Oppenheimer & Co. Inc. lessened its position in shares of Builders FirstSource, Inc. (NYSE:BLDR – Get Rating) by 36.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,963 shares of the company’s stock after selling 4,529 shares during the period. Oppenheimer & Co. Inc.’s holdings in Builders FirstSource were worth $469,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Builders FirstSource by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 17,422,176 shares of the company’s stock valued at $1,124,428,000 after acquiring an additional 86,484 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Builders FirstSource by 14.8% in the 1st quarter. Wellington Management Group LLP now owns 11,277,012 shares of the company’s stock valued at $727,819,000 after acquiring an additional 1,455,580 shares in the last quarter. Coliseum Capital Management LLC grew its holdings in shares of Builders FirstSource by 16.4% in the 2nd quarter. Coliseum Capital Management LLC now owns 6,462,850 shares of the company’s stock valued at $347,055,000 after acquiring an additional 909,392 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Builders FirstSource by 1.4% during the third quarter. Dimensional Fund Advisors LP now owns 4,563,913 shares of the company’s stock worth $268,900,000 after purchasing an additional 64,900 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Builders FirstSource by 100.7% during the second quarter. AQR Capital Management LLC now owns 2,092,221 shares of the company’s stock worth $108,000,000 after purchasing an additional 1,049,896 shares during the period. Institutional investors own 94.71% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on BLDR shares. Barclays lifted their price target on Builders FirstSource from $80.00 to $85.00 in a report on Wednesday, December 14th. Stifel Nicolaus reduced their price target on Builders FirstSource from $92.00 to $82.00 and set a “buy” rating for the company in a report on Monday, December 19th. Stephens reduced their price target on Builders FirstSource from $90.00 to $80.00 and set an “overweight” rating for the company in a report on Wednesday, November 9th. Deutsche Bank Aktiengesellschaft lifted their price target on Builders FirstSource from $72.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, January 10th. Finally, Zelman & Associates downgraded shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Wednesday, December 21st. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $78.75.
Builders FirstSource Stock Up 0.1 %
Builders FirstSource Profile
Builders FirstSource, Inc engages in the supply and manufacture of building materials, manufactured components and construction services to professional homebuilders, subcontractors, remodelers and consumers. Its products include factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood.
Featured Articles
- Get a free copy of the StockNews.com research report on Builders FirstSource (BLDR)
- Carvana Skidding On Revenue Decrease, Heavy Debt Burden
- What Are Consumer Staples Stocks?
- Is Rocky Brands Dividend A Good Fit For Your Portfolio?
- Beyond Meat Stock Is Not Beyond Hope
- Analysts Holding As Pfizer Waits On Two Phase 3 Studies
Receive News & Ratings for Builders FirstSource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Builders FirstSource and related companies with MarketBeat.com's FREE daily email newsletter.
