Fiera Capital Corp has increased its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 12.8% in the third quarter, bringing its total holdings to 480,609 shares valued at $58.27 million. This move is part of a broader trend of institutional investors boosting their positions in the company, despite Builders FirstSource missing its Q4 earnings and revenue estimates. Analysts currently hold a “Hold” rating on the stock with a consensus target price of $132.52, and the company has received mixed sentiment in recent news.
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Builders FirstSource, Inc. $BLDR Position Boosted by Fiera Capital Corp
Fiera Capital Corp has increased its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 12.8% in the third quarter, bringing its total holdings to 480,609 shares valued at $58.27 million. This move is part of a broader trend of institutional investors boosting their positions in the company, despite Builders FirstSource missing its Q4 earnings and revenue estimates. Analysts currently hold a “Hold” rating on the stock with a consensus target price of $132.52, and the company has received mixed sentiment in recent news.