Moody Lynn & Lieberson LLC Sells 32,092 Shares of Builders FirstSource, Inc. $BLDR

Moody Lynn & Lieberson LLC reduced its position in Builders FirstSource, Inc. (NYSE:BLDR) by 43.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 41,520 shares of the company’s stock after selling 32,092 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Builders FirstSource were worth $4,272,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its position in shares of Builders FirstSource by 167.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 211 shares of the company’s stock valued at $26,000 after buying an additional 132 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new position in shares of Builders FirstSource during the 3rd quarter worth approximately $34,000. CYBER HORNET ETFs LLC acquired a new position in shares of Builders FirstSource during the 2nd quarter worth approximately $38,000. MUFG Securities EMEA plc bought a new stake in Builders FirstSource in the 2nd quarter valued at $38,000. Finally, IMA Advisory Services Inc. lifted its holdings in Builders FirstSource by 40.9% during the 3rd quarter. IMA Advisory Services Inc. now owns 355 shares of the company’s stock valued at $43,000 after purchasing an additional 103 shares during the last quarter. Institutional investors own 95.53% of the company’s stock.

Wall Street Analysts Forecast Growth

BLDR has been the subject of a number of research analyst reports. Zacks Research raised shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a research report on Friday, March 20th. The Goldman Sachs Group cut their target price on shares of Builders FirstSource from $150.00 to $142.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Wells Fargo & Company lifted their target price on shares of Builders FirstSource from $115.00 to $120.00 and gave the stock a “cautious” rating in a report on Wednesday, February 11th. Stifel Nicolaus decreased their price target on shares of Builders FirstSource from $115.00 to $93.00 and set a “hold” rating on the stock in a research note on Monday, March 16th. Finally, William Blair started coverage on shares of Builders FirstSource in a report on Thursday, February 26th. They issued an “outperform” rating on the stock. Ten analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $126.65.

Builders FirstSource Stock Up 4.3%

NYSE BLDR opened at $82.27 on Wednesday. The company has a current ratio of 1.86, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. The company has a market cap of $9.10 billion, a price-to-earnings ratio of 21.20, a PEG ratio of 1.90 and a beta of 1.56. The company has a 50 day moving average of $104.21 and a 200-day moving average of $111.01. Builders FirstSource, Inc. has a 1-year low of $78.55 and a 1-year high of $151.03.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $1.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.18). The company had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.46 billion. Builders FirstSource had a return on equity of 17.89% and a net margin of 2.87%.The company’s quarterly revenue was down 12.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.31 EPS. On average, equities research analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Paul S. Levy purchased 50,000 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of $87.73 per share, for a total transaction of $4,386,500.00. Following the completion of the transaction, the director owned 1,727,191 shares of the company’s stock, valued at approximately $151,526,466.43. This trade represents a 2.98% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.80% of the company’s stock.

About Builders FirstSource

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.