37,485 Shares of Builders FirstSource, Inc. $BLDR Acquired by Yarbrough Capital LLC

Yarbrough Capital LLC purchased a new stake in Builders FirstSource, Inc. (NYSE:BLDR) during the 3rd quarter, Holdings Channel reports. The fund purchased 37,485 shares of the company’s stock, valued at approximately $2,137,000.

Other large investors have also made changes to their positions in the company. Hidden Cove Wealth Management LLC purchased a new stake in shares of Builders FirstSource during the third quarter worth about $393,000. Tenet Wealth Partners LLC purchased a new position in shares of Builders FirstSource in the 3rd quarter worth $236,000. AA Financial Advisors LLC acquired a new position in shares of Builders FirstSource in the 3rd quarter valued at about $271,000. Fortitude Financial LLC acquired a new position in Builders FirstSource during the third quarter valued at approximately $855,000. Finally, Abel Hall LLC purchased a new stake in shares of Builders FirstSource during the 3rd quarter valued at about $645,000. Institutional investors and hedge funds own 95.53% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on BLDR shares. Zacks Research raised shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a report on Friday, October 2nd. Citizens Jmp began coverage on shares of Builders FirstSource in a research note on Friday, August 21st. They set a “market perform” rating on the stock. UBS Group set a $85.00 price objective on Builders FirstSource in a research report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft set a $66.00 price target on Builders FirstSource in a report on Friday, July 31st. Finally, DA Davidson set a $68.00 price target on Builders FirstSource in a research note on Friday, July 31st. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $83.54.

Builders FirstSource Stock Performance

Shares of BLDR stock traded down $1.84 during mid-day trading on Monday, reaching $52.81. The stock had a trading volume of 2,461,255 shares, compared to its average volume of 2,539,682. The firm has a market cap of $5.68 billion, a PE ratio of 58.04, a P/E/G ratio of 1.79 and a beta of 1.45. Builders FirstSource, Inc. has a one year low of $49.67 and a one year high of $131.50. The firm’s 50 day simple moving average is $62.10 and its 200 day simple moving average is $72.64. The company has a quick ratio of 1.09, a current ratio of 1.79 and a debt-to-equity ratio of 1.14.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.17 earnings per share for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.08). The business had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.91 billion. Builders FirstSource had a return on equity of 11.73% and a net margin of 0.71%. The firm’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.38 EPS. On average, analysts forecast that Builders FirstSource, Inc. will post 3.13 EPS for the current year.

Builders FirstSource Profile

Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.