New York State Teachers Retirement System Sells 272 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

New York State Teachers Retirement System decreased its position in Builders FirstSource, Inc. (NYSE:BLDR) by 0.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 133,866 shares of the company’s stock after selling 272 shares during the quarter. New York State Teachers Retirement System’s holdings in Builders FirstSource were worth $19,133,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BLDR. Mountaineer Partners Management LLC acquired a new position in Builders FirstSource during the 3rd quarter worth about $2,099,877,000. FMR LLC lifted its position in Builders FirstSource by 45.7% during the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company’s stock worth $1,969,259,000 after buying an additional 3,186,876 shares in the last quarter. Baillie Gifford & Co. acquired a new position in Builders FirstSource during the 3rd quarter valued at about $267,132,000. Diamond Hill Capital Management Inc. acquired a new position in Builders FirstSource during the 3rd quarter valued at about $255,867,000. Finally, Loomis Sayles & Co. L P lifted its position 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 period. Institutional investors and hedge funds own 95.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BLDR shares. Royal Bank of Canada upped their target price on shares of Builders FirstSource from $178.00 to $187.00 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. DA Davidson upped their target price on shares of Builders FirstSource from $169.00 to $175.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. UBS Group assumed coverage on shares of Builders FirstSource in a research report on Friday, October 25th. They set a “buy” rating and a $232.00 target price on the stock. Wedbush reaffirmed an “outperform” rating and issued a $230.00 price target on shares of Builders FirstSource in a research note on Wednesday, December 18th. Finally, StockNews.com cut Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Four research 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $205.71.

Builders FirstSource Price Performance

Shares of BLDR opened at $153.90 on Monday. The stock has a market capitalization of $17.71 billion, a P/E ratio of 15.03, a P/E/G ratio of 0.89 and a beta of 2.12. Builders FirstSource, Inc. has a twelve month low of $130.75 and a twelve month high of $214.70. The company has a 50 day moving average of $156.79 and a 200-day moving average of $171.05. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83.

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.