16,045 Shares in Builders FirstSource, Inc. $BLDR Bought by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new position in Builders FirstSource, Inc. (NYSE:BLDR) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 16,045 shares of the company’s stock, valued at approximately $915,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Wedbush Securities Inc. grew its position in shares of Builders FirstSource by 5.3% in the second quarter. Wedbush Securities Inc. now owns 2,927 shares of the company’s stock valued at $262,000 after purchasing an additional 147 shares in the last quarter. Private Advisor Group LLC lifted its position in Builders FirstSource by 5.9% during the first quarter. Private Advisor Group LLC now owns 2,890 shares of the company’s stock worth $238,000 after buying an additional 162 shares in the last quarter. Altshuler Shaham Ltd lifted its position in Builders FirstSource by 2.4% during the first quarter. Altshuler Shaham Ltd now owns 7,600 shares of the company’s stock worth $626,000 after buying an additional 180 shares in the last quarter. Mufg Securities Americas Inc. lifted its position in Builders FirstSource by 5.9% during the second quarter. Mufg Securities Americas Inc. now owns 3,240 shares of the company’s stock worth $290,000 after buying an additional 180 shares in the last quarter. Finally, American Trust boosted its stake in Builders FirstSource by 6.7% during the first quarter. American Trust now owns 3,138 shares of the company’s stock worth $258,000 after buying an additional 197 shares during the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BLDR has been the subject of several analyst reports. KeyCorp dropped their target price on Builders FirstSource from $91.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, October 30th. Oppenheimer reduced their price target on Builders FirstSource from $90.00 to $78.00 and set an “outperform” rating on the stock in a report on Friday, October 16th. Barclays lowered their price target on shares of Builders FirstSource from $81.00 to $70.00 and set an “overweight” rating on the stock in a research report on Friday, October 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Builders FirstSource in a research report on Monday, October 19th. Finally, Benchmark dropped their price objective on shares of Builders FirstSource from $105.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. Seven equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $75.55.

Builders FirstSource Price Performance

Shares of BLDR opened at $65.88 on Tuesday. Builders FirstSource, Inc. has a 1-year low of $49.67 and a 1-year high of $131.50. The stock has a market cap of $7.09 billion, a PE ratio of 178.06, a P/E/G ratio of 1.93 and a beta of 1.41. The firm has a 50-day simple moving average of $58.90 and a two-hundred day simple moving average of $78.91. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.85 and a quick ratio of 1.14.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.45. Builders FirstSource had a net margin of 0.28% and a return on equity of 10.77%. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same period in the previous year, the firm earned $1.88 EPS. The business’s revenue was down 2.2% on a year-over-year basis. As a group, analysts forecast that Builders FirstSource, Inc. will post 3.68 EPS for the current year.

Builders FirstSource Profile