Gladstone Institutional Advisory LLC Acquires 3,312 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Gladstone Institutional Advisory LLC increased its holdings in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 26.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,966 shares of the company's stock after purchasing an additional 3,312 shares during the period. Gladstone Institutional Advisory LLC's holdings in Builders FirstSource were worth $2,282,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Mountaineer Partners Management LLC acquired a new position in Builders FirstSource during the 3rd quarter worth $2,099,877,000. FMR LLC lifted its position in Builders FirstSource by 45.7% during the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company's stock worth $1,969,259,000 after acquiring an additional 3,186,876 shares during the last quarter. Baillie Gifford & Co. acquired a new position in Builders FirstSource during the 3rd quarter worth $267,132,000. Diamond Hill Capital Management Inc. acquired a new position in Builders FirstSource during the 3rd quarter worth $255,867,000. Finally, Loomis Sayles & Co. L P lifted its position in Builders FirstSource by 256,479.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 661,976 shares of the company's stock worth $128,331,000 after acquiring an additional 661,718 shares during the last quarter. 95.53% of the stock is currently owned by institutional investors.

Builders FirstSource Price Performance

Shares of BLDR traded up $1.40 during mid-day trading on Friday, hitting $153.90. 1,468,590 shares of the company traded hands, compared to its average volume of 1,521,250. Builders FirstSource, Inc. has a one year low of $130.75 and a one year 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 business has a 50-day moving average of $156.79 and a 200 day moving average of $171.00. The stock has a market capitalization of $17.71 billion, a price-to-earnings ratio of 15.03, a PEG ratio of 0.89 and a beta of 2.12.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on BLDR shares. Stephens upped their price objective on shares of Builders FirstSource from $178.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. 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. Stifel Nicolaus reaffirmed a "buy" rating and set a $175.00 price objective on shares of Builders FirstSource in a research report on Wednesday, January 8th. DA Davidson upped their price objective on shares of Builders FirstSource from $169.00 to $175.00 and gave the company a "neutral" rating in a research report on Wednesday, November 6th. Finally, Barclays cut their price objective on shares of Builders FirstSource from $211.00 to $188.00 and set an "overweight" rating for the company in a research report on Thursday, January 16th. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $205.71.

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.