19,845 Shares of Builders FirstSource, Inc. $BLDR Acquired by Aspiriant LLC

Key Points

• Aspiriant LLC acquired 19,845 shares of Builders FirstSource during the third quarter, worth approximately $1.13 million. Institutional investors collectively own 95.53% of BLDR.
• Analyst sentiment is mixed, with nine Buy, thirteen Hold and three Sell ratings; the consensus rating is Hold with an $83.54 price target.
• Builders FirstSource reported quarterly EPS of $1.17, below the $1.25 estimate, while revenue fell 8.8% year over year to $3.86 billion. The stock opened at $54.74, near its 52-week low of $49.67.

Aspiriant LLC bought a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 19,845 shares of the company's stock, valued at approximately $1,131,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Millennium Capital Advisors LLC purchased a new position in Builders FirstSource in the third quarter worth $251,000. Shelton Wealth Management LLC purchased a new stake in shares of Builders FirstSource during the 3rd quarter valued at $1,711,000. Howard Capital Management LLC bought a new stake in shares of Builders FirstSource during the 3rd quarter worth $1,344,000. Cornerstone Wealth Advisors Inc. bought a new stake in shares of Builders FirstSource during the 3rd quarter worth $334,000. Finally, Goelzer Investment Management Inc. bought a new stake in shares of Builders FirstSource during the 3rd quarter worth $5,851,000. Hedge funds and other institutional investors own 95.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BLDR. Melius Research began coverage on shares of Builders FirstSource in a report on Tuesday, October 6th. They issued a "sell" rating and a $52.00 price target on the stock. Zacks Research upgraded shares of Builders FirstSource from a "strong sell" rating to a "hold" rating in a report on Friday, October 2nd. Benchmark decreased their price objective on shares of Builders FirstSource from $105.00 to $100.00 and set a "buy" rating for the company in a report on Thursday, July 23rd. Barclays lowered their price objective on shares of Builders FirstSource from $93.00 to $81.00 and set an "overweight" rating on the stock in a research report on Friday, July 31st. Finally, Weiss Ratings lowered shares of Builders FirstSource from a "sell (d+)" rating to a "sell (d)" rating in a research report on Tuesday, July 21st. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $83.54.

Builders FirstSource Stock Up 2.0%

BLDR stock opened at $54.74 on Friday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.09 and a current ratio of 1.79. The company has a market capitalization of $5.89 billion, a price-to-earnings ratio of 60.15, a PEG ratio of 1.79 and a beta of 1.45. Builders FirstSource, Inc. has a fifty-two week low of $49.67 and a fifty-two week high of $131.50. The stock has a fifty day moving average of $62.10 and a 200-day moving average of $72.68.

Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.17 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.08). Builders FirstSource had a return on equity of 11.73% and a net margin of 0.71%. The firm had revenue of $3.86 billion during the quarter, compared to analysts' expectations of $3.91 billion. During the same period last year, the business posted $2.38 EPS. The company's revenue was down 8.8% compared to the same quarter last year. As a group, equities research analysts predict that Builders FirstSource, Inc. will post 3.13 earnings per share for the current year.

About Builders FirstSource

Builders FirstSource, Inc NYSE: BLDR is a supplier and manufacturer of building materials, manufactured components and construction services for professional homebuilders, contractors, remodelers and other construction professionals in the United States. The company serves customers through a network of locations across the country and supports both residential and selected commercial construction projects.

Its product offerings include lumber and other structural materials, engineered wood products, windows, interior and exterior doors, roofing, siding, cabinets, flooring and related building supplies.

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