Wilmington Savings Fund Society FSB Has $381,000 Position in Builders FirstSource, Inc. (NYSE:BLDR)

Wilmington Savings Fund Society FSB decreased its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 37.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,666 shares of the company’s stock after selling 1,599 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Builders FirstSource were worth $381,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in BLDR. Lecap Asset Management Ltd. lifted its stake in shares of Builders FirstSource by 82.6% during the fourth quarter. Lecap Asset Management Ltd. now owns 22,043 shares of the company’s stock valued at $3,151,000 after acquiring an additional 9,970 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Builders FirstSource by 1.6% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 12,384 shares of the company’s stock worth $1,770,000 after purchasing an additional 199 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in Builders FirstSource during the 4th quarter valued at about $12,625,000. Oakworth Capital Inc. boosted its stake in shares of Builders FirstSource by 0.6% in the 4th quarter. Oakworth Capital Inc. now owns 212,582 shares of the company’s stock valued at $30,384,000 after purchasing an additional 1,323 shares during the last quarter. Finally, Choreo LLC grew its position in shares of Builders FirstSource by 28.4% during the 4th quarter. Choreo LLC now owns 4,332 shares of the company’s stock worth $621,000 after buying an additional 959 shares during the period. 95.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on BLDR shares. Barclays reduced their price objective on shares of Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Oppenheimer restated an “outperform” rating and issued a $225.00 price target on shares of Builders FirstSource in a research report on Tuesday, October 29th. Wedbush reiterated an “outperform” rating and issued a $230.00 price objective on shares of Builders FirstSource in a report on Wednesday, December 18th. DA Davidson raised their target price on Builders FirstSource from $169.00 to $175.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $175.00 price target on shares of Builders FirstSource in a research note on Wednesday, January 8th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $205.71.

Builders FirstSource Price Performance

BLDR stock opened at $156.26 on Wednesday. The stock has a market cap of $17.98 billion, a PE ratio of 15.26, a price-to-earnings-growth ratio of 0.89 and a beta of 2.12. The stock has a 50-day moving average price of $158.22 and a two-hundred day moving average price of $171.37. Builders FirstSource, Inc. has a 1 year low of $130.75 and a 1 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.

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.