4,609 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Acquired by Brophy Wealth Management LLC

Brophy Wealth Management LLC purchased a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,609 shares of the company's stock, valued at approximately $894,000.

A number of other institutional investors have also recently modified their holdings of the business. Mountaineer Partners Management LLC purchased a new stake in Builders FirstSource during the 3rd quarter valued at about $2,099,877,000. FMR LLC raised its holdings in shares of Builders FirstSource by 45.7% in the 3rd quarter. FMR LLC now owns 10,158,152 shares of the company's stock valued at $1,969,259,000 after buying an additional 3,186,876 shares during the period. Baillie Gifford & Co. acquired a new position in shares of Builders FirstSource in the third quarter worth $267,132,000. Diamond Hill Capital Management Inc. purchased a new stake in Builders FirstSource during the 3rd quarter worth about $255,867,000. Finally, Massachusetts Financial Services Co. MA raised its position in Builders FirstSource by 339.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,180,358 shares of the company's stock valued at $163,373,000 after purchasing an additional 911,990 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Stock Performance

Shares of NYSE BLDR traded down $4.16 during mid-day trading on Tuesday, hitting $172.73. The company had a trading volume of 446,566 shares, compared to its average volume of 1,532,048. The firm's 50 day simple moving average is $183.66 and its two-hundred day simple moving average is $169.00. The stock has a market cap of $19.88 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 0.98 and a beta of 2.06. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.77 and a quick ratio of 1.16. Builders FirstSource, Inc. has a 12 month low of $130.75 and a 12 month high of $214.70.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its earnings results on Tuesday, November 5th. The company reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. The business had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.44 billion. During the same quarter in the prior year, the business earned $4.24 earnings per share. The firm's revenue was down 6.7% compared to the same quarter last year. As a group, equities research analysts forecast that Builders FirstSource, Inc. will post 11.55 earnings per share for the current year.

Insider Buying and Selling

In other Builders FirstSource news, Director Cleveland A. Christophe sold 10,000 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $178.41, for a total transaction of $1,784,100.00. Following the completion of the transaction, the director now directly owns 33,083 shares of the company's stock, valued at approximately $5,902,338.03. This trade represents a 23.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BLDR. Wedbush restated an "outperform" rating and set a $230.00 target price on shares of Builders FirstSource in a research note on Wednesday, November 6th. Barclays raised their price objective on Builders FirstSource from $182.00 to $211.00 and gave the stock an "overweight" rating in a report on Wednesday, October 9th. StockNews.com raised Builders FirstSource from a "hold" rating to a "buy" rating in a report on Tuesday. DA Davidson lifted their price target on Builders FirstSource from $169.00 to $175.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 6th. Finally, UBS Group started coverage on Builders FirstSource in a report on Friday, October 25th. They issued a "buy" rating and a $232.00 price objective for the company. Three research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Builders FirstSource presently has an average rating of "Moderate Buy" and an average price target of $210.00.

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.