Valtinson Bruner Financial Planning LLC Acquires New Holdings in Builders FirstSource, Inc. $BLDR

Valtinson Bruner Financial Planning LLC acquired a new stake in Builders FirstSource, Inc. (NYSE:BLDR) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 17,604 shares of the company’s stock, valued at approximately $1,004,000.

A number of other large investors have also bought and sold shares of the business. BlackRock Inc. acquired a new stake in Builders FirstSource during the 2nd quarter worth approximately $700,934,000. Diamond Hill Capital Management LLC Investment Advisor bought a new position in Builders FirstSource in the second quarter valued at approximately $134,908,000. Bank of America Corp DE bought a new position in Builders FirstSource in the second quarter valued at approximately $83,832,000. Fort Washington Investment Advisors Inc. OH acquired a new position in shares of Builders FirstSource in the third quarter valued at approximately $48,738,000. Finally, Jupiter Topco LLC acquired a new position in shares of Builders FirstSource in the second quarter valued at approximately $73,935,000. 95.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on BLDR shares. Melius Research started coverage on shares of Builders FirstSource in a research report on Tuesday, October 6th. They set a “sell” rating and a $52.00 price objective for the company. Stifel Nicolaus boosted their price objective on shares of Builders FirstSource from $55.00 to $58.00 and gave the company a “hold” rating in a research report on Monday. Loop Capital lowered shares of Builders FirstSource from a “buy” rating to a “hold” rating and set a $62.00 target price for the company. in a research note on Monday, October 26th. Citizens Jmp assumed coverage on Builders FirstSource in a report on Friday, August 21st. They set a “market perform” rating for the company. Finally, Royal Bank Of Canada lowered their target price on Builders FirstSource from $62.00 to $56.00 and set a “sector perform” rating for the company in a report on Friday, October 30th. Seven research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Builders FirstSource presently has a consensus rating of “Hold” and a consensus price target of $75.55.

Builders FirstSource Trading Down 5.9%

NYSE BLDR opened at $65.41 on Friday. The stock has a market capitalization of $7.04 billion, a price-to-earnings ratio of 176.79, a PEG ratio of 1.93 and a beta of 1.41. The stock’s 50 day moving average price is $59.03 and its two-hundred day moving average price is $79.51. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.14 and a current ratio of 1.85. Builders FirstSource, Inc. has a 52 week low of $49.67 and a 52 week high of $131.50.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.45. The firm had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. Builders FirstSource had a return on equity of 10.77% and a net margin of 0.28%. The business’s revenue was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.88 EPS. As a group, analysts anticipate that Builders FirstSource, Inc. will post 3.68 earnings per share for the current fiscal year.

About Builders FirstSource

Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.