Monument Capital Management Reduces Stake in Builders FirstSource, Inc. (NYSE:BLDR)

Monument Capital Management lowered its position in Builders FirstSource, Inc. (NYSE:BLDR) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,051 shares of the company’s stock after selling 218 shares during the period. Monument Capital Management’s holdings in Builders FirstSource were worth $293,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Mountaineer Partners Management LLC purchased a new stake in Builders FirstSource in the 3rd quarter worth approximately $2,099,877,000. FMR LLC boosted its position in Builders FirstSource by 45.7% in the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company’s stock worth $1,969,259,000 after purchasing an additional 3,186,876 shares in the last quarter. Baillie Gifford & Co. purchased a new stake in Builders FirstSource in the 3rd quarter worth approximately $267,132,000. Diamond Hill Capital Management Inc. purchased a new stake in Builders FirstSource in the 3rd quarter worth approximately $255,867,000. Finally, Loomis Sayles & Co. L P boosted its position in Builders FirstSource by 256,479.8% in the 3rd quarter. Loomis Sayles & Co. L P now owns 661,976 shares of the company’s stock worth $128,331,000 after purchasing an additional 661,718 shares in the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BLDR shares. UBS Group started coverage on Builders FirstSource in a research note on Friday, October 25th. They set a “buy” rating and a $232.00 target price for the company. DA Davidson upped their target price on Builders FirstSource from $169.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. StockNews.com downgraded Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 target price on shares of Builders FirstSource in a research note on Tuesday, October 29th. Finally, 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 objective for the company. Four investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.71.

Builders FirstSource Stock Performance

Shares of Builders FirstSource stock opened at $153.90 on Monday. The business has a 50-day moving average of $156.79 and a 200 day moving average of $171.05. Builders FirstSource, Inc. has a 12 month low of $130.75 and a 12 month high of $214.70. The stock has a market capitalization 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 debt-to-equity ratio of 0.83, a current ratio of 1.77 and a quick ratio of 1.16.

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.