Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lowered its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 1.5% during the fourth quarter, Holdings Channel reports. The firm owned 25,148 shares of the company’s stock after selling 375 shares during the period. Sanctuary Advisors LLC’s holdings in Builders FirstSource were worth $3,594,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. World Equity Group Inc. raised its stake in Builders FirstSource by 4.1% during the 3rd quarter. World Equity Group Inc. now owns 1,632 shares of the company’s stock worth $316,000 after acquiring an additional 64 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of Builders FirstSource by 0.3% during the third quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock worth $4,296,000 after purchasing an additional 64 shares during the last quarter. Integrated Investment Consultants LLC increased its position in shares of Builders FirstSource by 0.4% during the fourth quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock worth $2,145,000 after purchasing an additional 65 shares in the last quarter. TFB Advisors LLC lifted its holdings in shares of Builders FirstSource by 2.1% in the 4th quarter. TFB Advisors LLC now owns 3,819 shares of the company’s stock valued at $546,000 after purchasing an additional 79 shares during the last quarter. Finally, Private Trust Co. NA lifted its holdings in shares of Builders FirstSource by 14.6% in the 3rd quarter. Private Trust Co. NA now owns 642 shares of the company’s stock valued at $124,000 after purchasing an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Performance

Shares of BLDR opened at $137.14 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83. Builders FirstSource, Inc. has a 52-week low of $130.75 and a 52-week high of $214.70. The company has a 50-day simple moving average of $154.21 and a 200-day simple moving average of $170.52. The company has a market capitalization of $15.78 billion, a PE ratio of 13.39, a P/E/G ratio of 0.81 and a beta of 2.12.

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, beating analysts’ consensus estimates of $2.18 by $0.13. Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. The company had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.90 billion. Equities research analysts predict that Builders FirstSource, Inc. will post 11.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on BLDR. DA Davidson raised their price target on Builders FirstSource from $169.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Stephens raised their target price on shares of Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Raymond James reiterated an “outperform” rating and issued a $170.00 price target (down previously from $180.00) on shares of Builders FirstSource in a research report on Friday. Barclays decreased their price target on shares of Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. Finally, StockNews.com lowered shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Four equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Builders FirstSource has an average rating of “Moderate Buy” and a consensus target price of $196.88.

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.