Consilium Wealth Advisory LLC Acquires 153,151 Shares of Builders FirstSource, Inc. $BLDR

Consilium Wealth Advisory LLC acquired a new stake in Builders FirstSource, Inc. (NYSE:BLDR) during the third quarter, Holdings Channel reports. The fund acquired 153,151 shares of the company’s stock, valued at approximately $8,731,000. Builders FirstSource accounts for approximately 2.6% of Consilium Wealth Advisory LLC’s investment portfolio, making the stock its 12th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BLDR. BlackRock Inc. acquired a new stake in shares of Builders FirstSource in the second quarter valued at about $700,934,000. The Manufacturers Life Insurance Company acquired a new position in Builders FirstSource during the second quarter worth about $7,317,000. Lodge Hill Capital LLC boosted its position in Builders FirstSource by 9.9% during the first quarter. Lodge Hill Capital LLC now owns 333,000 shares of the company’s stock worth $27,416,000 after acquiring an additional 30,000 shares during the last quarter. JB Capital Partners LP purchased a new stake in Builders FirstSource during the 2nd quarter valued at about $26,151,872. Finally, GoodHaven Capital Management LLC grew its stake in Builders FirstSource by 23.4% during the 2nd quarter. GoodHaven Capital Management LLC now owns 228,760 shares of the company’s stock valued at $20,469,000 after acquiring an additional 43,330 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Trading Down 2.9%

Shares of NYSE BLDR traded down $1.48 during midday trading on Wednesday, reaching $50.23. 1,390,437 shares of the stock were exchanged, compared to its average volume of 2,518,919. The company has a 50 day simple moving average of $63.38 and a 200 day simple moving average of $73.22. The stock has a market capitalization of $5.40 billion, a P/E ratio of 55.22, a PEG ratio of 1.67 and a beta of 1.45. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.09 and a current ratio of 1.79. Builders FirstSource, Inc. has a twelve month low of $49.67 and a twelve month high of $131.50.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.08). Builders FirstSource had a net margin of 0.71% and a return on equity of 11.73%. The firm had revenue of $3.86 billion for the quarter, compared to analysts’ expectations of $3.91 billion. During the same period in the previous year, the firm posted $2.38 EPS. The firm’s quarterly revenue was down 8.8% compared to the same quarter last year. As a group, equities analysts expect that Builders FirstSource, Inc. will post 3.19 earnings per share for the current year.

Analyst Upgrades and Downgrades

BLDR has been the subject of a number of analyst reports. Royal Bank Of Canada dropped their price target on Builders FirstSource from $107.00 to $88.00 and set an “outperform” rating for the company in a research report on Friday, July 31st. Wells Fargo & Company reduced their price objective on Builders FirstSource from $65.00 to $63.00 and set an “equal weight” rating on the stock in a research report on Friday, September 11th. KeyCorp lowered their price objective on Builders FirstSource from $100.00 to $91.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Melius Research initiated coverage on Builders FirstSource in a report on Tuesday, October 6th. They issued a “sell” rating and a $52.00 target price for the company. Finally, UBS Group set a $85.00 target price on Builders FirstSource in a report on Thursday, October 1st. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $84.50.

Builders FirstSource Profile

Builders FirstSource, Inc (NYSE: BLDR) is a supplier and manufacturer of building materials, manufactured components and construction services for professional homebuilders, contractors, remodelers and other construction professionals in the United States. The company serves customers through a network of locations across the country and supports both residential and selected commercial construction projects.

Its product offerings include lumber and other structural materials, engineered wood products, windows, interior and exterior doors, roofing, siding, cabinets, flooring and related building supplies.