Comerica Bank increased its stake in Builders FirstSource, Inc. (NASDAQ:BLDR) by 43.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,205 shares of the company’s stock after purchasing an additional 9,803 shares during the quarter. Comerica Bank’s holdings in Builders FirstSource were worth $412,000 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. Stadium Capital Management LLC grew its position in Builders FirstSource by 38.5% during the third quarter. Stadium Capital Management LLC now owns 4,677,724 shares of the company’s stock worth $68,669,000 after buying an additional 1,301,269 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its position in Builders FirstSource by 511.1% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 3,443,323 shares of the company’s stock worth $50,548,000 after buying an additional 2,879,817 shares in the last quarter. Raging Capital Management LLC grew its position in Builders FirstSource by 111.9% during the third quarter. Raging Capital Management LLC now owns 3,112,937 shares of the company’s stock worth $45,698,000 after buying an additional 1,643,836 shares in the last quarter. LSV Asset Management grew its position in Builders FirstSource by 71.0% during the fourth quarter. LSV Asset Management now owns 2,313,068 shares of the company’s stock worth $25,235,000 after buying an additional 960,271 shares in the last quarter. Finally, Robotti Robert grew its position in Builders FirstSource by 0.4% during the third quarter. Robotti Robert now owns 2,075,205 shares of the company’s stock worth $30,464,000 after buying an additional 8,605 shares in the last quarter. Institutional investors own 94.35% of the company’s stock.

Shares of BLDR stock opened at $13.51 on Friday. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.88 and a quick ratio of 1.06. Builders FirstSource, Inc. has a 12-month low of $10.15 and a 12-month high of $21.24. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 7.11, a PEG ratio of 1.72 and a beta of 2.23.

Several equities analysts recently commented on BLDR shares. Barclays reduced their target price on Builders FirstSource from $16.00 to $13.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 12th. Royal Bank of Canada cut Builders FirstSource from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from $18.00 to $13.00 in a research report on Friday, January 11th. Wedbush restated an “outperform” rating and set a $20.00 target price on shares of Builders FirstSource in a research report on Thursday, November 29th. BidaskClub upgraded Builders FirstSource from a “hold” rating to a “buy” rating in a research report on Thursday, January 31st. Finally, Zacks Investment Research upgraded Builders FirstSource from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 15th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. Builders FirstSource presently has a consensus rating of “Hold” and an average target price of $16.77.

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Builders FirstSource Profile

Builders FirstSource, Inc manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. The company operates through four segments: Northeast, Southeast, South, and West. Its products include lumber and lumber sheet goods comprising dimensional lumber, plywood, and OSB products that are used in on-site house framing; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand.

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

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