Capital Investment Advisors LLC Sells 227 Shares of Builders FirstSource, Inc. $BLDR

Capital Investment Advisors LLC lessened its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 1.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 12,655 shares of the company’s stock after selling 227 shares during the period. Capital Investment Advisors LLC’s holdings in Builders FirstSource were worth $1,477,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in BLDR. GAMMA Investing LLC grew its holdings in shares of Builders FirstSource by 20,946.5% during the first quarter. GAMMA Investing LLC now owns 243,508 shares of the company’s stock worth $30,424,000 after purchasing an additional 242,351 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of Builders FirstSource by 9.4% during the first quarter. Rhumbline Advisers now owns 232,330 shares of the company’s stock worth $29,027,000 after purchasing an additional 19,904 shares during the last quarter. Czech National Bank grew its holdings in shares of Builders FirstSource by 5.9% during the first quarter. Czech National Bank now owns 26,433 shares of the company’s stock worth $3,303,000 after purchasing an additional 1,480 shares during the last quarter. NBC Securities Inc. grew its holdings in shares of Builders FirstSource by 124,900.0% during the first quarter. NBC Securities Inc. now owns 1,250 shares of the company’s stock worth $156,000 after purchasing an additional 1,249 shares during the last quarter. Finally, Sentry Investment Management LLC bought a new stake in shares of Builders FirstSource during the first quarter worth $40,000. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Trading Up 4.7%

NYSE:BLDR opened at $126.90 on Thursday. Builders FirstSource, Inc. has a 1-year low of $102.60 and a 1-year high of $201.53. The business’s 50-day moving average price is $134.05 and its two-hundred day moving average price is $124.26. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12. The firm has a market capitalization of $14.03 billion, a price-to-earnings ratio of 19.26, a PEG ratio of 12.89 and a beta of 1.63.

Builders FirstSource (NYSE:BLDR) last released its earnings results on Thursday, July 31st. The company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.35 by $0.03. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The firm had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.29 billion. During the same quarter in the prior year, the firm posted $3.50 earnings per share. The company’s quarterly revenue was down 5.0% on a year-over-year basis. Builders FirstSource has set its FY 2025 guidance at EPS. On average, equities analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

BLDR has been the topic of several research analyst reports. Royal Bank Of Canada cut Builders FirstSource from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from $132.00 to $129.00 in a report on Friday, August 1st. Wedbush reiterated a “neutral” rating and issued a $145.00 price target on shares of Builders FirstSource in a report on Monday, September 15th. Stifel Nicolaus raised their price target on Builders FirstSource from $118.00 to $128.00 and gave the company a “hold” rating in a report on Friday, August 1st. Baird R W cut Builders FirstSource from a “strong-buy” rating to a “hold” rating in a report on Friday, August 1st. Finally, DA Davidson decreased their price target on Builders FirstSource from $135.00 to $125.00 and set a “neutral” rating on the stock in a report on Monday, August 4th. Eleven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $151.50.

About Builders FirstSource

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.