4,265 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Bought by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB acquired a new stake in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,265 shares of the company's stock, valued at approximately $827,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brooklyn Investment Group acquired a new position in Builders FirstSource in the 3rd quarter worth $28,000. Armstrong Advisory Group Inc. acquired a new position in shares of Builders FirstSource in the third quarter worth about $30,000. Innealta Capital LLC purchased a new position in Builders FirstSource in the second quarter valued at about $27,000. Reston Wealth Management LLC purchased a new position in Builders FirstSource in the third quarter valued at about $39,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in Builders FirstSource during the 3rd quarter valued at approximately $46,000. Institutional investors and hedge funds own 95.53% of the company's stock.

Builders FirstSource Stock Performance

Shares of BLDR stock traded down $5.89 during trading hours on Monday, reaching $160.54. The stock had a trading volume of 1,948,848 shares, compared to its average volume of 1,532,036. The firm has a 50-day simple moving average of $181.06 and a 200-day simple moving average of $169.14. The firm has a market capitalization of $18.48 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 0.96 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 twelve month low of $130.75 and a twelve month high of $214.70.

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

Wall Street Analysts Forecast Growth

BLDR has been the subject of several research analyst reports. Jefferies Financial Group increased their target price on Builders FirstSource from $185.00 to $223.00 and gave the company a "buy" rating in a research note on Wednesday, October 9th. Oppenheimer reissued an "outperform" rating and set a $225.00 price objective on shares of Builders FirstSource in a report on Tuesday, October 29th. Royal Bank of Canada boosted their target price on shares of Builders FirstSource from $178.00 to $187.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 6th. Barclays increased their price target on shares of Builders FirstSource from $182.00 to $211.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 9th. Finally, Loop Capital boosted their price objective on Builders FirstSource from $190.00 to $230.00 and gave the company a "buy" rating in a report on Friday, September 20th. Four 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 stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $210.00.

Insider Buying and Selling

In other news, Director Cleveland A. Christophe sold 10,000 shares of Builders FirstSource stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $178.41, for a total value of $1,784,100.00. Following the transaction, the director now owns 33,083 shares of the company's stock, valued at $5,902,338.03. The trade was a 23.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.80% of the stock is owned by corporate insiders.

Builders FirstSource 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.