910 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Purchased by GAMMA Investing LLC

GAMMA Investing LLC bought a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 910 shares of the company’s stock, valued at approximately $158,000.

Several other large investors have also modified their holdings of BLDR. Invesco Ltd. boosted its position in shares of Builders FirstSource by 80.8% during the third quarter. Invesco Ltd. now owns 1,956,109 shares of the company’s stock valued at $243,516,000 after buying an additional 874,268 shares during the period. Qube Research & Technologies Ltd raised its stake in Builders FirstSource by 30,560.2% in the third quarter. Qube Research & Technologies Ltd now owns 558,322 shares of the company’s stock worth $69,506,000 after buying an additional 556,501 shares in the last quarter. Jupiter Asset Management Ltd. raised its stake in Builders FirstSource by 678.1% in the third quarter. Jupiter Asset Management Ltd. now owns 493,071 shares of the company’s stock worth $61,382,000 after buying an additional 429,699 shares in the last quarter. AQR Capital Management LLC raised its stake in Builders FirstSource by 19.5% in the third quarter. AQR Capital Management LLC now owns 1,573,870 shares of the company’s stock worth $195,931,000 after buying an additional 256,609 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of Builders FirstSource by 834.6% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 282,811 shares of the company’s stock worth $35,207,000 after purchasing an additional 252,551 shares in the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Insider Transactions at Builders FirstSource

In related news, Director Cory Jacobs Boydston sold 7,759 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $200.00, for a total value of $1,551,800.00. Following the completion of the transaction, the director now directly owns 28,738 shares of the company’s stock, valued at approximately $5,747,600. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Builders FirstSource Trading Up 1.3 %

Builders FirstSource stock opened at $187.64 on Friday. 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 12 month low of $90.35 and a 12 month high of $214.70. The stock’s 50 day simple moving average is $195.18 and its two-hundred day simple moving average is $164.58. The firm has a market cap of $22.88 billion, a PE ratio of 15.65, a P/E/G ratio of 1.16 and a beta of 2.04.

Builders FirstSource (NYSE:BLDR) last announced its earnings results on Thursday, February 22nd. The company reported $3.55 earnings per share for the quarter, topping the consensus estimate of $2.70 by $0.85. The business had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.01 billion. Builders FirstSource had a return on equity of 41.10% and a net margin of 9.01%. Analysts anticipate that Builders FirstSource, Inc. will post 13.83 earnings per share for the current year.

Wall Street Analyst Weigh In

BLDR has been the topic of a number of recent analyst reports. DA Davidson reaffirmed a “neutral” rating and set a $185.00 price target on shares of Builders FirstSource in a research report on Thursday, March 28th. Bank of America raised Builders FirstSource from a “neutral” rating to a “buy” rating and upped their price target for the stock from $153.00 to $200.00 in a research report on Monday, January 29th. Jefferies Financial Group upped their price target on Builders FirstSource from $226.00 to $237.00 and gave the stock a “buy” rating in a research report on Thursday, April 18th. Oppenheimer upped their price target on Builders FirstSource from $220.00 to $242.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. Finally, Wedbush upped their price target on Builders FirstSource from $175.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, February 12th. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $190.06.

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.