Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 31.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,573 shares of the company's stock after selling 7,105 shares during the period. Yousif Capital Management LLC's holdings in Builders FirstSource were worth $2,226,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Brooklyn Investment Group acquired a new position in shares of Builders FirstSource in the 3rd quarter valued at $28,000. Armstrong Advisory Group Inc. acquired a new position in shares of Builders FirstSource in the 3rd quarter valued at $30,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Builders FirstSource in the 4th quarter valued at $33,000. Reston Wealth Management LLC acquired a new position in shares of Builders FirstSource in the 3rd quarter valued at $39,000. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of Builders FirstSource in the 3rd quarter valued at $46,000. 95.53% of the stock is owned by institutional investors and hedge funds.

Builders FirstSource Stock Up 0.9 %

NYSE:BLDR traded up $1.40 during midday trading on Friday, hitting $153.90. 1,468,590 shares of the company were exchanged, compared to its average volume of 1,521,250. The company has a fifty day simple moving average of $156.79 and a 200 day simple moving average of $171.00. Builders FirstSource, Inc. has a fifty-two week low of $130.75 and a fifty-two week high of $214.70. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $17.71 billion, a PE ratio of 15.03, a price-to-earnings-growth ratio of 0.89 and a beta of 2.12.

Wall Street Analysts Forecast Growth

BLDR has been the subject of several research analyst reports. DA Davidson upped their price target on shares of Builders FirstSource from $169.00 to $175.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 6th. Oppenheimer reaffirmed an "outperform" rating and set a $225.00 price objective on shares of Builders FirstSource in a research report on Tuesday, October 29th. StockNews.com cut shares of Builders FirstSource from a "buy" rating to a "hold" rating in a research report on Monday, January 13th. UBS Group initiated coverage on shares of Builders FirstSource in a research report on Friday, October 25th. They set a "buy" rating and a $232.00 price objective for the company. Finally, Stephens increased their price objective on shares of Builders FirstSource from $178.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $205.71.

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.