Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Savant Capital LLC

Savant Capital LLC cut its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 6.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,120 shares of the company’s stock after selling 147 shares during the quarter. Savant Capital LLC’s holdings in Builders FirstSource were worth $354,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Contravisory Investment Management Inc. acquired a new position in Builders FirstSource during the 4th quarter valued at approximately $28,000. Rakuten Securities Inc. bought a new stake in Builders FirstSource in the fourth quarter valued at $29,000. Rock Creek Group LP acquired a new position in shares of Builders FirstSource during the third quarter valued at $30,000. BluePath Capital Management LLC bought a new position in shares of Builders FirstSource during the third quarter worth about $31,000. Finally, Raleigh Capital Management Inc. increased its holdings in shares of Builders FirstSource by 134.0% in the 3rd quarter. Raleigh Capital Management Inc. now owns 248 shares of the company’s stock worth $31,000 after acquiring an additional 142 shares during the period. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Price Performance

BLDR stock opened at $195.81 on Monday. The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 0.67. Builders FirstSource, Inc. has a one year low of $105.24 and a one year high of $214.70. The firm has a market capitalization of $23.88 billion, a PE ratio of 16.33, a P/E/G ratio of 1.22 and a beta of 2.08. The firm has a 50-day moving average of $195.49 and a two-hundred day moving average of $168.15.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $3.55 EPS for the quarter, beating analysts’ consensus estimates of $2.70 by $0.85. Builders FirstSource had a net margin of 9.01% and a return on equity of 41.10%. The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.01 billion. On average, analysts forecast that Builders FirstSource, Inc. will post 13.83 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Barclays upped their target price on shares of Builders FirstSource from $235.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, April 4th. DA Davidson restated a “neutral” rating and issued a $185.00 target price on shares of Builders FirstSource in a research report on Thursday, March 28th. StockNews.com upgraded Builders FirstSource from a “hold” rating to a “buy” rating in a research report on Wednesday, February 21st. Wedbush raised their price target on Builders FirstSource from $175.00 to $225.00 and gave the company an “outperform” rating in a report on Monday, February 12th. Finally, Royal Bank of Canada upped their price objective on shares of Builders FirstSource from $186.00 to $211.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. Three equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $200.50.

Insider Transactions at Builders FirstSource

In other news, Director Cory Jacobs Boydston sold 7,759 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $200.00, for a total value of $1,551,800.00. Following the completion of the sale, the director now directly owns 28,738 shares of the company’s stock, valued at $5,747,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is owned by insiders.

Builders FirstSource Profile

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.