Robeco Institutional Asset Management B.V. Buys 71,525 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Robeco Institutional Asset Management B.V. raised its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 7.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 976,125 shares of the company’s stock after acquiring an additional 71,525 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Builders FirstSource were worth $139,518,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BLDR. Mountaineer Partners Management LLC purchased a new stake in Builders FirstSource during the 3rd quarter valued at $2,099,877,000. FMR LLC boosted its stake in Builders FirstSource by 45.7% during the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company’s stock valued at $1,969,259,000 after purchasing an additional 3,186,876 shares during the last quarter. Baillie Gifford & Co. purchased a new stake in Builders FirstSource during the 3rd quarter valued at $267,132,000. Diamond Hill Capital Management Inc. purchased a new stake in Builders FirstSource during the 3rd quarter valued at $255,867,000. Finally, Loomis Sayles & Co. L P boosted its stake in Builders FirstSource by 256,479.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 661,976 shares of the company’s stock valued at $128,331,000 after purchasing an additional 661,718 shares during the last quarter. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

Builders FirstSource Price Performance

NYSE BLDR opened at $169.51 on Wednesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.16 and a current ratio of 1.77. The business’s fifty day moving average is $162.34 and its 200 day moving average is $171.21. The company has a market capitalization of $19.51 billion, a PE ratio of 16.55, a price-to-earnings-growth ratio of 0.90 and a beta of 2.11. Builders FirstSource, Inc. has a fifty-two week low of $130.75 and a fifty-two week high of $214.70.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. The business had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.44 billion. During the same quarter in the previous year, the firm earned $4.24 earnings per share. Builders FirstSource’s revenue was down 6.7% on a year-over-year basis. Sell-side analysts predict that Builders FirstSource, Inc. will post 11.53 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have commented on BLDR. DA Davidson increased their target price on Builders FirstSource from $169.00 to $175.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Wedbush restated an “outperform” rating and issued a $230.00 price target on shares of Builders FirstSource in a research note on Wednesday, December 18th. Oppenheimer restated an “outperform” rating and issued a $225.00 price target on shares of Builders FirstSource in a research note on Tuesday, October 29th. Stephens raised their price target on Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Finally, StockNews.com downgraded Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $205.71.

Insider Activity

In other news, Director Cleveland A. Christophe sold 10,000 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $178.41, for a total value of $1,784,100.00. Following the transaction, the director now directly owns 33,083 shares in the company, valued at $5,902,338.03. The trade was a 23.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.80% of the company’s stock.

Builders FirstSource Company 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.