24,279 Shares in Builders FirstSource, Inc. $BLDR Acquired by Fieldview Capital Management LLC

Fieldview Capital Management LLC acquired a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 24,279 shares of the company’s stock, valued at approximately $2,944,000.

Several other large investors have also recently bought and sold shares of BLDR. TD Waterhouse Canada Inc. bought a new position in shares of Builders FirstSource during the third quarter worth $34,000. CYBER HORNET ETFs LLC bought a new stake in shares of Builders FirstSource in the 2nd quarter valued at $38,000. MUFG Securities EMEA plc bought a new stake in shares of Builders FirstSource in the 2nd quarter valued at $38,000. IMA Advisory Services Inc. raised its stake in Builders FirstSource by 40.9% during the 3rd quarter. IMA Advisory Services Inc. now owns 355 shares of the company’s stock worth $43,000 after buying an additional 103 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Builders FirstSource during the 3rd quarter worth $44,000. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Down 2.4%

NYSE:BLDR opened at $93.18 on Monday. Builders FirstSource, Inc. has a twelve month low of $89.72 and a twelve month high of $151.03. The firm has a market capitalization of $10.31 billion, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 2.25 and a beta of 1.56. The company has a quick ratio of 1.16, a current ratio of 1.86 and a debt-to-equity ratio of 1.02. The stock’s 50 day moving average price is $114.14 and its two-hundred day moving average price is $117.65.

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. The Goldman Sachs Group decreased their target price on Builders FirstSource from $150.00 to $142.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Benchmark dropped their price target on Builders FirstSource from $142.00 to $138.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Barclays cut their price objective on Builders FirstSource from $136.00 to $124.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Stephens reduced their price target on shares of Builders FirstSource from $137.00 to $125.00 and set an “equal weight” rating for the company in a report on Wednesday, February 18th. Finally, Wells Fargo & Company upped their price objective on Builders FirstSource from $115.00 to $120.00 and gave the stock a “cautious” rating in a research report on Wednesday, February 11th. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, Builders FirstSource currently has a consensus rating of “Hold” and a consensus target price of $127.81.

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.