Builders Firstsource INC (BLDR) Holder Raging Capital Management LLC Decreased Position as Valuation Declined

June 17, 2018 - By Vivian Park

Builders FirstSource, Inc. (NASDAQ:BLDR) LogoInvestors sentiment increased to 1.03 in 2018 Q1. Its up 0.03, from 1 in 2017Q4. It increased, as 23 investors sold BLDR shares while 84 reduced holdings. 44 funds opened positions while 66 raised stakes. 95.73 million shares or 5.84% less from 101.67 million shares in 2017Q4 were reported. Loring Wolcott Coolidge Fiduciary Advisors Llp Ma holds 9,025 shares or 0% of its portfolio. Impala Asset Mgmt Ltd Liability Com owns 914,399 shares. Lakewood Mgmt Ltd Partnership reported 2.63M shares. Jacobs Levy Equity holds 73,530 shares. Renaissance Tech Limited, New York-based fund reported 774,000 shares. Cipher Lp owns 0.21% invested in Builders FirstSource, Inc. (NASDAQ:BLDR) for 87,869 shares. Clearbridge Lc, New York-based fund reported 89,450 shares. Westfield Mngmt Lp reported 0.26% in Builders FirstSource, Inc. (NASDAQ:BLDR). Secor Advsrs Ltd Partnership owns 0.16% invested in Builders FirstSource, Inc. (NASDAQ:BLDR) for 96,846 shares. Moreover, Mutual Of America Mgmt Limited Com has 0.06% invested in Builders FirstSource, Inc. (NASDAQ:BLDR). Essex Mgmt Ltd Com invested in 150,486 shares or 0.39% of the stock. Royal Retail Bank Of Canada invested in 10,965 shares or 0% of the stock. Comml Bank Of Montreal Can reported 91,400 shares or 0% of all its holdings. Pcj Inv Counsel has invested 0.04% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR). Magnetar Fincl Ltd Co has 12,801 shares for 0.01% of their portfolio.

Since March 1, 2018, it had 0 buys, and 7 sales for $10.48 million activity. Shares for $256,680 were sold by Jackson Peter M.. Shares for $4.20M were sold by MCALEENAN DONALD F on Monday, March 12. $1.14M worth of stock was sold by CROW M CHAD on Wednesday, March 7. 34,930 Builders FirstSource, Inc. (NASDAQ:BLDR) shares with value of $683,580 were sold by MILGRIM BRETT N. Tolly Morris E sold $1.06 million worth of stock.

William C. Martin decreased its stake in Builders Firstsource Inc (BLDR) by 33.88% based on its latest 2018Q1 regulatory filing with the SEC. Raging Capital Management Llc sold 533,088 shares as the company’s stock declined 4.97% with the market. The hedge fund run by William C. Martin held 1.04 million shares of the consumer services company at the end of 2018Q1, valued at $20.64M, down from 1.57 million at the end of the previous reported quarter. Raging Capital Management Llc who had been investing in Builders Firstsource Inc for a number of months, seems to be less bullish one the $2.16B market cap company. The stock decreased 0.89% or $0.17 during the last trading session, reaching $18.88. About 1.41M shares traded or 37.22% up from the average. Builders FirstSource, Inc. (NASDAQ:BLDR) has risen 41.13% since June 17, 2017 and is uptrending. It has outperformed by 28.56% the S&P500.

Analysts await Builders FirstSource, Inc. (NASDAQ:BLDR) to report earnings on August, 2. They expect $0.56 earnings per share, up 51.35 % or $0.19 from last year’s $0.37 per share. BLDR’s profit will be $64.19M for 8.43 P/E if the $0.56 EPS becomes a reality. After $0.24 actual earnings per share reported by Builders FirstSource, Inc. for the previous quarter, Wall Street now forecasts 133.33 % EPS growth.

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

Among 5 analysts covering Builders Firstsource (NASDAQ:BLDR), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Builders Firstsource had 7 analyst reports since January 2, 2018 according to SRatingsIntel. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) has “Buy” rating given on Sunday, January 21 by Stifel Nicolaus. The firm earned “Buy” rating on Thursday, June 7 by FBR Capital. Stifel Nicolaus maintained it with “Buy” rating and $28.0 target in Thursday, March 1 report. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) has “Buy” rating given on Tuesday, January 2 by Seaport Global. The firm earned “Buy” rating on Tuesday, January 16 by Stephens. The rating was maintained by SunTrust with “Buy” on Friday, March 2. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) has “Buy” rating given on Thursday, March 1 by FBR Capital.

Builders FirstSource, Inc. (NASDAQ:BLDR) Institutional Positions Chart

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