Stephens Inc. AR Has $125,000 Position in Builders FirstSource, Inc. (BLDR)

Stephens Inc. AR lifted its position in Builders FirstSource, Inc. (NASDAQ:BLDR) by 10.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 11,472 shares of the company’s stock after purchasing an additional 1,100 shares during the period. Stephens Inc. AR’s holdings in Builders FirstSource were worth $125,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BLDR. Fuller & Thaler Asset Management Inc. raised its position in shares of Builders FirstSource by 511.1% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 3,443,323 shares of the company’s stock valued at $50,548,000 after acquiring an additional 2,879,817 shares during the period. Towle & Co. acquired a new stake in shares of Builders FirstSource in the 4th quarter valued at approximately $18,592,000. Raging Capital Management LLC raised its holdings in Builders FirstSource by 111.9% during the 3rd 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 during the period. Stadium Capital Management LLC raised its holdings in Builders FirstSource by 38.5% during the 3rd 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 during the period. Finally, LSV Asset Management raised its holdings in Builders FirstSource by 71.0% during the 4th 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 during the period. Institutional investors and hedge funds own 94.35% of the company’s stock.

Shares of NASDAQ:BLDR traded up $0.17 during midday trading on Friday, hitting $13.75. The stock had a trading volume of 5,034 shares, compared to its average volume of 1,004,062. Builders FirstSource, Inc. has a 12 month low of $10.15 and a 12 month high of $21.92. The company has a current ratio of 1.88, a quick ratio of 1.06 and a debt-to-equity ratio of 2.59. The stock has a market capitalization of $1.58 billion, a PE ratio of 7.24, a P/E/G ratio of 1.72 and a beta of 2.23.



Several brokerages have commented on BLDR. Deutsche Bank downgraded shares of Builders FirstSource from a “buy” rating to a “hold” rating and dropped their target price for the stock from $19.00 to $15.00 in a report on Tuesday, December 4th. Buckingham Research started coverage on shares of Builders FirstSource in a report on Monday, February 25th. They set a “neutral” rating and a $15.00 target price on the stock. B. Riley lowered their price objective on shares of Builders FirstSource from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Tuesday, March 5th. ValuEngine upgraded shares of Builders FirstSource from a “strong sell” rating to a “sell” rating in a report on Monday. Finally, Zacks Investment Research upgraded shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 6th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $16.77.

WARNING: “Stephens Inc. AR Has $125,000 Position in Builders FirstSource, Inc. (BLDR)” was published by Dakota Financial News and is the property of of Dakota Financial News. If you are reading this piece on another site, it was stolen and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://dakotafinancialnews.com/2019/03/15/stephens-inc-ar-has-125000-position-in-builders-firstsource-inc-bldr.html.

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.

See Also: Does the Step Transaction Doctrine Affect a Backdoor Roth IRA?

Want to see what other hedge funds are holding BLDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Builders FirstSource, Inc. (NASDAQ:BLDR).

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

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.