GSA Capital Partners LLP trimmed its position in shares of Builders FirstSource, Inc. (NASDAQ:BLDR) by 88.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,070 shares of the company’s stock after selling 119,488 shares during the period. GSA Capital Partners LLP’s holdings in Builders FirstSource were worth $246,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Alps Advisors Inc. grew its position in Builders FirstSource by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 31,670 shares of the company’s stock worth $485,000 after purchasing an additional 82 shares in the last quarter. US Bancorp DE grew its position in Builders FirstSource by 2.0% during the 2nd quarter. US Bancorp DE now owns 73,665 shares of the company’s stock worth $1,128,000 after purchasing an additional 1,434 shares in the last quarter. Aperio Group LLC grew its position in Builders FirstSource by 10.6% during the 2nd quarter. Aperio Group LLC now owns 16,243 shares of the company’s stock worth $249,000 after purchasing an additional 1,561 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its position in Builders FirstSource by 3.6% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 45,950 shares of the company’s stock worth $704,000 after purchasing an additional 1,600 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in Builders FirstSource by 11.2% during the 2nd quarter. Principal Financial Group Inc. now owns 21,546 shares of the company’s stock worth $330,000 after purchasing an additional 2,166 shares in the last quarter. Hedge funds and other institutional investors own 85.46% of the company’s stock.

Shares of Builders FirstSource, Inc. (NASDAQ BLDR) opened at 17.90 on Friday. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of 11.85 and a beta of 2.09. The firm’s 50 day moving average is $17.18 and its 200-day moving average is $15.76. Builders FirstSource, Inc. has a 52 week low of $9.04 and a 52 week high of $18.23.

Builders FirstSource (NASDAQ:BLDR) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.03. Builders FirstSource had a net margin of 2.60% and a return on equity of 43.83%. The company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the prior year, the firm earned $0.31 earnings per share. The firm’s revenue was up 9.9% compared to the same quarter last year. Equities research analysts predict that Builders FirstSource, Inc. will post $1.11 EPS for the current year.

In other news, Director Cleveland A. Christophe sold 36,000 shares of the stock in a transaction on Monday, September 11th. The shares were sold at an average price of $16.66, for a total transaction of $599,760.00. Following the completion of the sale, the director now owns 48,181 shares of the company’s stock, valued at $802,695.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert C. Griffin sold 17,655 shares of the stock in a transaction on Friday, September 8th. The stock was sold at an average price of $16.83, for a total transaction of $297,133.65. Following the sale, the director now directly owns 40,050 shares of the company’s stock, valued at approximately $674,041.50. The disclosure for this sale can be found here. Insiders have sold 13,645,368 shares of company stock valued at $220,735,138 in the last three months. 14.60% of the stock is owned by insiders.

Several equities analysts have weighed in on the stock. Deutsche Bank AG lifted their price objective on shares of Builders FirstSource from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. BidaskClub lowered shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Zacks Investment Research raised shares of Builders FirstSource from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Wedbush reissued a “buy” rating and set a $20.00 target price on shares of Builders FirstSource in a research note on Thursday, September 7th. Finally, FBR & Co reissued a “buy” rating and set a $20.00 target price on shares of Builders FirstSource in a research note on Tuesday, June 27th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. Builders FirstSource currently has an average rating of “Hold” and a consensus price target of $17.33.

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Builders FirstSource Company Profile

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

Institutional Ownership by Quarter for Builders FirstSource (NASDAQ:BLDR)

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