Stevens Capital Management LP Makes New $543,000 Investment in Builders FirstSource, Inc. (NYSE:BLDR)

Stevens Capital Management LP bought a new stake in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,800 shares of the company's stock, valued at approximately $543,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BLDR. LPL Financial LLC boosted its holdings in Builders FirstSource by 12.6% in the 4th quarter. LPL Financial LLC now owns 287,571 shares of the company's stock valued at $41,103,000 after purchasing an additional 32,121 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of Builders FirstSource during the fourth quarter valued at approximately $5,946,000. AXQ Capital LP boosted its holdings in shares of Builders FirstSource by 381.9% during the fourth quarter. AXQ Capital LP now owns 8,101 shares of the company's stock worth $1,158,000 after purchasing an additional 6,420 shares during the period. Sei Investments Co. lifted its stake in Builders FirstSource by 24.6% in the fourth quarter. Sei Investments Co. now owns 52,381 shares of the company's stock worth $7,487,000 after acquiring an additional 10,338 shares during the period. Finally, Mizuho Securities USA LLC boosted its stake in shares of Builders FirstSource by 44.4% during the 4th quarter. Mizuho Securities USA LLC now owns 10,907 shares of the company's stock valued at $1,559,000 after purchasing an additional 3,356 shares in the last quarter. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BLDR. Stifel Nicolaus dropped their price target on shares of Builders FirstSource from $175.00 to $156.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. The Goldman Sachs Group lowered their target price on Builders FirstSource from $200.00 to $180.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Royal Bank of Canada cut their price objective on shares of Builders FirstSource from $167.00 to $162.00 and set an "outperform" rating for the company in a research report on Friday, February 21st. Wedbush restated an "outperform" rating and set a $230.00 target price on shares of Builders FirstSource in a research note on Wednesday, December 18th. Finally, StockNews.com lowered Builders FirstSource from a "buy" rating to a "hold" rating in a research note on Monday, January 13th. Five research 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 company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $190.72.

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Builders FirstSource Stock Down 0.8 %

BLDR stock traded down $1.01 during mid-day trading on Tuesday, hitting $130.72. 991,968 shares of the company were exchanged, compared to its average volume of 1,601,053. The firm has a fifty day simple moving average of $147.67 and a 200 day simple moving average of $165.41. The company has a market capitalization of $14.85 billion, a PE ratio of 14.43, a price-to-earnings-growth 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 $211.85. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.86.

Builders FirstSource (NYSE:BLDR - Get Free Report) last issued 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. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. The firm had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.90 billion. On average, research analysts forecast that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

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.