52,523 Shares in Builders FirstSource, Inc. $BLDR Bought by Robinson Value Management Ltd.

Key Points

• Robinson Value Management purchased 52,523 Builders FirstSource shares worth approximately $2.99 million, making BLDR its 22nd-largest holding and about 1.7% of its portfolio.
• Institutional investors own 95.53% of Builders FirstSource, while the stock recently traded at $53.87—well below its 52-week high of $131.50.
• The company missed quarterly earnings and revenue estimates, with EPS of $1.17 and revenue of $3.86 billion; analysts maintain a consensus “Hold” rating with an $82.25 price target.

Robinson Value Management Ltd. purchased a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 52,523 shares of the company's stock, valued at approximately $2,994,000. Builders FirstSource comprises approximately 1.7% of Robinson Value Management Ltd.'s holdings, making the stock its 22nd largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sunbelt Securities Inc. grew its holdings in Builders FirstSource by 508.5% in the 1st quarter. Sunbelt Securities Inc. now owns 359 shares of the company's stock worth $30,000 after buying an additional 300 shares in the last quarter. Root Financial Partners LLC raised its stake in Builders FirstSource by 43.6% during the 1st quarter. Root Financial Partners LLC now owns 372 shares of the company's stock valued at $31,000 after acquiring an additional 113 shares in the last quarter. Allworth Financial LP bought a new stake in Builders FirstSource during the 2nd quarter valued at $42,000. Clark Wealth Partners acquired a new position in Builders FirstSource during the 3rd quarter worth $27,000. Finally, Continuum Advisory LLC acquired a new position in Builders FirstSource during the 2nd quarter worth $48,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Stock Up 1.7%

Shares of BLDR stock opened at $53.87 on Wednesday. Builders FirstSource, Inc. has a 1 year low of $49.67 and a 1 year high of $131.50. 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 business's fifty day moving average is $61.29 and its 200-day moving average is $72.24. The stock has a market cap of $5.80 billion, a PE ratio of 59.20, a price-to-earnings-growth ratio of 1.73 and a beta of 1.45.

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 net margin of 0.71% and a return on equity of 11.73%. The firm had revenue of $3.86 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter last year, the company earned $2.38 EPS. The company's quarterly revenue was down 8.8% compared to the same quarter last year. Equities analysts expect that Builders FirstSource, Inc. will post 3.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Zacks Research raised Builders FirstSource from a "strong sell" rating to a "hold" rating in a research note on Friday, October 2nd. KeyCorp cut their price objective on shares of Builders FirstSource from $100.00 to $91.00 and set an "overweight" rating on the stock in a research note on Monday, July 13th. UBS Group set a $85.00 price objective on shares of Builders FirstSource in a research note on Thursday, October 1st. Robert W. Baird set a $75.00 price objective on shares of Builders FirstSource in a report on Friday, July 31st. Finally, Wells Fargo & Company decreased their target price on shares of Builders FirstSource from $63.00 to $55.00 and set an "equal weight" rating for the company in a research report on Friday. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $82.25.

Builders FirstSource Company Profile

Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.

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