Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. trimmed its position in Builders FirstSource, Inc. (NYSE:BLDR) by 2.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,598 shares of the company’s stock after selling 100 shares during the quarter. Ifrah Financial Services Inc.’s holdings in Builders FirstSource were worth $514,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BLDR. Mountaineer Partners Management LLC purchased a new position in shares of Builders FirstSource in the third quarter worth $2,099,877,000. FMR LLC raised its holdings in shares of Builders FirstSource by 45.7% in the third quarter. FMR LLC now owns 10,158,152 shares of the company’s stock worth $1,969,259,000 after buying an additional 3,186,876 shares during the last quarter. Baillie Gifford & Co. raised its holdings in shares of Builders FirstSource by 20.7% in the fourth quarter. Baillie Gifford & Co. now owns 1,663,420 shares of the company’s stock worth $237,753,000 after buying an additional 285,458 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Builders FirstSource by 23.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,458,255 shares of the company’s stock worth $282,697,000 after buying an additional 277,897 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. purchased a new position in shares of Builders FirstSource in the third quarter worth $255,867,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Barclays decreased their price target on shares of Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating for the company in a report on Thursday, January 16th. Royal Bank of Canada raised their target price on shares of Builders FirstSource from $178.00 to $187.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. Raymond James began coverage on shares of Builders FirstSource in a report on Friday, January 17th. They set an “outperform” rating and a $180.00 target price for the company. StockNews.com cut shares of Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Finally, UBS Group began coverage on shares of Builders FirstSource in a report on Friday, October 25th. They set a “buy” rating and a $232.00 target price for the company. Four investment 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’s stock. According to data from MarketBeat.com, Builders FirstSource presently has an average rating of “Moderate Buy” and an average target price of $205.71.

Builders FirstSource Stock Up 0.9 %

Shares of NYSE BLDR opened at $153.90 on Monday. The company’s 50-day simple moving average is $156.79 and its 200-day simple moving average is $171.05. Builders FirstSource, Inc. has a 52-week low of $130.75 and a 52-week high of $214.70. The firm has a market cap of $17.71 billion, a price-to-earnings ratio of 15.03, a price-to-earnings-growth ratio of 0.89 and a beta of 2.12. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83.

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.