Polianta Ltd Takes Position in Builders FirstSource, Inc. $BLDR

Polianta Ltd purchased a new stake in Builders FirstSource, Inc. (NYSE:BLDR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,700 shares of the company’s stock, valued at approximately $1,409,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Tran Capital Management L.P. raised its holdings in shares of Builders FirstSource by 2,930.4% in the third quarter. Tran Capital Management L.P. now owns 102,154 shares of the company’s stock valued at $12,386,000 after acquiring an additional 98,783 shares in the last quarter. Strs Ohio grew its holdings in Builders FirstSource by 24.0% during the 3rd quarter. Strs Ohio now owns 118,594 shares of the company’s stock worth $14,380,000 after acquiring an additional 22,926 shares in the last quarter. Candriam S.C.A. grew its holdings in Builders FirstSource by 28.9% during the 3rd quarter. Candriam S.C.A. now owns 53,085 shares of the company’s stock worth $6,437,000 after acquiring an additional 11,891 shares in the last quarter. Moody Lynn & Lieberson LLC purchased a new position in Builders FirstSource during the 3rd quarter valued at about $8,925,000. Finally, Fieldview Capital Management LLC purchased a new position in Builders FirstSource during the 3rd quarter valued at about $2,944,000. Institutional investors own 95.53% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BLDR shares. Stephens reaffirmed an “equal weight” rating and issued a $125.00 price target on shares of Builders FirstSource in a research report on Tuesday, March 24th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Builders FirstSource from $117.00 to $102.00 and set a “hold” rating on the stock in a report on Monday, February 23rd. DA Davidson reduced their price objective on shares of Builders FirstSource from $115.00 to $111.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. UBS Group lowered their target price on Builders FirstSource from $166.00 to $143.00 and set a “buy” rating for the company in a report on Tuesday, January 6th. Finally, Barclays dropped their target price on Builders FirstSource from $136.00 to $124.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Ten analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $126.65.

Insiders Place Their Bets

In related news, Director Paul S. Levy acquired 50,000 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were purchased at an average price of $87.73 per share, for a total transaction of $4,386,500.00. Following the completion of the acquisition, the director directly owned 1,727,191 shares in the company, valued at $151,526,466.43. The trade was a 2.98% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.80% of the company’s stock.

Builders FirstSource Stock Performance

Shares of BLDR opened at $78.81 on Tuesday. The company has a current ratio of 1.86, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. The firm has a market cap of $8.72 billion, a PE ratio of 20.31, a P/E/G ratio of 1.94 and a beta of 1.56. Builders FirstSource, Inc. has a 12 month low of $78.55 and a 12 month high of $151.03. The stock has a fifty day moving average price of $105.01 and a 200-day moving average price of $111.43.

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

Builders FirstSource Profile

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.