Polianta Ltd Acquires Shares of 13,700 Builders FirstSource, Inc. $BLDR

Polianta Ltd bought a new position in Builders FirstSource, Inc. (NYSE:BLDR) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 13,700 shares of the company’s stock, valued at approximately $1,409,000.

Several other hedge funds have also recently made changes to their positions in BLDR. Eastern Bank grew its position in Builders FirstSource by 42.1% in the fourth quarter. Eastern Bank now owns 746 shares of the company’s stock worth $77,000 after acquiring an additional 221 shares in the last quarter. Wedge Capital Management L L P NC raised its position in Builders FirstSource by 17.3% during the fourth quarter. Wedge Capital Management L L P NC now owns 66,591 shares of the company’s stock valued at $6,852,000 after purchasing an additional 9,798 shares during the period. Wincap Financial LLC lifted its stake in shares of Builders FirstSource by 4.9% in the 4th quarter. Wincap Financial LLC now owns 11,413 shares of the company’s stock valued at $1,174,000 after purchasing an additional 535 shares during the last quarter. Kathmere Capital Management LLC lifted its stake in shares of Builders FirstSource by 6.6% in the 4th quarter. Kathmere Capital Management LLC now owns 3,364 shares of the company’s stock valued at $346,000 after purchasing an additional 209 shares during the last quarter. Finally, Czech National Bank boosted its holdings in shares of Builders FirstSource by 3.8% in the 4th quarter. Czech National Bank now owns 29,150 shares of the company’s stock worth $2,999,000 after purchasing an additional 1,073 shares during the period. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

Builders FirstSource Price Performance

Shares of BLDR stock opened at $78.81 on Tuesday. The stock has a 50 day moving average price of $105.01 and a 200 day moving average price of $111.43. Builders FirstSource, Inc. has a 52-week low of $78.55 and a 52-week high of $151.03. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.16 and a current ratio of 1.86. The firm has a market capitalization of $8.72 billion, a P/E ratio of 20.31, a P/E/G ratio of 1.94 and a beta of 1.56.

Builders FirstSource (NYSE:BLDR) last announced 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). Builders FirstSource had a net margin of 2.87% and a return on equity of 17.89%. The business had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same period last year, the company earned $2.31 EPS. The business’s revenue was down 12.1% compared to the same quarter last year. As a group, sell-side analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. William Blair started coverage on Builders FirstSource in a report on Thursday, February 26th. They set an “outperform” rating on the stock. Royal Bank Of Canada raised shares of Builders FirstSource from a “sector perform” rating to an “outperform” rating and set a $119.00 price objective for the company in a research note on Thursday, March 5th. Weiss Ratings cut shares of Builders FirstSource from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 20th. Barclays reduced their target price on shares of Builders FirstSource from $136.00 to $124.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Finally, Wells Fargo & Company raised their target price on shares of Builders FirstSource from $115.00 to $120.00 and gave the stock a “cautious” rating in a report on Wednesday, February 11th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Builders FirstSource presently has a consensus rating of “Hold” and an average price target of $126.65.

Insider Activity at Builders FirstSource

In related news, Director Paul S. Levy purchased 50,000 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were purchased at an average cost of $87.73 per share, for a total transaction of $4,386,500.00. Following the completion of the acquisition, the director owned 1,727,191 shares in the company, valued at approximately $151,526,466.43. This trade represents a 2.98% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.80% of the company’s stock.

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.