UMB Bank n.a. Buys 327 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

UMB Bank n.a. lifted its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 108.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 629 shares of the company’s stock after purchasing an additional 327 shares during the quarter. UMB Bank n.a.’s holdings in Builders FirstSource were worth $90,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mountaineer Partners Management LLC bought a new position in shares of Builders FirstSource in the 3rd quarter valued at $2,099,877,000. FMR LLC boosted its stake in shares of Builders FirstSource by 45.7% during the third quarter. FMR LLC now owns 10,158,152 shares of the company’s stock valued at $1,969,259,000 after purchasing an additional 3,186,876 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Builders FirstSource by 23.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,458,255 shares of the company’s stock worth $282,697,000 after purchasing an additional 277,897 shares during the last quarter. Baillie Gifford & Co. acquired a new position in shares of Builders FirstSource in the third quarter valued at approximately $267,132,000. Finally, Diamond Hill Capital Management Inc. acquired a new stake in Builders FirstSource during the 3rd quarter worth approximately $255,867,000. Institutional investors own 95.53% of the company’s stock.

Insider Transactions at Builders FirstSource

In other news, Director Cleveland A. Christophe sold 10,000 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $178.41, for a total transaction of $1,784,100.00. Following the transaction, the director now directly owns 33,083 shares in the company, valued at approximately $5,902,338.03. This represents a 23.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.80% of the stock is currently owned by insiders.

Builders FirstSource Price Performance

Shares of NYSE BLDR opened at $168.26 on Friday. The stock’s 50-day simple moving average is $163.07 and its two-hundred day simple moving average is $170.20. Builders FirstSource, Inc. has a twelve month low of $130.75 and a twelve month high of $214.70. The firm has a market capitalization of $19.36 billion, a P/E ratio of 16.43, a P/E/G ratio of 0.90 and a beta of 2.11. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83.

Builders FirstSource (NYSE:BLDR) last announced its earnings results on Tuesday, November 5th. The company reported $3.07 earnings per share for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. The company had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.44 billion. During the same period in the prior year, the business earned $4.24 earnings per share. The company’s revenue for the quarter was down 6.7% compared to the same quarter last year. As a group, equities analysts anticipate that Builders FirstSource, Inc. will post 11.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BLDR. Stephens raised their price target on shares of Builders FirstSource from $178.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. UBS Group initiated coverage on Builders FirstSource in a research report on Friday, October 25th. They issued a “buy” rating and a $232.00 price target on the stock. Barclays lowered their price objective on Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Stifel Nicolaus reissued a “buy” rating and set a $175.00 target price on shares of Builders FirstSource in a research report on Wednesday, January 8th. Finally, Robert W. Baird boosted their price target on shares of Builders FirstSource from $190.00 to $222.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Builders FirstSource currently has an average rating of “Moderate Buy” and an average price target of $205.71.

Builders FirstSource 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, floor 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.