AYAL Capital Advisors Ltd Purchases Shares of 40,000 Builders FirstSource, Inc. $BLDR

AYAL Capital Advisors Ltd acquired a new position in Builders FirstSource, Inc. (NYSE:BLDR) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 40,000 shares of the company’s stock, valued at approximately $4,668,000. Builders FirstSource accounts for approximately 1.1% of AYAL Capital Advisors Ltd’s portfolio, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Smithfield Trust Co boosted its stake in Builders FirstSource by 187.7% during the second quarter. Smithfield Trust Co now owns 420 shares of the company’s stock worth $49,000 after buying an additional 274 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of Builders FirstSource in the 2nd quarter valued at $67,000. Elevation Point Wealth Partners LLC bought a new position in shares of Builders FirstSource during the 2nd quarter worth about $67,000. Smartleaf Asset Management LLC boosted its position in shares of Builders FirstSource by 21.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock valued at $78,000 after acquiring an additional 109 shares in the last quarter. Finally, Brooklyn Investment Group increased its stake in Builders FirstSource by 363.9% in the first quarter. Brooklyn Investment Group now owns 719 shares of the company’s stock valued at $90,000 after acquiring an additional 564 shares during the period. 95.53% of the stock is currently owned by institutional investors.

Builders FirstSource Trading Down 1.3%

Shares of BLDR opened at $108.41 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.15 and a current ratio of 1.79. The company has a market cap of $11.99 billion, a price-to-earnings ratio of 20.65, a PEG ratio of 11.75 and a beta of 1.56. The stock has a fifty day moving average price of $113.50 and a two-hundred day moving average price of $122.42. Builders FirstSource, Inc. has a 52-week low of $94.35 and a 52-week high of $175.12.

Builders FirstSource (NYSE:BLDR) last announced its earnings results on Thursday, October 30th. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.69 by $0.19. Builders FirstSource had a return on equity of 21.28% and a net margin of 3.79%.The company had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.86 billion. During the same quarter in the prior year, the business earned $3.07 earnings per share. The business’s revenue for the quarter was down 6.9% on a year-over-year basis. Analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BLDR. Stephens cut their price target on shares of Builders FirstSource from $140.00 to $137.00 in a research note on Monday, November 3rd. Zacks Research upgraded Builders FirstSource from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft decreased their price target on Builders FirstSource from $134.00 to $131.00 and set a “hold” rating on the stock in a research note on Monday, November 3rd. Wall Street Zen upgraded Builders FirstSource from a “sell” rating to a “hold” rating in a research note on Saturday, August 30th. Finally, UBS Group lifted their price objective on Builders FirstSource from $158.00 to $166.00 and gave the company a “buy” rating in a report on Friday, October 31st. Ten equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $136.86.

About Builders FirstSource

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.