Oppenheimer & Co. Inc. purchased a new stake in shares of Builders FirstSource, Inc. (NASDAQ:BLDR) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 27,193 shares of the company’s stock, valued at approximately $489,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of Builders FirstSource during the 2nd quarter valued at $114,000. Victory Capital Management Inc. purchased a new position in shares of Builders FirstSource during the 3rd quarter valued at $147,000. Ameritas Investment Partners Inc. lifted its holdings in shares of Builders FirstSource by 17.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,495 shares of the company’s stock worth $130,000 after acquiring an additional 1,253 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Builders FirstSource by 10,237.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,580 shares of the company’s stock worth $131,000 after acquiring an additional 8,497 shares during the last quarter. Finally, Wilen Investment Management CORP. bought a new stake in shares of Builders FirstSource during the 2nd quarter worth $150,000. Hedge funds and other institutional investors own 94.53% of the company’s stock.

In other Builders FirstSource news, Director Robert C. Griffin sold 17,655 shares of the business’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $16.83, for a total value of $297,133.65. Following the transaction, the director now owns 40,050 shares in the company, valued at $674,041.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Donald F. Mcaleenan sold 166,714 shares of the business’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $18.16, for a total transaction of $3,027,526.24. Following the transaction, the senior vice president now owns 179,805 shares in the company, valued at approximately $3,265,258.80. The disclosure for this sale can be found here. Insiders sold 14,010,466 shares of company stock worth $227,428,788 in the last 90 days. Corporate insiders own 14.60% of the company’s stock.

Shares of Builders FirstSource, Inc. (NASDAQ:BLDR) opened at $19.98 on Friday. The company has a debt-to-equity ratio of 4.46, a current ratio of 1.86 and a quick ratio of 1.06. The firm has a market cap of $2,256.56, a price-to-earnings ratio of 19.40 and a beta of 2.15. Builders FirstSource, Inc. has a one year low of $10.51 and a one year high of $20.52.

Builders FirstSource (NASDAQ:BLDR) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.02. The business had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.87 billion. Builders FirstSource had a net margin of 1.29% and a return on equity of 33.66%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.61 earnings per share. equities analysts anticipate that Builders FirstSource, Inc. will post 1.06 EPS for the current fiscal year.

BLDR has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Builders FirstSource from a “hold” rating to a “sell” rating in a report on Monday, October 9th. B. Riley lifted their price objective on shares of Builders FirstSource from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Friday, November 10th. SunTrust Banks reaffirmed a “buy” rating and set a $20.00 price objective on shares of Builders FirstSource in a report on Friday, November 10th. Barclays lifted their price objective on shares of Builders FirstSource from $15.00 to $17.00 and gave the stock an “equal weight” rating in a report on Friday, November 10th. Finally, Wedbush reaffirmed a “buy” rating and set a $20.00 price objective on shares of Builders FirstSource in a report on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. Builders FirstSource currently has a consensus rating of “Buy” and a consensus price target of $20.00.

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Builders FirstSource 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.

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

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