Builders FirstSource Inc. (NASDAQ:BLDR) was down 2.6% during mid-day trading on Friday . The company traded as low as $12.12 and last traded at $12.13, with a volume of 1,159,047 shares traded. The stock had previously closed at $12.45.

A number of equities research analysts have issued reports on BLDR shares. Zacks Investment Research raised Builders FirstSource from a “strong sell” rating to a “hold” rating in a research report on Monday, July 18th. Sterne Agee CRT reaffirmed a “buy” rating on shares of Builders FirstSource in a research report on Monday, May 16th. SunTrust Banks Inc. started coverage on Builders FirstSource in a research report on Tuesday, April 19th. They set a “buy” rating and a $16.00 target price for the company. Citigroup Inc. upped their target price on Builders FirstSource from $12.00 to $14.00 and gave the stock a “neutral” rating in a research report on Monday, August 8th. Finally, Credit Suisse Group AG reaffirmed a “hold” rating on shares of Builders FirstSource in a research report on Tuesday, June 28th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $14.57.

The firm’s market capitalization is $1.36 billion. The firm’s 50 day moving average is $12.36 and its 200-day moving average is $10.80.

Builders FirstSource (NASDAQ:BLDR) last released its quarterly earnings results on Thursday, August 4th. The company reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.36 by $0.05. During the same quarter in the prior year, the company posted $0.14 earnings per share. The firm earned $1.70 billion during the quarter, compared to the consensus estimate of $1.72 billion. Builders FirstSource’s revenue for the quarter was up 263.4% compared to the same quarter last year. Equities analysts anticipate that Builders FirstSource Inc. will post $0.80 EPS for the current fiscal year.

In related news, CFO M Chad Crow sold 117,250 shares of Builders FirstSource stock in a transaction that occurred on Friday, June 10th. The stock was sold at an average price of $11.98, for a total value of $1,404,655.00. Following the sale, the chief financial officer now owns 428,699 shares of the company’s stock, valued at approximately $5,135,814.02. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Pincus Private Equity Warburg sold 13,263,266 shares of Builders FirstSource stock in a transaction that occurred on Tuesday, May 24th. The shares were sold at an average price of $10.40, for a total value of $137,937,966.40. The disclosure for this sale can be found here.

Other large investors have recently made changes to their positions in the company. Swiss National Bank raised its stake in shares of Builders FirstSource by 8.4% in the fourth quarter. Swiss National Bank now owns 93,200 shares of the company’s stock worth $1,033,000 after buying an additional 7,200 shares in the last quarter. GSA Capital Partners LLP raised its position in Builders FirstSource by 20.9% in the fourth quarter. GSA Capital Partners LLP now owns 107,000 shares of the company’s stock valued at $1,186,000 after buying an additional 18,533 shares during the period. Westfield Capital Management Co. LP raised its position in Builders FirstSource by 9.8% in the fourth quarter. Westfield Capital Management Co. LP now owns 2,366,487 shares of the company’s stock valued at $26,221,000 after buying an additional 211,737 shares during the period. Finally, Marshall Wace LLP raised its position in Builders FirstSource by 1,535.0% in the fourth quarter. Marshall Wace LLP now owns 344,766 shares of the company’s stock valued at $3,820,000 after buying an additional 323,679 shares during the period.

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors and consumers. The Company’s operating segments include Northeast, Southeast, South and West. It offers solution to its customers providing manufacturing, supply and installation of a range of structural and related building products.

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