9,790 Builders FirstSource, Inc. $BLDR Shares Sold by Kelleher Financial Advisors

Kelleher Financial Advisors reduced its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 29.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,953 shares of the company’s stock after selling 9,790 shares during the quarter. Kelleher Financial Advisors’ holdings in Builders FirstSource were worth $1,309,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BLDR. Root Financial Partners LLC raised its stake in shares of Builders FirstSource by 43.6% in the 1st quarter. Root Financial Partners LLC now owns 372 shares of the company’s stock valued at $31,000 after purchasing an additional 113 shares during the period. Wedbush Securities Inc. lifted its holdings in shares of Builders FirstSource by 5.3% in the second quarter. Wedbush Securities Inc. now owns 2,927 shares of the company’s stock valued at $262,000 after purchasing an additional 147 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of Builders FirstSource by 5.9% during the first quarter. Private Advisor Group LLC now owns 2,890 shares of the company’s stock worth $238,000 after buying an additional 162 shares during the period. Altshuler Shaham Ltd boosted its position in shares of Builders FirstSource by 2.4% during the first quarter. Altshuler Shaham Ltd now owns 7,600 shares of the company’s stock worth $626,000 after buying an additional 180 shares during the period. Finally, Mufg Securities Americas Inc. boosted its position in shares of Builders FirstSource by 5.9% during the second quarter. Mufg Securities Americas Inc. now owns 3,240 shares of the company’s stock worth $290,000 after buying an additional 180 shares during the period. 95.53% of the stock is owned by institutional investors.

Builders FirstSource Trading Up 9.4%

Builders FirstSource stock opened at $69.62 on Thursday. The firm has a 50-day moving average of $59.10 and a 200-day moving average of $79.82. Builders FirstSource, Inc. has a one year low of $49.67 and a one year high of $131.50. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.85 and a quick ratio of 1.14. The company has a market cap of $7.49 billion, a price-to-earnings ratio of 15.63, a P/E/G ratio of 1.77 and a beta of 1.41.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Thursday, October 29th. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.45. The company had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Builders FirstSource had a return on equity of 10.77% and a net margin of 0.28%. Builders FirstSource’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.88 EPS. On average, equities analysts expect that Builders FirstSource, Inc. will post 3.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on BLDR shares. Stifel Nicolaus increased their price objective on Builders FirstSource from $55.00 to $58.00 and gave the stock a “hold” rating in a report on Monday. Weiss Ratings restated a “sell (d)” rating on shares of Builders FirstSource in a research note on Monday, October 19th. Citizens Jmp began coverage on Builders FirstSource in a research report on Friday, August 21st. They set a “market perform” rating for the company. Royal Bank Of Canada reduced their price target on Builders FirstSource from $62.00 to $56.00 and set a “sector perform” rating for the company in a research report on Friday, October 30th. Finally, Wells Fargo & Company raised their price target on shares of Builders FirstSource from $55.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Friday, October 30th. Seven analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Builders FirstSource has a consensus rating of “Hold” and a consensus target price of $75.55.

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.