35,775 Shares in Builders FirstSource, Inc. $BLDR Acquired by Regents Gate Capital LLP

Regents Gate Capital LLP bought a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 35,775 shares of the company’s stock, valued at approximately $4,338,000. Builders FirstSource makes up 1.5% of Regents Gate Capital LLP’s holdings, making the stock its 25th largest position.

Other institutional investors have also recently bought and sold shares of the company. WASHINGTON TRUST Co increased its position in shares of Builders FirstSource by 7.4% during the third quarter. WASHINGTON TRUST Co now owns 2,902 shares of the company’s stock worth $352,000 after acquiring an additional 200 shares in the last quarter. Aprio Wealth Management LLC boosted its stake in Builders FirstSource by 2.7% in the 3rd quarter. Aprio Wealth Management LLC now owns 3,680 shares of the company’s stock worth $446,000 after purchasing an additional 98 shares during the period. American Century Companies Inc. increased its holdings in Builders FirstSource by 32.4% during the 3rd quarter. American Century Companies Inc. now owns 449,012 shares of the company’s stock worth $54,443,000 after purchasing an additional 109,909 shares in the last quarter. Rafferty Asset Management LLC raised its stake in shares of Builders FirstSource by 99.2% in the 3rd quarter. Rafferty Asset Management LLC now owns 97,422 shares of the company’s stock valued at $11,812,000 after purchasing an additional 48,507 shares during the period. Finally, Handelsbanken Fonder AB lifted its holdings in shares of Builders FirstSource by 12.5% in the third quarter. Handelsbanken Fonder AB now owns 31,419 shares of the company’s stock valued at $3,810,000 after purchasing an additional 3,500 shares in the last quarter. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Trading Down 0.5%

NYSE BLDR opened at $104.06 on Monday. Builders FirstSource, Inc. has a 12 month low of $94.35 and a 12 month high of $151.03. The company has a current ratio of 1.86, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. The stock has a 50 day moving average of $114.86 and a 200-day moving average of $119.07. The company has a market cap of $11.51 billion, a PE ratio of 26.82, a PEG ratio of 2.52 and a beta of 1.56.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Tuesday, February 17th. The company reported $1.12 earnings per share for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.18). The firm had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.46 billion. Builders FirstSource had a return on equity of 17.89% and a net margin of 2.87%.Builders FirstSource’s quarterly revenue was down 12.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.31 earnings per share. On average, equities research analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Barclays reduced their price objective on Builders FirstSource from $136.00 to $124.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. Robert W. Baird reduced their price target on Builders FirstSource from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Builders FirstSource from $117.00 to $102.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. Benchmark lowered their price objective on shares of Builders FirstSource from $142.00 to $138.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Builders FirstSource in a report on Wednesday, January 21st. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $127.39.

About Builders FirstSource

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.