Hantz Financial Services Inc. Acquires 12,186 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Hantz Financial Services Inc. boosted its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 66.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,435 shares of the company's stock after purchasing an additional 12,186 shares during the quarter. Hantz Financial Services Inc.'s holdings in Builders FirstSource were worth $4,350,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Miracle Mile Advisors LLC bought a new stake in shares of Builders FirstSource in the 4th quarter valued at approximately $405,000. JPMorgan Chase & Co. boosted its stake in Builders FirstSource by 8.0% in the third quarter. JPMorgan Chase & Co. now owns 793,182 shares of the company's stock valued at $153,766,000 after acquiring an additional 58,436 shares during the period. Oak Thistle LLC acquired a new stake in Builders FirstSource in the fourth quarter worth about $1,136,000. Forsta AP Fonden lifted its stake in Builders FirstSource by 12.1% during the third quarter. Forsta AP Fonden now owns 26,800 shares of the company's stock valued at $5,195,000 after purchasing an additional 2,900 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in Builders FirstSource by 38.5% during the third quarter. Principal Financial Group Inc. now owns 201,306 shares of the company's stock valued at $39,025,000 after buying an additional 56,009 shares during the period. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Builders FirstSource

In related news, Director Cleveland A. Christophe sold 10,000 shares of the firm's stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $178.41, for a total transaction of $1,784,100.00. Following the transaction, the director now directly owns 33,083 shares of the company's stock, valued at $5,902,338.03. This trade represents a 23.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

BLDR has been the subject of several recent analyst reports. Robert W. Baird upped their price objective on shares of Builders FirstSource from $190.00 to $222.00 and gave the stock an "outperform" rating in a report on Wednesday, October 16th. Oppenheimer reaffirmed an "outperform" rating and issued a $225.00 price target on shares of Builders FirstSource in a research report on Tuesday, October 29th. Stifel Nicolaus restated a "buy" rating and issued a $175.00 price objective on shares of Builders FirstSource in a research note on Wednesday, January 8th. UBS Group initiated coverage on shares of Builders FirstSource in a report on Friday, October 25th. They issued a "buy" rating and a $232.00 price target for the company. Finally, DA Davidson increased their target price on shares of Builders FirstSource from $169.00 to $175.00 and gave the company a "neutral" rating in a research note on Wednesday, November 6th. Four research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $205.71.

Builders FirstSource Price Performance

Shares of Builders FirstSource stock traded up $2.56 on Thursday, reaching $171.18. 383,134 shares of the stock were exchanged, compared to its average volume of 1,554,280. The firm's 50 day moving average is $162.21 and its 200-day moving average is $171.19. The firm has a market cap of $19.70 billion, a PE ratio of 16.76, a P/E/G ratio of 0.90 and a beta of 2.11. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.16 and a current ratio of 1.77. Builders FirstSource, Inc. has a one year low of $130.75 and a one year high of $214.70.

Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.09 by ($0.02). The business had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.44 billion. Builders FirstSource had a return on equity of 33.55% and a net margin of 7.40%. Builders FirstSource's quarterly revenue was down 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.24 earnings per share. As a group, analysts anticipate that Builders FirstSource, Inc. will post 11.53 EPS for the current fiscal year.

Builders FirstSource Company Profile

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.