Sanibel Captiva Trust Company Inc. Has $308,000 Stake in Builders FirstSource, Inc. (NYSE:BLDR)

Sanibel Captiva Trust Company Inc. lowered its stake in shares of Builders FirstSource, Inc. (NYSE:BLDRFree Report) by 19.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,155 shares of the company’s stock after selling 525 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in Builders FirstSource were worth $308,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Integrated Investment Consultants LLC increased its holdings in Builders FirstSource by 0.4% in the 4th quarter. Integrated Investment Consultants LLC now owns 15,008 shares of the company’s stock valued at $2,145,000 after buying an additional 65 shares during the period. Merit Financial Group LLC acquired a new stake in shares of Builders FirstSource during the 4th quarter worth approximately $251,000. Wealthcare Advisory Partners LLC bought a new position in Builders FirstSource in the fourth quarter valued at approximately $233,000. Avanza Fonder AB acquired a new position in Builders FirstSource during the fourth quarter valued at approximately $1,873,000. Finally, Gateway Investment Advisers LLC lifted its stake in Builders FirstSource by 30.1% during the fourth quarter. Gateway Investment Advisers LLC now owns 4,045 shares of the company’s stock worth $578,000 after purchasing an additional 936 shares during the last quarter. Institutional investors own 95.53% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on BLDR. Stifel Nicolaus reissued a “buy” rating and set a $175.00 price target on shares of Builders FirstSource in a report on Wednesday, January 8th. Stephens increased their target price on shares of Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. The Goldman Sachs Group started coverage on shares of Builders FirstSource in a report on Thursday, October 10th. They set a “buy” rating and a $225.00 price target on the stock. Raymond James assumed coverage on shares of Builders FirstSource in a research note on Friday. They issued an “outperform” rating and a $180.00 price objective for the company. Finally, StockNews.com cut shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $205.71.

Check Out Our Latest Stock Analysis on Builders FirstSource

Builders FirstSource Price Performance

Shares of NYSE BLDR opened at $164.09 on Monday. 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 market capitalization of $18.88 billion, a PE ratio of 16.02, a P/E/G ratio of 0.75 and a beta of 2.11. The firm has a fifty day simple moving average of $163.99 and a 200 day simple moving average of $169.79. Builders FirstSource, Inc. has a twelve month low of $130.75 and a twelve month high of $214.70.

Builders FirstSource (NYSE:BLDRGet Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $3.07 earnings per share (EPS) 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 business had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.44 billion. During the same period in the prior year, the firm earned $4.24 earnings per share. The firm’s revenue for the quarter was down 6.7% compared to the same quarter last year. On average, sell-side analysts forecast that Builders FirstSource, Inc. will post 11.55 EPS for the current year.

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 shares were sold at an average price of $178.41, for a total transaction of $1,784,100.00. Following the transaction, the director now owns 33,083 shares of the company’s stock, valued at $5,902,338.03. This represents a 23.21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.80% of the company’s stock.

Builders FirstSource Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Builders FirstSource (NYSE:BLDR)

Receive News & Ratings for Builders FirstSource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Builders FirstSource and related companies with MarketBeat.com's FREE daily email newsletter.