1,096 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Acquired by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC acquired a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,096 shares of the company’s stock, valued at approximately $229,000.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in 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. Westfield Capital Management Co. LP increased its stake in Builders FirstSource by 11.2% in the fourth 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 during the period. Boston Partners increased its stake in Builders FirstSource by 73.5% in the fourth quarter. Boston Partners now owns 1,366,784 shares of the company’s stock worth $227,464,000 after purchasing an additional 578,961 shares during the period. Norges Bank purchased a new stake in Builders FirstSource in the fourth quarter worth $212,209,000. Finally, Frontier Capital Management Co. LLC increased its stake in Builders FirstSource by 34.8% in the fourth quarter. Frontier Capital Management Co. LLC now owns 1,133,751 shares of the company’s stock worth $189,268,000 after purchasing an additional 292,966 shares during the period. 95.53% of the stock is owned by hedge funds and other institutional investors.

Builders FirstSource Trading Down 0.2 %

Shares of BLDR stock traded down $0.37 during mid-day trading on Tuesday, hitting $167.72. 148,192 shares of the company’s stock were exchanged, compared to its average volume of 1,600,806. Builders FirstSource, Inc. has a fifty-two week low of $105.24 and a fifty-two week high of $214.70. The stock has a 50-day simple moving average of $150.73 and a two-hundred day simple moving average of $173.86. 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 stock has a market cap of $20.47 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 2.69 and a beta of 2.04.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Tuesday, May 7th. The company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.23. Builders FirstSource had a return on equity of 38.66% and a net margin of 8.57%. The firm had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.83 billion. During the same quarter last year, the firm earned $2.96 earnings per share. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. Equities analysts expect that Builders FirstSource, Inc. will post 12.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BLDR shares. Robert W. Baird reduced their target price on Builders FirstSource from $207.00 to $197.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 8th. Zelman & Associates reaffirmed a “hold” rating on shares of Builders FirstSource in a research report on Monday, June 17th. Oppenheimer reaffirmed an “outperform” rating and set a $230.00 price objective (down previously from $242.00) on shares of Builders FirstSource in a research report on Monday. Bank of America cut their price objective on Builders FirstSource from $195.00 to $183.00 and set a “buy” rating for the company in a research report on Thursday, June 6th. Finally, Jefferies Financial Group boosted their price objective on Builders FirstSource from $226.00 to $237.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, Builders FirstSource currently has a consensus rating of “Moderate Buy” and a consensus price target of $190.87.

Insider Transactions at Builders FirstSource

In other news, insider Paul M. Mccrobie sold 9,118 shares of the company’s stock in a transaction dated 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 sale, the insider now owns 22,667 shares of the company’s stock, valued at $3,855,883.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, insider Paul M. Mccrobie sold 9,118 shares of the business’s stock in a transaction dated 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 transaction, the insider now owns 22,667 shares in the company, valued at $3,855,883.37. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Michael Hiller sold 4,875 shares of the business’s stock in a transaction dated 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 owns 30,106 shares in the company, valued at approximately $4,794,380.50. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

Builders FirstSource Company Profile

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.