27,184 Shares in Builders FirstSource, Inc. $BLDR Acquired by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. acquired a new position in Builders FirstSource, Inc. (NYSE:BLDR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 27,184 shares of the company’s stock, valued at approximately $1,550,000.

Other large investors also recently modified their holdings of the company. Sunbelt Securities Inc. boosted its position in shares of Builders FirstSource by 508.5% during 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 grew its holdings in Builders FirstSource by 43.6% during the first quarter. Root Financial Partners LLC now owns 372 shares of the company’s stock worth $31,000 after buying an additional 113 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. purchased a new stake in Builders FirstSource in the 3rd quarter valued at $34,000. Versant Capital Management Inc lifted its stake in Builders FirstSource by 67.5% during the 3rd quarter. Versant Capital Management Inc now owns 670 shares of the company’s stock valued at $38,000 after acquiring an additional 270 shares in the last quarter. Finally, Allworth Financial LP bought a new position in Builders FirstSource during the 2nd quarter valued at $42,000. Institutional investors own 95.53% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on BLDR. DA Davidson set a $68.00 target price on shares of Builders FirstSource in a research note on Friday, July 31st. BMO Capital Markets reissued a “market perform” rating and set a $80.00 price target on shares of Builders FirstSource in a research report on Thursday, August 6th. UBS Group set a $85.00 price target on shares of Builders FirstSource in a research report on Thursday, October 1st. Barclays cut their price target on shares of Builders FirstSource from $93.00 to $81.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft set a $66.00 price objective on shares of Builders FirstSource in a research 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 assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $83.54.

Builders FirstSource Stock Performance

Builders FirstSource stock traded up $1.06 during mid-day trading on Friday, reaching $54.74. 2,602,922 shares of the company’s stock were exchanged, compared to its average volume of 3,699,288. The business’s fifty day simple moving average is $62.10 and its 200 day simple moving average is $72.68. The company has a quick ratio of 1.09, a current ratio of 1.79 and a debt-to-equity ratio of 1.14. Builders FirstSource, Inc. has a one year low of $49.67 and a one year high of $131.50. The firm has a market capitalization of $5.89 billion, a PE ratio of 60.15, a P/E/G ratio of 1.75 and a beta of 1.45.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.08). Builders FirstSource had a net margin of 0.71% and a return on equity of 11.73%. The business had revenue of $3.86 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter last year, the company earned $2.38 EPS. The firm’s revenue for the quarter was down 8.8% compared to the same quarter last year. On average, sell-side analysts expect that Builders FirstSource, Inc. will post 3.13 earnings per share for the current year.

Builders FirstSource Profile

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.