Integrated Investment Consultants LLC Has $2.15 Million Holdings in Builders FirstSource, Inc. (NYSE:BLDR)

Integrated Investment Consultants LLC increased its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 0.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 15,008 shares of the company’s stock after purchasing an additional 65 shares during the period. Integrated Investment Consultants LLC’s holdings in Builders FirstSource were worth $2,145,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BLDR. Brooklyn Investment Group bought a new stake in Builders FirstSource during the third quarter worth approximately $28,000. Armstrong Advisory Group Inc. acquired a new stake in shares of Builders FirstSource in the third quarter worth $30,000. Reston Wealth Management LLC bought a new stake in shares of Builders FirstSource during the 3rd quarter worth $39,000. Brown Brothers Harriman & Co. acquired a new position in Builders FirstSource in the 3rd quarter valued at $46,000. Finally, Friedenthal Financial bought a new position in Builders FirstSource in the 3rd quarter worth $50,000. 95.53% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BLDR. DA Davidson raised their price target on Builders FirstSource from $169.00 to $175.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Loop Capital raised their target price on Builders FirstSource from $190.00 to $230.00 and gave the company a “buy” rating in a report on Friday, September 20th. Robert W. Baird increased their price objective on Builders FirstSource from $190.00 to $222.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Wedbush restated an “outperform” rating and issued a $230.00 price objective on shares of Builders FirstSource in a research note on Wednesday, December 18th. Finally, The Goldman Sachs Group began coverage on shares of Builders FirstSource in a research note on Thursday, October 10th. They set a “buy” rating and a $225.00 target price for the company. Four research 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $205.71.

Insider Activity

In other news, Director Cleveland A. Christophe sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $178.41, for a total transaction of $1,784,100.00. Following the completion of the sale, the director now owns 33,083 shares of the company’s stock, valued at approximately $5,902,338.03. This trade represents a 23.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.80% of the stock is owned by corporate insiders.

Builders FirstSource Stock Up 2.1 %

Shares of BLDR opened at $164.09 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83. The company has a 50-day moving average price of $163.99 and a two-hundred day moving average price of $169.30. The stock has a market cap of $18.88 billion, a price-to-earnings ratio of 16.02, a P/E/G ratio of 0.75 and a beta of 2.11. Builders FirstSource, Inc. has a 12 month low of $130.75 and a 12 month high of $214.70.

Builders FirstSource (NYSE:BLDR) last posted its earnings results on Tuesday, November 5th. The company reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). Builders FirstSource had a return on equity of 33.55% and a net margin of 7.40%. The company had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter last year, the business earned $4.24 EPS. Builders FirstSource’s quarterly revenue was down 6.7% compared to the same quarter last year. Equities analysts predict that Builders FirstSource, Inc. will post 11.55 EPS for the current fiscal year.

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, 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.