9,182 Shares of Builders FirstSource, Inc. $BLDR Bought by Quadcap Wealth Management LLC

Quadcap Wealth Management LLC acquired a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 9,182 shares of the company’s stock, valued at approximately $523,000.

A number of other large investors also recently bought and sold shares of BLDR. BlackRock Inc. bought a new stake in shares of Builders FirstSource in the 2nd quarter valued at approximately $700,934,000. Diamond Hill Capital Management LLC Investment Advisor bought a new position in Builders FirstSource during the second quarter worth $134,908,000. Bank of America Corp DE acquired a new position in Builders FirstSource in the second quarter worth $83,832,000. Fort Washington Investment Advisors Inc. OH acquired a new position in Builders FirstSource in the third quarter worth $48,738,000. Finally, Jupiter Topco LLC acquired a new position in Builders FirstSource in the second quarter worth $73,935,000. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Stock Performance

Shares of BLDR traded down $3.08 during mid-day trading on Friday, hitting $62.42. The company’s stock had a trading volume of 2,438,293 shares, compared to its average volume of 2,799,644. The stock’s 50-day moving average is $58.94 and its two-hundred day moving average is $79.21. The firm has a market capitalization of $6.72 billion, a PE ratio of 168.72, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.14 and a current ratio of 1.85. Builders FirstSource, Inc. has a one year low of $49.67 and a one year high of $131.50.

Builders FirstSource (NYSE:BLDR) last announced its earnings results on Thursday, October 29th. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.45. The business had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. Builders FirstSource had a net margin of 0.28% and a return on equity of 10.77%. Builders FirstSource’s revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.88 earnings per share. As a group, sell-side analysts anticipate that Builders FirstSource, Inc. will post 3.68 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Robert W. Baird set a $75.00 target price on shares of Builders FirstSource in a research note on Friday, July 31st. Zacks Research upgraded shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a research report on Friday, October 2nd. UBS Group decreased their price target on shares of Builders FirstSource from $88.00 to $75.00 and set a “buy” rating for the company in a report on Friday, October 30th. Loop Capital downgraded shares of Builders FirstSource from a “buy” rating to a “hold” rating and set a $62.00 target price on the stock. in a report on Monday, October 26th. Finally, Citizens Jmp assumed coverage on shares of Builders FirstSource in a report on Friday, August 21st. They set a “market perform” rating for the company. Seven investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $75.55.

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.