Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Savant Capital LLC

Savant Capital LLC decreased its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 6.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,120 shares of the company’s stock after selling 147 shares during the quarter. Savant Capital LLC’s holdings in Builders FirstSource were worth $354,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Private Trust Co. NA raised its holdings in Builders FirstSource by 30.7% in the 4th quarter. Private Trust Co. NA now owns 345 shares of the company’s stock valued at $58,000 after acquiring an additional 81 shares during the last quarter. V Square Quantitative Management LLC boosted its stake in Builders FirstSource by 10.2% during the third quarter. V Square Quantitative Management LLC now owns 915 shares of the company’s stock worth $114,000 after buying an additional 85 shares during the last quarter. Mezzasalma Advisors LLC increased its stake in shares of Builders FirstSource by 0.6% in the 3rd quarter. Mezzasalma Advisors LLC now owns 14,715 shares of the company’s stock worth $1,832,000 after acquiring an additional 90 shares during the last quarter. iA Global Asset Management Inc. raised its holdings in shares of Builders FirstSource by 2.9% during the 3rd quarter. iA Global Asset Management Inc. now owns 3,391 shares of the company’s stock worth $422,000 after acquiring an additional 97 shares during the period. Finally, Financial Enhancement Group LLC boosted its position in shares of Builders FirstSource by 2.5% during the 4th quarter. Financial Enhancement Group LLC now owns 4,101 shares of the company’s stock valued at $675,000 after acquiring an additional 99 shares during the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Builders FirstSource

In other Builders FirstSource news, Director Cory Jacobs Boydston sold 7,759 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $200.00, for a total value of $1,551,800.00. Following the sale, the director now directly owns 28,738 shares of the company’s stock, valued at approximately $5,747,600. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on BLDR shares. Royal Bank of Canada lifted their target price on shares of Builders FirstSource from $186.00 to $211.00 and gave the stock an “outperform” rating in a research note on Friday, February 23rd. StockNews.com raised Builders FirstSource from a “hold” rating to a “buy” rating in a research note on Wednesday, February 21st. Jefferies Financial Group upped their price target on Builders FirstSource from $226.00 to $237.00 and gave the company a “buy” rating in a research note on Thursday, April 18th. Wedbush raised their price objective on Builders FirstSource from $175.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, February 12th. Finally, Oppenheimer upped their target price on shares of Builders FirstSource from $220.00 to $242.00 and gave the company an “outperform” rating in a research report on Friday, February 23rd. Three equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $200.50.

Builders FirstSource Stock Performance

Shares of BLDR stock opened at $195.81 on Monday. Builders FirstSource, Inc. has a 52 week low of $105.24 and a 52 week high of $214.70. The firm has a 50 day moving average of $195.49 and a two-hundred day moving average of $168.15. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $23.88 billion, a PE ratio of 16.33, a P/E/G ratio of 1.22 and a beta of 2.08.

Builders FirstSource (NYSE:BLDR) last released its earnings results on Thursday, February 22nd. The company reported $3.55 EPS for the quarter, topping the consensus estimate of $2.70 by $0.85. The firm had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.01 billion. Builders FirstSource had a return on equity of 41.10% and a net margin of 9.01%. On average, research analysts predict that Builders FirstSource, Inc. will post 13.83 EPS for the current fiscal year.

About Builders FirstSource

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.