Groupama Asset Managment Sells 711 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Groupama Asset Managment trimmed its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 13.5% during the 4th quarter, Holdings Channel reports. The firm owned 4,545 shares of the company’s stock after selling 711 shares during the period. Groupama Asset Managment’s holdings in Builders FirstSource were worth $652,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BLDR. D.A. Davidson & CO. bought a new position in Builders FirstSource in the 3rd quarter worth approximately $278,000. Townsquare Capital LLC lifted its holdings in shares of Builders FirstSource by 11.9% in the third quarter. Townsquare Capital LLC now owns 3,701 shares of the company’s stock worth $718,000 after buying an additional 394 shares in the last quarter. Edgestream Partners L.P. bought a new position in shares of Builders FirstSource during the third quarter worth $1,140,000. Benjamin Edwards Inc. grew its stake in Builders FirstSource by 392.9% during the third quarter. Benjamin Edwards Inc. now owns 8,221 shares of the company’s stock valued at $1,594,000 after acquiring an additional 6,553 shares in the last quarter. Finally, HighTower Advisors LLC increased its holdings in Builders FirstSource by 0.3% in the 3rd quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock valued at $4,296,000 after acquiring an additional 64 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Price Performance

BLDR opened at $131.16 on Thursday. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.86. The business has a fifty day moving average of $143.29 and a 200 day moving average of $163.54. Builders FirstSource, Inc. has a 52-week low of $119.65 and a 52-week high of $210.00. The stock has a market cap of $14.90 billion, a P/E ratio of 14.48, a PEG ratio of 0.80 and a beta of 2.19.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings results on Thursday, February 20th. The company reported $2.31 EPS for the quarter, topping analysts’ consensus estimates of $2.18 by $0.13. Builders FirstSource had a net margin of 6.57% and a return on equity of 30.54%. The firm had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.90 billion. As a group, sell-side analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Raymond James reissued an “outperform” rating and set a $170.00 price objective (down previously from $180.00) on shares of Builders FirstSource in a report on Friday, February 21st. Stifel Nicolaus cut their price target on Builders FirstSource from $175.00 to $156.00 and set a “buy” rating for the company in a report on Monday, February 24th. BMO Capital Markets reduced their price objective on Builders FirstSource from $175.00 to $168.00 and set a “market perform” rating on the stock in a research note on Monday, February 24th. Deutsche Bank Aktiengesellschaft assumed coverage on Builders FirstSource in a research report on Tuesday. They set a “buy” rating and a $151.00 target price for the company. Finally, StockNews.com cut shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Five equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Builders FirstSource presently has an average rating of “Moderate Buy” and a consensus price target of $188.63.

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.