Paradigm Asset Management Co. LLC Has $1.30 Million Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Paradigm Asset Management Co. LLC boosted its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 355.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,100 shares of the company’s stock after buying an additional 7,100 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Builders FirstSource were worth $1,301,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Mountain Lake Investment Management LLC increased its position in Builders FirstSource by 7.0% during the fourth quarter. Mountain Lake Investment Management LLC now owns 36,367 shares of the company’s stock worth $5,201,000 after buying an additional 2,367 shares during the last quarter. Fiera Capital Corp bought a new stake in shares of Builders FirstSource during the fourth quarter worth approximately $27,089,000. Lecap Asset Management Ltd. boosted its holdings in shares of Builders FirstSource by 82.6% during the fourth quarter. Lecap Asset Management Ltd. now owns 22,043 shares of the company’s stock worth $3,151,000 after acquiring an additional 9,970 shares during the period. Miracle Mile Advisors LLC bought a new stake in shares of Builders FirstSource during the fourth quarter worth approximately $405,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Builders FirstSource by 8.0% during the third quarter. JPMorgan Chase & Co. now owns 793,182 shares of the company’s stock worth $153,766,000 after acquiring an additional 58,436 shares during the period. Institutional investors and hedge funds own 95.53% of the company’s stock.

Wall Street Analyst Weigh In

BLDR has been the subject of a number of research analyst reports. Stephens boosted their price objective on Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Oppenheimer restated an “outperform” rating and set a $225.00 price objective on shares of Builders FirstSource in a report on Tuesday, October 29th. Raymond James began coverage on Builders FirstSource in a research note on Friday, January 17th. They issued an “outperform” rating and a $180.00 price target for the company. UBS Group began coverage on Builders FirstSource in a research note on Friday, October 25th. They issued a “buy” rating and a $232.00 price target for the company. Finally, Royal Bank of Canada boosted their price target on Builders FirstSource from $178.00 to $187.00 and gave the company an “outperform” rating in a research note on Wednesday, November 6th. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Builders FirstSource has an average rating of “Moderate Buy” and an average price target of $205.71.

Builders FirstSource Stock Down 0.1 %

Shares of NYSE:BLDR opened at $144.59 on Friday. The company has a fifty day moving average of $154.79 and a 200-day moving average of $170.61. The company has a market capitalization of $16.64 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 0.82 and a beta of 2.12. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.16 and a current ratio of 1.77. Builders FirstSource, Inc. has a 52-week low of $130.75 and a 52-week high of $214.70.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.13. Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. On average, equities analysts predict that Builders FirstSource, Inc. will post 11.5 EPS for the current fiscal year.

About Builders FirstSource

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.