Intrepid Financial Planning Group LLC Reduces Stock Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Intrepid Financial Planning Group LLC decreased its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 7.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,841 shares of the company’s stock after selling 235 shares during the period. Intrepid Financial Planning Group LLC’s holdings in Builders FirstSource were worth $474,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Allianz Asset Management GmbH lifted its holdings in shares of Builders FirstSource by 73.9% in the 4th quarter. Allianz Asset Management GmbH now owns 128,348 shares of the company’s stock worth $21,426,000 after acquiring an additional 54,557 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of Builders FirstSource by 18.5% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 58,353 shares of the company’s stock valued at $9,515,000 after acquiring an additional 9,122 shares during the last quarter. FCF Advisors LLC lifted its position in Builders FirstSource by 81.9% during the fourth quarter. FCF Advisors LLC now owns 21,038 shares of the company’s stock valued at $3,512,000 after buying an additional 9,470 shares in the last quarter. New York Life Investment Management LLC lifted its holdings in Builders FirstSource by 437.8% in the 4th quarter. New York Life Investment Management LLC now owns 17,580 shares of the company’s stock worth $2,935,000 after buying an additional 14,311 shares in the last quarter. Finally, Boulder Hill Capital Management LP bought a new position in shares of Builders FirstSource during the fourth quarter worth about $851,000. 95.53% of the stock is owned by institutional investors and hedge funds.

Builders FirstSource Price Performance

Shares of NYSE BLDR traded down $5.60 during midday trading on Tuesday, hitting $146.52. 2,731,222 shares of the company’s stock were exchanged, compared to its average volume of 1,505,399. The company has a current ratio of 2.21, a quick ratio of 1.45 and a debt-to-equity ratio of 0.75. The business’s fifty day moving average price is $181.79 and its two-hundred day moving average price is $175.38. Builders FirstSource, Inc. has a 12-month low of $105.24 and a 12-month high of $214.70. The company has a market cap of $17.88 billion, a price-to-earnings ratio of 12.69, a PEG ratio of 1.44 and a beta of 2.08.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Tuesday, May 7th. The company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.23. The company had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.83 billion. Builders FirstSource had a net margin of 8.57% and a return on equity of 38.66%. The firm’s revenue was up .2% compared to the same quarter last year. During the same quarter last year, the company earned $2.96 EPS. As a group, research analysts forecast that Builders FirstSource, Inc. will post 13.12 EPS for the current fiscal year.

Analysts Set New Price Targets

BLDR has been the subject of several recent analyst reports. Oppenheimer increased their price objective on shares of Builders FirstSource from $220.00 to $242.00 and gave the company an “outperform” rating in a report on Friday, February 23rd. Royal Bank of Canada increased their price objective on Builders FirstSource from $186.00 to $211.00 and gave the stock an “outperform” rating in a research note on Friday, February 23rd. Jefferies Financial Group raised their price target on Builders FirstSource from $226.00 to $237.00 and gave the company a “buy” rating in a report on Thursday, April 18th. Wedbush restated an “outperform” rating and issued a $215.00 price target (down from $225.00) on shares of Builders FirstSource in a research report on Tuesday, May 7th. Finally, StockNews.com raised shares of Builders FirstSource from a “hold” rating to a “buy” rating in a research report on Wednesday, February 21st. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $196.27.

Insider Buying and Selling at Builders FirstSource

In other Builders FirstSource news, insider Paul M. Mccrobie sold 9,118 shares of the company’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $170.11, for a total transaction of $1,551,062.98. Following the transaction, the insider now owns 22,667 shares in the company, valued at approximately $3,855,883.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Builders FirstSource news, insider Paul M. Mccrobie sold 9,118 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $170.11, for a total transaction of $1,551,062.98. Following the sale, the insider now owns 22,667 shares in the company, valued at approximately $3,855,883.37. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael Hiller sold 4,875 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $159.25, for a total value of $776,343.75. Following the completion of the transaction, the insider now owns 30,106 shares of the company’s stock, valued at $4,794,380.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,752 shares of company stock worth $3,879,207. 1.80% of the stock is owned by corporate insiders.

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.