Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. trimmed its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 26.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 138,055 shares of the company's stock after selling 50,330 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 0.12% of Builders FirstSource worth $19,733,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of BLDR. Mountaineer Partners Management LLC acquired a new stake in shares of Builders FirstSource in the 3rd quarter valued at approximately $2,099,877,000. FMR LLC lifted its holdings in shares of Builders FirstSource by 45.7% in the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company's stock valued at $1,969,259,000 after buying an additional 3,186,876 shares during the period. Baillie Gifford & Co. acquired a new stake in shares of Builders FirstSource in the 3rd quarter valued at approximately $267,132,000. Diamond Hill Capital Management Inc. purchased a new position in Builders FirstSource in the 3rd quarter valued at approximately $255,867,000. Finally, Loomis Sayles & Co. L P increased its stake in Builders FirstSource by 256,479.8% in the 3rd quarter. Loomis Sayles & Co. L P now owns 661,976 shares of the company's stock valued at $128,331,000 after purchasing an additional 661,718 shares in the last quarter. 95.53% of the stock is owned by institutional investors and hedge funds.

Builders FirstSource Trading Up 1.2 %

Shares of BLDR stock traded up $1.79 during mid-day trading on Thursday, hitting $152.55. 1,392,606 shares of the company's stock were exchanged, compared to its average volume of 1,523,066. Builders FirstSource, Inc. has a fifty-two week low of $130.75 and a fifty-two week high of $214.70. The stock has a 50-day simple moving average of $157.69 and a two-hundred day simple moving average of $171.23. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83. The stock has a market cap of $17.56 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 0.89 and a beta of 2.12.

Wall Street Analyst Weigh In

BLDR has been the subject of several research analyst reports. Stifel Nicolaus reaffirmed a "buy" rating and issued a $175.00 price objective on shares of Builders FirstSource in a research note on Wednesday, January 8th. Robert W. Baird raised their price objective on Builders FirstSource from $190.00 to $222.00 and gave the company an "outperform" rating in a research note on Wednesday, October 16th. Raymond James initiated coverage on Builders FirstSource in a research note on Friday, January 17th. They issued an "outperform" rating and a $180.00 price objective for the company. StockNews.com downgraded Builders FirstSource from a "buy" rating to a "hold" rating in a research note on Monday, January 13th. Finally, Stephens raised their price objective on Builders FirstSource from $178.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th. Four research 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 stock. Based on data from MarketBeat, Builders FirstSource presently has a consensus rating of "Moderate Buy" and a consensus price target 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.