Beaconlight Capital LLC Increases Holding in Builders Firstsource INC (BLDR)

March 14, 2018 - By Adrian Mccoy

Investors sentiment increased to 2.02 in 2017 Q3. Its up 0.72, from 1.3 in 2017Q2. It improved, as 11 investors sold BLDR shares while 53 reduced holdings. 52 funds opened positions while 77 raised stakes. 101.77 million shares or 11.10% more from 91.60 million shares in 2017Q2 were reported. Trexquant Ltd Partnership reported 11,334 shares or 0.05% of all its holdings. Moreover, Emerald Mutual Fund Advisers Trust has 0.01% invested in Builders FirstSource, Inc. (NASDAQ:BLDR) for 10,464 shares. Morgan Stanley reported 0% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR). 69,053 were accumulated by Pnc Financial Incorporated. Victory Cap Mgmt Incorporated holds 8,152 shares or 0% of its portfolio. Oppenheimer Asset Mngmt Inc invested in 799 shares. Barclays Public Limited Co holds 0% or 56,080 shares. Meeder Asset Mgmt, a Ohio-based fund reported 2,336 shares. 27,693 were reported by Alps Incorporated. Clearbridge Investments Limited Co holds 0% or 209,866 shares. Schwab Charles Investment Management Inc owns 468,203 shares. Comerica Fincl Bank owns 61,040 shares. Spruce House Invest Limited Liability Company holds 3.65 million shares. Quantbot Tech Lp, New York-based fund reported 35,168 shares. Goldman Sachs Gp Incorporated holds 285,252 shares.

Since March 1, 2018, it had 0 buys, and 4 selling transactions for $4.59 million activity. Tolly Morris E sold $1.06M worth of stock or 50,000 shares. On Thursday, March 8 Jackson Peter M. sold $256,680 worth of Builders FirstSource, Inc. (NASDAQ:BLDR) or 11,972 shares. The insider CROW M CHAD sold $1.14M.

Ed Bosek increased its stake in Builders Firstsource Inc (BLDR) by 19.43% based on its latest 2017Q3 regulatory filing with the SEC. Beaconlight Capital Llc bought 315,810 shares as the company’s stock rose 13.67% with the market. The hedge fund run by Ed Bosek held 1.94M shares of the consumer services company at the end of 2017Q3, valued at $34.92 million, up from 1.63 million at the end of the previous reported quarter. Beaconlight Capital Llc who had been investing in Builders Firstsource Inc for a number of months, seems to be bullish on the $2.48B market cap company. The stock decreased 0.82% or $0.18 during the last trading session, reaching $21.72. About 285,161 shares traded. Builders FirstSource, Inc. (NASDAQ:BLDR) has risen 24.30% since March 14, 2017 and is uptrending. It has outperformed by 7.60% the S&P500.

More notable recent Builders FirstSource, Inc. (NASDAQ:BLDR) news were published by: which released: “The Zacks Analyst Blog Highlights: Builders FirstSource, Paycom Software …” on March 12, 2018, also with their article: “Should You Buy Builders FirstSource (BLDR) Ahead of Earnings?” published on February 27, 2018, published: “Builders FirstSource Reports Fourth Quarter and Fiscal 2017 Results” on February 28, 2018. More interesting news about Builders FirstSource, Inc. (NASDAQ:BLDR) were released by: and their article: “Builders FirstSource Earnings Are Accelerating Yet Remains Undervalued” published on March 05, 2018 as well as‘s news article titled: “ highlights: Centene, Andersons, Builders FirstSource, United …” with publication date: February 28, 2018.

Builders FirstSource, Inc. (NASDAQ:BLDR) Ratings Coverage

Among 11 analysts covering Builders Firstsource (NASDAQ:BLDR), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Builders Firstsource had 27 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was initiated by FBR Capital on Wednesday, June 1 with “Outperform”. The firm earned “Buy” rating on Monday, March 7 by Deutsche Bank. B. Riley & Co maintained Builders FirstSource, Inc. (NASDAQ:BLDR) on Friday, November 10 with “Buy” rating. The rating was maintained by Wedbush with “Buy” on Thursday, September 7. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) earned “Buy” rating by SunTrust on Thursday, November 9. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) earned “Buy” rating by Deutsche Bank on Tuesday, September 8. SunTrust maintained Builders FirstSource, Inc. (NASDAQ:BLDR) rating on Friday, March 2. SunTrust has “Buy” rating and $25.0 target. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, August 3. FBR Capital maintained the shares of BLDR in report on Thursday, March 1 with “Buy” rating. The rating was initiated by Credit Suisse on Thursday, October 8 with “Neutral”.

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