Builders FirstSource, Inc. (BLDR) Holdings Reduced by EAM Investors LLC

EAM Investors LLC reduced its stake in Builders FirstSource, Inc. (NASDAQ:BLDR) by 4.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,434 shares of the company’s stock after selling 8,600 shares during the period. EAM Investors LLC owned 0.15% of Builders FirstSource worth $2,994,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. UBS Asset Management Americas Inc. grew its position in shares of Builders FirstSource by 147.3% during the first quarter. UBS Asset Management Americas Inc. now owns 36,594 shares of the company’s stock worth $545,000 after acquiring an additional 21,796 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in shares of Builders FirstSource by 71.1% during the first quarter. Parametric Portfolio Associates LLC now owns 63,902 shares of the company’s stock worth $952,000 after acquiring an additional 26,557 shares during the last quarter. Prudential Financial Inc. purchased a new position in shares of Builders FirstSource during the first quarter worth approximately $356,000. Principal Financial Group Inc. grew its position in shares of Builders FirstSource by 65.4% during the first quarter. Principal Financial Group Inc. now owns 19,380 shares of the company’s stock worth $289,000 after acquiring an additional 7,662 shares during the last quarter. Finally, Teachers Advisors LLC grew its position in shares of Builders FirstSource by 38.8% during the first quarter. Teachers Advisors LLC now owns 273,307 shares of the company’s stock worth $4,072,000 after acquiring an additional 76,447 shares during the last quarter. Institutional investors own 89.17% of the company’s stock.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Builders FirstSource from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Barclays PLC raised their target price on shares of Builders FirstSource from $15.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Friday, November 10th. SunTrust Banks, Inc. restated a “buy” rating and set a $20.00 target price on shares of Builders FirstSource in a research report on Friday, November 10th. B. Riley raised their target price on shares of Builders FirstSource from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Finally, Wedbush restated a “buy” rating and set a $20.00 target price on shares of Builders FirstSource in a research report on Thursday, September 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $19.50.

In related news, SVP Donald F. Mcaleenan sold 166,714 shares of Builders FirstSource stock in a transaction on Monday, November 13th. The shares were sold at an average price of $18.16, for a total value of $3,027,526.24. Following the transaction, the senior vice president now directly owns 179,805 shares in the company, valued at approximately $3,265,258.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Jll Partners Fund V. Lp sold 13,482,177 shares of Builders FirstSource stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $16.17, for a total transaction of $218,006,802.09. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,970,466 shares of company stock worth $226,651,588. 14.60% of the stock is currently owned by insiders.

Builders FirstSource, Inc. (NASDAQ:BLDR) traded up $0.40 during trading hours on Tuesday, reaching $19.54. 1,492,300 shares of the company were exchanged, compared to its average volume of 1,209,604. Builders FirstSource, Inc. has a 1 year low of $10.51 and a 1 year high of $19.57. The company has a current ratio of 1.86, a quick ratio of 1.06 and a debt-to-equity ratio of 4.46. The stock has a market cap of $2,160.00, a price-to-earnings ratio of 18.58 and a beta of 2.14.

Builders FirstSource (NASDAQ:BLDR) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Builders FirstSource had a net margin of 1.29% and a return on equity of 33.66%. The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the firm posted $0.61 EPS. Builders FirstSource’s quarterly revenue was up 7.6% on a year-over-year basis. equities research analysts anticipate that Builders FirstSource, Inc. will post 1.06 earnings per share for the current year.

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About Builders FirstSource

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

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

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