Builders FirstSource, Inc. (BLDR) Shares Bought by Stelliam Investment Management LP

Stelliam Investment Management LP boosted its stake in Builders FirstSource, Inc. (NASDAQ:BLDR) by 82.4% during the fourth quarter, Holdings Channel reports. The firm owned 3,325,000 shares of the company’s stock after buying an additional 1,502,500 shares during the period. Stelliam Investment Management LP owned about 2.99% of Builders FirstSource worth $36,475,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BLDR. Legal & General Group Plc boosted its position in shares of Builders FirstSource by 39.5% in the second quarter. Legal & General Group Plc now owns 12,946 shares of the company’s stock valued at $142,000 after buying an additional 3,664 shares during the period. Metropolitan Life Insurance Co. NY boosted its stake in shares of Builders FirstSource by 81.6% in the second quarter. Metropolitan Life Insurance Co. NY now owns 60,775 shares of the company’s stock valued at $684,000 after buying an additional 27,308 shares during the period. Lyon Street Capital LLC boosted its stake in shares of Builders FirstSource by 73.3% in the second quarter. Lyon Street Capital LLC now owns 656,912 shares of the company’s stock valued at $7,390,000 after buying an additional 277,927 shares during the period. Roystone Capital Management LP boosted its stake in shares of Builders FirstSource by 7.7% in the second quarter. Roystone Capital Management LP now owns 2,035,700 shares of the company’s stock valued at $22,902,000 after buying an additional 145,700 shares during the period. Finally, Lomas Capital Management LLC boosted its stake in shares of Builders FirstSource by 144.0% in the second quarter. Lomas Capital Management LLC now owns 1,373,892 shares of the company’s stock valued at $15,457,000 after buying an additional 810,892 shares during the period. 80.91% of the stock is currently owned by institutional investors.

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

Shares of Builders FirstSource, Inc. (NASDAQ:BLDR) traded up 0.97% during trading on Tuesday, reaching $12.52. The company had a trading volume of 789,020 shares. Builders FirstSource, Inc. has a 1-year low of $6.72 and a 1-year high of $14.09. The firm has a market capitalization of $1.39 billion, a PE ratio of 11.00 and a beta of 2.30. The firm has a 50-day moving average of $11.46 and a 200 day moving average of $11.55.

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Several analysts have issued reports on the company. Zacks Investment Research raised Builders FirstSource from a “sell” rating to a “hold” rating in a research report on Tuesday, January 10th. Seaport Global Securities assumed coverage on Builders FirstSource in a research report on Tuesday, November 22nd. They set a “buy” rating and a $16.00 target price on the stock. Wedbush reaffirmed an “outperform” rating and set a $18.00 target price on shares of Builders FirstSource in a research report on Monday, November 7th. Barclays PLC assumed coverage on Builders FirstSource in a research report on Thursday, January 5th. They set an “equal weight” rating and a $12.00 target price on the stock. Finally, FBR & Co reaffirmed an “outperform” rating and set a $15.00 target price on shares of Builders FirstSource in a research report on Tuesday, November 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $15.00.

In other Builders FirstSource news, CEO Floyd F. Sherman sold 12,403 shares of the business’s stock in a transaction on Thursday, November 17th. The shares were sold at an average price of $11.26, for a total value of $139,657.78. Following the completion of the transaction, the chief executive officer now owns 641,807 shares in the company, valued at $7,226,746.82. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 36.20% of the company’s stock.

About Builders FirstSource

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors and consumers. The Company’s operating segments include Northeast, Southeast, South and West. It offers solution to its customers providing manufacturing, supply and installation of a range of structural and related building products.

5 Day Chart for NASDAQ:BLDR

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).

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