189,524 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Bought by Fiera Capital Corp

Fiera Capital Corp purchased a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 189,524 shares of the company’s stock, valued at approximately $27,089,000. Fiera Capital Corp owned 0.16% of Builders FirstSource at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legato Capital Management LLC raised its stake in shares of Builders FirstSource by 1.3% in the 4th quarter. Legato Capital Management LLC now owns 17,180 shares of the company’s stock valued at $2,456,000 after acquiring an additional 228 shares during the period. Avion Wealth lifted its stake in shares of Builders FirstSource by 728.6% during the fourth quarter. Avion Wealth now owns 348 shares of the company’s stock worth $49,000 after purchasing an additional 306 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its position in shares of Builders FirstSource by 26.2% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 15,966 shares of the company’s stock worth $2,282,000 after buying an additional 3,312 shares during the period. TFB Advisors LLC boosted its position in shares of Builders FirstSource by 2.1% in the fourth quarter. TFB Advisors LLC now owns 3,819 shares of the company’s stock worth $546,000 after buying an additional 79 shares during the period. Finally, Washburn Capital Management Inc. purchased a new stake in shares of Builders FirstSource during the 4th quarter valued at about $266,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Stock Up 1.2 %

NYSE:BLDR opened at $152.55 on Friday. The firm has a market capitalization of $17.56 billion, a PE ratio of 14.90, a price-to-earnings-growth ratio of 0.89 and a beta of 2.12. Builders FirstSource, Inc. has a 52 week low of $130.75 and a 52 week 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 stock has a 50 day moving average of $157.69 and a 200-day moving average of $171.23.

Analysts Set New Price Targets

A number of research firms have weighed in on BLDR. StockNews.com cut Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Stifel Nicolaus restated a “buy” rating and issued a $175.00 target price on shares of Builders FirstSource in a research note on Wednesday, January 8th. Barclays dropped their price target 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. Royal Bank of Canada upped their price objective on shares of Builders FirstSource from $178.00 to $187.00 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. Finally, UBS Group assumed coverage on Builders FirstSource in a research report on Friday, October 25th. They set a “buy” rating and a $232.00 target price on the stock. Four research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Builders FirstSource presently has an average rating of “Moderate Buy” and a consensus target price 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.