Prescott Group Capital Management L.L.C. Has $4.25 Million Stake in Builders FirstSource, Inc. (NYSE:BLDR)

Prescott Group Capital Management L.L.C. decreased its holdings in Builders FirstSource, Inc. (NYSE:BLDR) by 24.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,237 shares of the company’s stock after selling 10,000 shares during the quarter. Builders FirstSource accounts for about 0.9% of Prescott Group Capital Management L.L.C.’s portfolio, making the stock its 26th largest holding. Prescott Group Capital Management L.L.C.’s holdings in Builders FirstSource were worth $4,248,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of BLDR. Vanguard Group Inc. increased its holdings in Builders FirstSource by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 17,422,176 shares of the company’s stock valued at $1,124,428,000 after buying an additional 86,484 shares during the period. Wellington Management Group LLP increased its holdings in Builders FirstSource by 14.8% in the 1st quarter. Wellington Management Group LLP now owns 11,277,012 shares of the company’s stock valued at $727,819,000 after buying an additional 1,455,580 shares during the period. State Street Corp increased its holdings in Builders FirstSource by 0.4% in the 1st quarter. State Street Corp now owns 4,552,723 shares of the company’s stock valued at $404,191,000 after buying an additional 17,357 shares during the period. Geode Capital Management LLC increased its holdings in Builders FirstSource by 1.7% in the 1st quarter. Geode Capital Management LLC now owns 2,138,839 shares of the company’s stock valued at $190,771,000 after buying an additional 35,562 shares during the period. Finally, Morgan Stanley increased its holdings in Builders FirstSource by 39.7% in the 4th quarter. Morgan Stanley now owns 1,448,679 shares of the company’s stock valued at $93,990,000 after buying an additional 411,896 shares during the period. Institutional investors and hedge funds own 94.73% of the company’s stock.

Builders FirstSource Stock Up 0.5 %

Shares of Builders FirstSource stock traded up $0.62 during trading on Monday, reaching $134.21. 505,288 shares of the company traded hands, compared to its average volume of 1,879,630. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.76 and a quick ratio of 1.11. The company has a 50 day moving average price of $121.66 and a 200-day moving average price of $128.59. Builders FirstSource, Inc. has a 1-year low of $59.39 and a 1-year high of $156.85. The firm has a market capitalization of $16.55 billion, a PE ratio of 11.34 and a beta of 2.04.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings data on Wednesday, November 1st. The company reported $4.24 earnings per share for the quarter, topping the consensus estimate of $4.05 by $0.19. Builders FirstSource had a net margin of 9.10% and a return on equity of 41.27%. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.88 billion. During the same quarter in the prior year, the company posted $5.20 earnings per share. The business’s revenue was down 21.3% on a year-over-year basis. As a group, equities research analysts expect that Builders FirstSource, Inc. will post 13.72 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Stephens decreased their price target on shares of Builders FirstSource from $175.00 to $150.00 and set an “overweight” rating on the stock in a report on Thursday, November 2nd. Benchmark lifted their price target on shares of Builders FirstSource from $153.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 3rd. Royal Bank of Canada decreased their price target on shares of Builders FirstSource from $188.00 to $152.00 and set an “outperform” rating on the stock in a report on Thursday, November 2nd. Barclays decreased their price target on shares of Builders FirstSource from $200.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, October 12th. Finally, BMO Capital Markets boosted their target price on shares of Builders FirstSource from $125.00 to $135.00 and gave the stock a “market perform” rating in a report on Friday, August 4th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $140.77.

Builders FirstSource Company Profile

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.