6,027 Shares in Builders FirstSource, Inc. $BLDR Bought by Waratah Capital Advisors Ltd.

Waratah Capital Advisors Ltd. acquired a new stake in Builders FirstSource, Inc. (NYSE:BLDR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,027 shares of the company’s stock, valued at approximately $731,000.

Other large investors also recently bought and sold shares of the company. TD Waterhouse Canada Inc. purchased a new stake in shares of Builders FirstSource in the third quarter valued at about $34,000. CYBER HORNET ETFs LLC purchased a new position in Builders FirstSource during the second quarter worth about $38,000. MUFG Securities EMEA plc acquired a new stake in Builders FirstSource in the second quarter valued at about $38,000. IMA Advisory Services Inc. boosted its holdings in Builders FirstSource by 40.9% in the 3rd quarter. IMA Advisory Services Inc. now owns 355 shares of the company’s stock valued at $43,000 after purchasing an additional 103 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Builders FirstSource in the third quarter valued at approximately $44,000. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Price Performance

BLDR stock opened at $109.77 on Wednesday. The stock’s 50 day moving average price is $114.89 and its 200 day moving average price is $119.77. The firm has a market cap of $12.14 billion, a P/E ratio of 28.29, a PEG ratio of 1.76 and a beta of 1.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.16 and a current ratio of 1.86. Builders FirstSource, Inc. has a 1 year low of $94.35 and a 1 year high of $151.03.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Tuesday, February 17th. The company reported $1.12 earnings per share for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.18). Builders FirstSource had a return on equity of 17.89% and a net margin of 2.87%.The company had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.46 billion. During the same period last year, the firm earned $2.31 earnings per share. The business’s revenue was down 12.1% compared to the same quarter last year. On average, sell-side analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on BLDR. DA Davidson cut their price objective on Builders FirstSource from $115.00 to $111.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Stephens lowered their price target on shares of Builders FirstSource from $137.00 to $125.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 18th. Robert W. Baird reduced their price objective on shares of Builders FirstSource from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Zacks Research downgraded shares of Builders FirstSource from a “hold” rating to a “strong sell” rating in a report on Thursday, February 19th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Builders FirstSource from $117.00 to $102.00 and set a “hold” rating on the stock in a research report on Monday. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $127.39.

About Builders FirstSource

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.