Builders FirstSource, Inc. (BLDR) Shares Bought by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC raised its position in Builders FirstSource, Inc. (NASDAQ:BLDR) by 23.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 193,877 shares of the company’s stock after buying an additional 37,376 shares during the period. Mutual of America Capital Management LLC owned about 0.17% of Builders FirstSource worth $4,225,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BLDR. 1st Global Advisors Inc. boosted its position in shares of Builders FirstSource by 1.0% in the 2nd quarter. 1st Global Advisors Inc. now owns 13,694 shares of the company’s stock worth $210,000 after purchasing an additional 137 shares during the last quarter. Suntrust Banks Inc. boosted its position in shares of Builders FirstSource by 1.9% in the 2nd quarter. Suntrust Banks Inc. now owns 27,934 shares of the company’s stock worth $427,000 after purchasing an additional 515 shares during the last quarter. Ameritas Investment Partners Inc. lifted its holdings in Builders FirstSource by 17.3% during the second quarter. Ameritas Investment Partners Inc. now owns 8,495 shares of the company’s stock worth $130,000 after acquiring an additional 1,253 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Builders FirstSource by 11.2% during the second quarter. Principal Financial Group Inc. now owns 21,546 shares of the company’s stock worth $330,000 after acquiring an additional 2,166 shares in the last quarter. Finally, Amalgamated Bank lifted its holdings in Builders FirstSource by 21.2% during the second quarter. Amalgamated Bank now owns 12,450 shares of the company’s stock worth $191,000 after acquiring an additional 2,178 shares in the last quarter. Hedge funds and other institutional investors own 97.31% of the company’s stock.

Shares of Builders FirstSource, Inc. (NASDAQ BLDR) traded down $0.05 during mid-day trading on Wednesday, hitting $19.48. The company had a trading volume of 1,818,400 shares, compared to its average volume of 1,377,877. Builders FirstSource, Inc. has a fifty-two week low of $12.12 and a fifty-two week high of $23.28. The company has a market capitalization of $2,205.74, a PE ratio of 25.92 and a beta of 2.01. The company has a current ratio of 1.86, a quick ratio of 1.06 and a debt-to-equity ratio of 4.46.

Several research firms have weighed in on BLDR. Barclays lifted their target price on Builders FirstSource from $15.00 to $17.00 and gave the stock an “equal weight” rating in a report on Friday, November 10th. ValuEngine raised Builders FirstSource from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. SunTrust Banks reissued a “buy” rating and issued a $20.00 price target on shares of Builders FirstSource in a research note on Friday, November 10th. Stifel Nicolaus lifted their price target on Builders FirstSource from $23.00 to $26.50 and gave the company a “buy” rating in a research note on Monday, January 22nd. Finally, Zacks Investment Research raised Builders FirstSource from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Wednesday, January 31st. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $23.41.

In related news, CEO Floyd F. Sherman sold 40,000 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $19.43, for a total value of $777,200.00. Following the completion of the sale, the chief executive officer now directly owns 623,635 shares in the company, valued at $12,117,228.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Peter M. Jackson sold 12,500 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $20.51, for a total value of $256,375.00. Following the completion of the sale, the chief financial officer now owns 26,587 shares of the company’s stock, valued at $545,299.37. The disclosure for this sale can be found here. 14.60% of the stock is owned by insiders.

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Builders FirstSource Profile

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

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

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