Builders FirstSource, Inc. $BLDR Shares Purchased by Bessemer Group Inc.

Bessemer Group Inc. boosted its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 135.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 461,934 shares of the company’s stock after acquiring an additional 265,428 shares during the period. Bessemer Group Inc. owned about 0.42% of Builders FirstSource worth $56,009,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of BLDR. Daiwa Securities Group Inc. grew its holdings in Builders FirstSource by 0.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 17,630 shares of the company’s stock valued at $2,057,000 after buying an additional 78 shares during the last quarter. VestGen Advisors LLC lifted its position in shares of Builders FirstSource by 4.6% in the second quarter. VestGen Advisors LLC now owns 1,943 shares of the company’s stock valued at $227,000 after acquiring an additional 86 shares in the last quarter. Stephens Inc. AR boosted its stake in shares of Builders FirstSource by 3.1% during the second quarter. Stephens Inc. AR now owns 3,032 shares of the company’s stock valued at $354,000 after acquiring an additional 90 shares during the last quarter. Police & Firemen s Retirement System of New Jersey raised its stake in Builders FirstSource by 0.8% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 16,858 shares of the company’s stock valued at $1,967,000 after purchasing an additional 131 shares during the last quarter. Finally, CX Institutional lifted its holdings in Builders FirstSource by 15.8% in the 3rd quarter. CX Institutional now owns 958 shares of the company’s stock valued at $116,000 after purchasing an additional 131 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on BLDR shares. BMO Capital Markets cut their price objective on shares of Builders FirstSource from $130.00 to $123.00 in a research report on Wednesday, October 29th. Royal Bank Of Canada reissued a “sector perform” rating and set a $111.00 price target on shares of Builders FirstSource in a research note on Friday, January 9th. Benchmark lifted their price objective on Builders FirstSource from $138.00 to $142.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Stephens reiterated an “equal weight” rating and set a $137.00 target price on shares of Builders FirstSource in a research report on Tuesday, January 20th. Finally, Zacks Research raised Builders FirstSource from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 5th. Nine research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $133.77.

Builders FirstSource Price Performance

BLDR stock opened at $120.04 on Friday. The stock has a 50-day moving average price of $112.86 and a two-hundred day moving average price of $121.19. Builders FirstSource, Inc. has a 12-month low of $94.35 and a 12-month high of $164.42. The company has a current ratio of 1.79, a quick ratio of 1.15 and a debt-to-equity ratio of 1.03. The company has a market cap of $13.27 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 15.50 and a beta of 1.56.

Builders FirstSource Company Profile

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.