Cromwell Holdings LLC Sells 116 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Cromwell Holdings LLC reduced its position in Builders FirstSource, Inc. (NYSE:BLDR) by 28.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 285 shares of the company’s stock after selling 116 shares during the period. Cromwell Holdings LLC’s holdings in Builders FirstSource were worth $41,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BLDR. Mountaineer Partners Management LLC bought a new stake in Builders FirstSource in the 3rd quarter valued at about $2,099,877,000. FMR LLC raised its stake in Builders FirstSource by 45.7% in the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company’s stock valued at $1,969,259,000 after acquiring an additional 3,186,876 shares during the period. Baillie Gifford & Co. bought a new stake in shares of Builders FirstSource during the third quarter valued at about $267,132,000. Diamond Hill Capital Management Inc. bought a new stake in shares of Builders FirstSource during the third quarter valued at about $255,867,000. Finally, Loomis Sayles & Co. L P increased its position in shares of Builders FirstSource by 256,479.8% during the third quarter. Loomis Sayles & Co. L P now owns 661,976 shares of the company’s stock valued at $128,331,000 after buying an additional 661,718 shares during the period. 95.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on BLDR. Stephens upped their price target on Builders FirstSource from $178.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Wedbush reiterated an “outperform” rating and set a $230.00 price target on shares of Builders FirstSource in a research report on Wednesday, December 18th. UBS Group began coverage on Builders FirstSource in a research report on Friday, October 25th. They set a “buy” rating and a $232.00 price target on the stock. Stifel Nicolaus reiterated a “buy” rating and set a $175.00 price target on shares of Builders FirstSource in a research report on Wednesday, January 8th. Finally, StockNews.com cut Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Four equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $205.71.

Builders FirstSource Stock Down 0.1 %

Shares of BLDR opened at $144.59 on Friday. The firm has a market cap of $16.64 billion, a P/E ratio of 14.12, a P/E/G ratio of 0.82 and a beta of 2.12. The stock has a 50 day simple moving average of $154.79 and a two-hundred day simple moving average of $170.61. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.77 and a quick ratio of 1.16. Builders FirstSource, Inc. has a 1 year low of $130.75 and a 1 year high of $214.70.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Thursday, February 20th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.13. Builders FirstSource had a return on equity of 33.55% and a net margin of 7.40%. On average, analysts forecast that Builders FirstSource, Inc. will post 11.5 earnings per share for the current fiscal year.

Builders FirstSource 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.