15,526 Shares in Builders FirstSource, Inc. (NYSE:BLDR) Acquired by Regents Gate Capital LLP

Regents Gate Capital LLP acquired a new stake in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 15,526 shares of the company's stock, valued at approximately $1,940,000.

Other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. purchased a new position in shares of Builders FirstSource in the 4th quarter valued at about $34,000. Sentry Investment Management LLC acquired a new stake in shares of Builders FirstSource in the first quarter worth approximately $40,000. CX Institutional acquired a new position in Builders FirstSource during the first quarter valued at approximately $45,000. New Age Alpha Advisors LLC purchased a new stake in shares of Builders FirstSource during the fourth quarter valued at approximately $74,000. Finally, AlphaQuest LLC lifted its position in shares of Builders FirstSource by 5,227.3% during the fourth quarter. AlphaQuest LLC now owns 586 shares of the company's stock worth $84,000 after purchasing an additional 575 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company's stock.

Wall Street Analysts Forecast Growth

BLDR has been the topic of a number of research reports. Stephens dropped their target price on shares of Builders FirstSource from $145.00 to $140.00 and set an "overweight" rating on the stock in a report on Friday, May 2nd. Royal Bank Of Canada reiterated an "outperform" rating and issued a $132.00 target price on shares of Builders FirstSource in a research report on Thursday, May 15th. Barclays cut their price target on shares of Builders FirstSource from $151.00 to $137.00 and set an "overweight" rating on the stock in a report on Friday, May 2nd. BMO Capital Markets lowered their target price on shares of Builders FirstSource from $146.00 to $135.00 and set a "market perform" rating on the stock in a research note on Monday, May 5th. Finally, UBS Group lowered their target price on shares of Builders FirstSource from $180.00 to $163.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Five research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $163.11.

Builders FirstSource Stock Performance

Shares of NYSE:BLDR opened at $127.40 on Wednesday. Builders FirstSource, Inc. has a 52 week low of $102.60 and a 52 week high of $203.14. The company has a quick ratio of 1.07, a current ratio of 1.82 and a debt-to-equity ratio of 1.02. The firm has a fifty day simple moving average of $114.60 and a two-hundred day simple moving average of $130.87. The stock has a market capitalization of $14.08 billion, a P/E ratio of 16.33, a PEG ratio of 7.95 and a beta of 1.69.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.50 by $0.01. The business had revenue of $3.66 billion during the quarter, compared to analysts' expectations of $3.67 billion. Builders FirstSource had a net margin of 5.66% and a return on equity of 28.02%. The business's quarterly revenue was down 6.0% on a year-over-year basis. During the same quarter last year, the company posted $2.65 earnings per share. On average, analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Builders FirstSource announced that its board has authorized a share buyback plan on Thursday, May 1st that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to repurchase up to 3.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

Insider Transactions at Builders FirstSource

In related news, Director Paul S. Levy purchased 283,517 shares of Builders FirstSource stock in a transaction dated Thursday, May 8th. The shares were acquired at an average cost of $111.21 per share, with a total value of $31,529,925.57. Following the purchase, the director owned 1,672,687 shares of the company's stock, valued at approximately $186,019,521.27. The trade was a 20.41% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dirkson R. Charles bought 5,000 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The stock was bought at an average cost of $109.67 per share, for a total transaction of $548,350.00. Following the completion of the transaction, the director directly owned 5,000 shares in the company, valued at approximately $548,350. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 505,000 shares of company stock worth $56,032,120 over the last 90 days. 1.80% of the stock is currently owned by company insiders.

About Builders FirstSource

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.

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