Mcclain Value Management LLC cut its position in shares of Builders FirstSource, Inc. (NASDAQ:BLDR) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 164,773 shares of the company’s stock after selling 8,769 shares during the period. Builders FirstSource makes up 4.7% of Mcclain Value Management LLC’s holdings, making the stock its 6th biggest holding. Mcclain Value Management LLC’s holdings in Builders FirstSource were worth $3,590,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of BLDR. BlackRock Inc. raised its stake in shares of Builders FirstSource by 8.9% in the 2nd quarter. BlackRock Inc. now owns 6,912,890 shares of the company’s stock valued at $105,905,000 after acquiring an additional 563,694 shares during the period. Vanguard Group Inc. increased its stake in Builders FirstSource by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 6,034,263 shares of the company’s stock worth $92,445,000 after buying an additional 119,876 shares during the period. Eagle Asset Management Inc. increased its stake in Builders FirstSource by 30.9% during the 3rd quarter. Eagle Asset Management Inc. now owns 4,224,149 shares of the company’s stock worth $74,936,000 after buying an additional 997,132 shares during the period. Dimensional Fund Advisors LP increased its stake in Builders FirstSource by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,257,642 shares of the company’s stock worth $58,604,000 after buying an additional 63,672 shares during the period. Finally, State Street Corp increased its stake in Builders FirstSource by 15.4% during the 2nd quarter. State Street Corp now owns 1,782,539 shares of the company’s stock worth $27,313,000 after buying an additional 238,089 shares during the period. 96.73% of the stock is currently owned by institutional investors.

In other Builders FirstSource news, CFO Peter M. Jackson sold 12,500 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $20.51, for a total transaction of $256,375.00. Following the completion of the transaction, the chief financial officer now owns 26,587 shares in the company, valued at approximately $545,299.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Donald F. Mcaleenan sold 166,714 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $18.16, for a total transaction of $3,027,526.24. Following the transaction, the senior vice president now owns 179,805 shares of the company’s stock, valued at approximately $3,265,258.80. The disclosure for this sale can be found here. Insiders have sold a total of 377,598 shares of company stock valued at $6,950,025 in the last quarter. 14.60% of the stock is currently owned by company insiders.

Builders FirstSource, Inc. (BLDR) traded down $0.29 during midday trading on Monday, reaching $20.53. 1,010,679 shares of the company’s stock traded hands, compared to its average volume of 1,259,433. The company has a quick ratio of 1.06, a current ratio of 1.86 and a debt-to-equity ratio of 4.46. Builders FirstSource, Inc. has a 12 month low of $11.14 and a 12 month high of $23.28. The firm has a market cap of $2,310.00, a PE ratio of 26.86 and a beta of 2.01.

Several brokerages recently weighed in on BLDR. B. Riley reaffirmed a “buy” rating on shares of Builders FirstSource in a research note on Wednesday, November 1st. ValuEngine raised shares of Builders FirstSource from a “hold” rating to a “buy” rating in a research note on Friday. Zacks Investment Research raised shares of Builders FirstSource from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research note on Wednesday, January 31st. Citigroup upped their target price on shares of Builders FirstSource from $18.00 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 10th. Finally, Stifel Nicolaus upped their target price on shares of Builders FirstSource from $23.00 to $26.50 and gave the stock a “buy” rating in a research note on Monday, January 22nd. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $23.41.

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About Builders FirstSource

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.

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

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