Kapitalo Investimentos Ltda Has $302,000 Stake in Builders FirstSource, Inc. (NYSE:BLDR)

Kapitalo Investimentos Ltda reduced its stake in shares of Builders FirstSource, Inc. (NYSE:BLDRFree Report) by 67.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,809 shares of the company’s stock after selling 3,826 shares during the quarter. Kapitalo Investimentos Ltda’s holdings in Builders FirstSource were worth $302,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Builders FirstSource by 15.7% during the 4th quarter. Vanguard Group Inc. now owns 14,668,049 shares of the company’s stock valued at $2,448,684,000 after buying an additional 1,985,297 shares during the period. Invesco Ltd. boosted its position in 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 purchasing an additional 874,268 shares during the last quarter. AQR Capital Management LLC increased its position in Builders FirstSource by 19.5% in the 3rd quarter. AQR Capital Management LLC now owns 1,573,870 shares of the company’s stock worth $195,931,000 after purchasing an additional 256,609 shares during the last quarter. Westfield Capital Management Co. LP raised its stake in shares of Builders FirstSource by 11.2% during the 4th quarter. Westfield Capital Management Co. LP now owns 1,416,611 shares of the company’s stock worth $236,489,000 after purchasing an additional 143,041 shares in the last quarter. Finally, Boston Partners lifted its holdings in shares of Builders FirstSource by 73.5% during the 4th quarter. Boston Partners now owns 1,366,784 shares of the company’s stock valued at $227,464,000 after buying an additional 578,961 shares during the last quarter. 95.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on BLDR shares. Robert W. Baird dropped their price objective on Builders FirstSource from $207.00 to $197.00 and set a “neutral” rating on the stock in a report on Wednesday, May 8th. Wedbush reaffirmed an “outperform” rating and issued a $215.00 price objective (down previously from $225.00) on shares of Builders FirstSource in a research note on Tuesday, May 7th. Jefferies Financial Group increased their target price on shares of Builders FirstSource from $226.00 to $237.00 and gave the stock a “buy” rating in a research report on Thursday, April 18th. Oppenheimer boosted 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, Zelman & Associates reissued a “hold” rating on shares of Builders FirstSource in a report on Monday. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $195.13.

Read Our Latest Stock Analysis on Builders FirstSource

Insider Transactions at Builders FirstSource

In related news, insider Michael Hiller sold 4,875 shares of the company’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $159.25, for a total value of $776,343.75. Following the completion of the transaction, the insider now directly owns 30,106 shares in the company, valued at $4,794,380.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Paul M. Mccrobie sold 9,118 shares of the stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $170.11, for a total value of $1,551,062.98. Following the completion of the transaction, the insider now directly owns 22,667 shares of the company’s stock, valued at approximately $3,855,883.37. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael Hiller sold 4,875 shares of the business’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $159.25, for a total value of $776,343.75. Following the completion of the sale, the insider now directly owns 30,106 shares in the company, valued at approximately $4,794,380.50. The disclosure for this sale can be found here. 1.80% of the stock is owned by insiders.

Builders FirstSource Stock Performance

Builders FirstSource stock traded down $0.47 during mid-day trading on Tuesday, reaching $149.46. The company had a trading volume of 120,385 shares, compared to its average volume of 1,506,762. The company has a 50 day moving average of $170.47 and a 200-day moving average of $176.37. Builders FirstSource, Inc. has a 52 week low of $105.24 and a 52 week high of $214.70. The company has a quick ratio of 1.45, a current ratio of 2.21 and a debt-to-equity ratio of 0.75. The firm has a market cap of $18.24 billion, a price-to-earnings ratio of 12.84, a PEG ratio of 2.41 and a beta of 2.08.

Builders FirstSource (NYSE:BLDRGet Free Report) last released its earnings results on Tuesday, May 7th. The company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.23. Builders FirstSource had a net margin of 8.57% and a return on equity of 38.66%. The business had revenue of $3.89 billion during the quarter, compared to analysts’ expectations of $3.83 billion. During the same quarter last year, the company earned $2.96 earnings per share. The firm’s revenue was up .2% on a year-over-year basis. On average, sell-side analysts expect that Builders FirstSource, Inc. will post 12.93 EPS for the current fiscal year.

About Builders FirstSource

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Builders FirstSource (NYSE:BLDR)

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