Builders FirstSource, Inc. (NYSE:BLDR) Shares Bought by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC lifted its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,008 shares of the company’s stock after buying an additional 65 shares during the period. Integrated Investment Consultants LLC’s holdings in Builders FirstSource were worth $2,145,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Choreo LLC bought a new position in Builders FirstSource in the 2nd quarter valued at about $224,000. Envestnet Asset Management Inc. lifted its stake in shares of Builders FirstSource by 9.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 146,248 shares of the company’s stock worth $20,242,000 after acquiring an additional 12,693 shares during the period. Mutual of America Capital Management LLC boosted its holdings in shares of Builders FirstSource by 28.4% in the second quarter. Mutual of America Capital Management LLC now owns 43,230 shares of the company’s stock valued at $5,983,000 after acquiring an additional 9,563 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of Builders FirstSource by 9.2% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,879 shares of the company’s stock valued at $260,000 after acquiring an additional 159 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its holdings in Builders FirstSource by 0.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,240 shares of the company’s stock worth $1,417,000 after purchasing an additional 74 shares in the last quarter. 95.53% of the stock is owned by institutional investors.

Insider Activity at Builders FirstSource

In related news, Director Cleveland A. Christophe sold 10,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $178.41, for a total value of $1,784,100.00. Following the transaction, the director now owns 33,083 shares in the company, valued at approximately $5,902,338.03. This represents a 23.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group initiated coverage on Builders FirstSource in a research report on Thursday, October 10th. They set a “buy” rating and a $225.00 price target on the stock. Loop Capital boosted their price target on shares of Builders FirstSource from $190.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Barclays reduced their price objective on shares of Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating for the company in a research report on Thursday. Stephens boosted their target price on shares of Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Finally, Oppenheimer reissued an “outperform” rating and set a $225.00 target price on shares of Builders FirstSource in a research note on Tuesday, October 29th. Four analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Builders FirstSource currently has an average rating of “Moderate Buy” and a consensus price target of $205.71.

Builders FirstSource Price Performance

Shares of BLDR opened at $164.09 on Friday. The business’s 50-day moving average is $163.99 and its 200-day moving average is $169.30. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.77 and a quick ratio of 1.16. The company has a market capitalization of $18.88 billion, a price-to-earnings ratio of 16.02, a P/E/G ratio of 0.75 and a beta of 2.11. Builders FirstSource, Inc. has a fifty-two week low of $130.75 and a fifty-two week high of $214.70.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings data on Tuesday, November 5th. The company reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.09 by ($0.02). Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. The company had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.44 billion. During the same quarter in the prior year, the company posted $4.24 EPS. The firm’s quarterly revenue was down 6.7% compared to the same quarter last year. Equities research analysts expect that Builders FirstSource, Inc. will post 11.55 EPS for the current fiscal year.

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.