718,000 Shares in Builders FirstSource, Inc. $BLDR Purchased by Atlas FRM LLC

Atlas FRM LLC bought a new stake in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 718,000 shares of the company's stock, valued at approximately $64,246,640. Builders FirstSource accounts for about 0.0% of Atlas FRM LLC's portfolio, making the stock its 10th largest holding. Atlas FRM LLC owned 0.67% of Builders FirstSource as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in BLDR. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Builders FirstSource by 167.1% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 211 shares of the company's stock worth $26,000 after purchasing an additional 132 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in Builders FirstSource by 508.5% in the first quarter. Sunbelt Securities Inc. now owns 359 shares of the company's stock valued at $30,000 after buying an additional 300 shares during the last quarter. Root Financial Partners LLC lifted its stake in Builders FirstSource by 43.6% in the first quarter. Root Financial Partners LLC now owns 372 shares of the company's stock valued at $31,000 after buying an additional 113 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in shares of Builders FirstSource by 90.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 369 shares of the company's stock valued at $38,000 after acquiring an additional 175 shares during the period. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Builders FirstSource during the second quarter valued at $38,000. 95.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on BLDR shares. Citizens Jmp began coverage on shares of Builders FirstSource in a research report on Friday, August 21st. They issued a "market perform" rating on the stock. Raymond James Financial decreased their target price on shares of Builders FirstSource from $140.00 to $100.00 in a research report on Friday, May 1st. Weiss Ratings cut Builders FirstSource from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday, July 21st. Royal Bank Of Canada reduced their price objective on Builders FirstSource from $107.00 to $88.00 and set an "outperform" rating for the company in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft set a $66.00 price objective on Builders FirstSource in a report on Friday, July 31st. Nine equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Builders FirstSource presently has an average rating of "Hold" and an average price target of $90.35.

Builders FirstSource Trading Up 0.8%

Builders FirstSource stock opened at $67.74 on Friday. Builders FirstSource, Inc. has a 12-month low of $65.10 and a 12-month high of $151.03. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.79 and a quick ratio of 1.09. The stock has a market capitalization of $7.29 billion, a PE ratio of 74.44, a price-to-earnings-growth ratio of 2.18 and a beta of 1.44. The firm has a 50 day simple moving average of $74.96 and a 200-day simple moving average of $82.79.

Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.08). The firm had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.91 billion. Builders FirstSource had a return on equity of 11.73% and a net margin of 0.71%.Builders FirstSource's revenue for the quarter was down 8.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.38 EPS. As a group, equities research analysts expect that Builders FirstSource, Inc. will post 3.15 EPS for the current fiscal year.

Builders FirstSource Company Profile

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company's core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.