Whittier Trust Co. of Nevada Inc. Has $9.92 Million Stock Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Whittier Trust Co. of Nevada Inc. lessened its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 69,431 shares of the company’s stock after selling 4,463 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Builders FirstSource were worth $9,924,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. HighTower Advisors LLC increased its stake in Builders FirstSource by 0.3% in the 3rd quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock valued at $4,296,000 after buying an additional 64 shares during the period. Integrated Investment Consultants LLC increased its stake in Builders FirstSource by 0.4% in the 4th quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock valued at $2,145,000 after buying an additional 65 shares during the period. TFB Advisors LLC increased its stake in Builders FirstSource by 2.1% in the 4th quarter. TFB Advisors LLC now owns 3,819 shares of the company’s stock valued at $546,000 after buying an additional 79 shares during the period. Private Trust Co. NA increased its stake in Builders FirstSource by 14.6% in the 3rd quarter. Private Trust Co. NA now owns 642 shares of the company’s stock valued at $124,000 after buying an additional 82 shares during the period. Finally, Harbor Capital Advisors Inc. increased its stake in Builders FirstSource by 2.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,835 shares of the company’s stock valued at $548,000 after buying an additional 92 shares during the period. Institutional investors and hedge funds own 95.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on BLDR shares. Wedbush reiterated an “outperform” rating and issued a $230.00 price objective on shares of Builders FirstSource in a research note on Wednesday, December 18th. Stifel Nicolaus decreased their target price on shares of Builders FirstSource from $175.00 to $156.00 and set a “buy” rating for the company in a research report on Monday, February 24th. Raymond James reissued an “outperform” rating and issued a $170.00 target price (down from $180.00) on shares of Builders FirstSource in a research report on Friday, February 21st. Loop Capital decreased their target price on shares of Builders FirstSource from $205.00 to $190.00 and set a “buy” rating for the company in a research report on Monday, February 24th. Finally, Royal Bank of Canada decreased their target price on shares of Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating for the company in a research report on Friday, February 21st. Five investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $190.72.

Builders FirstSource Price Performance

Shares of Builders FirstSource stock opened at $128.96 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.16. Builders FirstSource, Inc. has a fifty-two week low of $122.49 and a fifty-two week high of $214.70. The firm has a fifty day moving average price of $148.71 and a two-hundred day moving average price of $166.30. The company has a market cap of $14.65 billion, a PE ratio of 14.23, a price-to-earnings-growth ratio of 0.80 and a beta of 2.19.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings results on Thursday, February 20th. The company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.18 by $0.13. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. The firm had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.90 billion. Analysts expect that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

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.