, January 13th. Benchmark cut their price objective on Builders FirstSource from $200.00 to $170.00 and set a "buy" rating for the company in a report on Friday, February 21st. Wedbush restated an "outperform" rating and issued a $230.00 price objective on shares of Builders FirstSource in a report on Wednesday, December 18th. Finally, Barclays cut their price objective on Builders FirstSource from $188.00 to $165.00 and set an "overweight" rating for the company in a report on Monday, February 24th. Five research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $190.72.

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.