Price Capital Management Inc. purchased a new stake in shares of Builders FirstSource, Inc. (NASDAQ:BLDR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 92,575 shares of the company’s stock, valued at approximately $2,017,000.

A number of other large investors have also recently bought and sold shares of BLDR. Cubist Systematic Strategies LLC bought a new stake in Builders FirstSource during the 3rd quarter valued at $110,000. Ameritas Investment Partners Inc. raised its holdings in Builders FirstSource by 17.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,495 shares of the company’s stock valued at $130,000 after buying an additional 1,253 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Builders FirstSource by 10,237.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,580 shares of the company’s stock valued at $131,000 after buying an additional 8,497 shares during the last quarter. Victory Capital Management Inc. bought a new stake in Builders FirstSource during the 3rd quarter valued at $147,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Builders FirstSource by 58.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,462 shares of the company’s stock valued at $163,000 after buying an additional 2,766 shares during the last quarter. Institutional investors own 96.73% of the company’s stock.

A number of equities research analysts recently commented on BLDR shares. B. Riley upped their price target on shares of Builders FirstSource from $20.00 to $24.00 and gave the company a “buy” rating in a report on Friday, November 10th. SunTrust Banks reiterated a “buy” rating and set a $20.00 price target on shares of Builders FirstSource in a report on Friday, November 10th. Barclays upped their price target on shares of Builders FirstSource from $15.00 to $17.00 and gave the company an “equal weight” rating in a report on Friday, November 10th. ValuEngine lowered shares of Builders FirstSource from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Finally, Zacks Investment Research upgraded shares of Builders FirstSource from a “sell” rating to a “hold” rating in a report on Monday, November 13th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Builders FirstSource currently has a consensus rating of “Buy” and an average price target of $23.41.

Builders FirstSource, Inc. (NASDAQ:BLDR) opened at $20.38 on Thursday. The company has a debt-to-equity ratio of 4.46, a current ratio of 1.86 and a quick ratio of 1.06. Builders FirstSource, Inc. has a 1-year low of $11.43 and a 1-year high of $23.28. The company has a market cap of $2,300.61, a price-to-earnings ratio of 26.82 and a beta of 2.01.

In other Builders FirstSource news, CEO Floyd F. Sherman sold 40,000 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $19.43, for a total value of $777,200.00. Following the completion of the transaction, the chief executive officer now directly owns 623,635 shares in the company, valued at approximately $12,117,228.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Donald F. Mcaleenan sold 166,714 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $18.16, for a total transaction of $3,027,526.24. Following the completion of the transaction, the senior vice president now owns 179,805 shares of the company’s stock, valued at $3,265,258.80. The disclosure for this sale can be found here. Insiders sold a total of 377,598 shares of company stock valued at $6,950,025 over the last 90 days. Company insiders own 14.60% of the company’s stock.

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Builders FirstSource Profile

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

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Institutional Ownership by Quarter for Builders FirstSource (NASDAQ:BLDR)

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