National Pension Service Has $23.98 Million Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

National Pension Service trimmed its position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 13.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 167,799 shares of the company's stock after selling 26,800 shares during the quarter. National Pension Service owned approximately 0.15% of Builders FirstSource worth $23,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Brooklyn Investment Group acquired a new stake in Builders FirstSource in the third quarter valued at approximately $28,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Builders FirstSource during the 4th quarter valued at $33,000. Reston Wealth Management LLC acquired a new stake in shares of Builders FirstSource in the 3rd quarter valued at $39,000. Brown Brothers Harriman & Co. bought a new stake in Builders FirstSource in the third quarter worth $46,000. Finally, Avion Wealth increased its position in Builders FirstSource by 728.6% during the fourth quarter. Avion Wealth now owns 348 shares of the company's stock worth $49,000 after buying an additional 306 shares during the last quarter. Institutional investors own 95.53% of the company's stock.

Analysts Set New Price Targets

BLDR has been the subject of several recent analyst reports. Barclays decreased their price target on Builders FirstSource from $188.00 to $165.00 and set an "overweight" rating for the company in a research note on Monday, February 24th. BMO Capital Markets lowered their price target on Builders FirstSource from $175.00 to $168.00 and set a "market perform" rating on the stock in a report on Monday, February 24th. Loop Capital dropped their price target on shares of Builders FirstSource from $205.00 to $190.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. Stifel Nicolaus decreased their price objective on shares of Builders FirstSource from $175.00 to $156.00 and set a "buy" rating for the company in a report on Monday, February 24th. Finally, Benchmark dropped their target price on shares of Builders FirstSource from $200.00 to $170.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Five analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $190.72.

Builders FirstSource Stock Performance

BLDR stock traded up $3.53 during midday trading on Wednesday, hitting $133.92. The stock had a trading volume of 1,760,242 shares, compared to its average volume of 1,574,388. The firm has a market capitalization of $15.22 billion, a price-to-earnings ratio of 14.78, a P/E/G ratio of 0.80 and a beta of 2.12. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.86. The stock has a 50-day simple moving average of $152.17 and a 200 day simple moving average of $169.74. Builders FirstSource, Inc. has a 52 week low of $127.45 and a 52 week high of $214.70.

Builders FirstSource (NYSE:BLDR - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping analysts' consensus estimates of $2.18 by $0.13. The company had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.90 billion. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. As a group, equities research analysts anticipate that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

About Builders FirstSource

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.