Builders FirstSource (BLDR) : Lorber David A added new position in Builders FirstSource during the most recent quarter end. The investment management firm now holds 9,418 shares of Builders FirstSource which is valued at $97,853 , the company said in a statement filed on Nov 14, 2016 with the SEC.Builders FirstSource makes up approximately 2.95% of Lorber David A’s portfolio.
Other Hedge Funds, Including , 1492 Capital Management added BLDR to its portfolio by purchasing 36,089 company shares during the most recent quarter which is valued at $364,499. Builders FirstSource makes up approx 0.31% of 1492 Capital Management’s portfolio.Westfield Capital Management Co Lp reduced its stake in BLDR by selling 136,360 shares or 4.09% in the most recent quarter. The Hedge Fund company now holds 3,196,956 shares of BLDR which is valued at $32,289,256. Builders FirstSource makes up approx 0.26% of Westfield Capital Management Co Lp’s portfolio. King Luther Capital Management Corp added BLDR to its portfolio by purchasing 454,145 company shares during the most recent quarter which is valued at $4,586,865. Builders FirstSource makes up approx 0.04% of King Luther Capital Management Corp’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in BLDR in the latest quarter, The investment management firm added 244,573 additional shares and now holds a total of 2,156,167 shares of Builders FirstSource which is valued at $20,569,833.
Builders FirstSource opened for trading at $11.16 and hit $11.41 on the upside on Monday, eventually ending the session at $11.19, with a gain of 0.81% or 0.09 points. The heightened volatility saw the trading volume jump to 11,40,290 shares. Company has a market cap of $1,248 M.
On the company’s financial health, Builders FirstSource reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on Nov 3, 2016. Analyst had a consensus of $0.38. The company had revenue of $1745.90 million for the quarter, compared to analysts expectations of $1773.56 million. The company’s revenue was up 36.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.
Builders FirstSource Inc. is a supplier and manufacturer of structural and related building products for residential new construction. The Company groups its building products and services into five product categories: Prefabricated Components Windows & Doors Lumber & Lumber Sheet Goods Millwork and Other Building Products & Services. The Companys Prefabricated Components are factory-built substitutes for job-site framing. The Windows & Doors category includes the manufacturing assembly and distribution of windows and the assembly and distribution of interior and exterior door units. The Lumber & Lumber Sheet Goods category includes dimensional lumber plywood and oriented strand board (OSB) products. The Millwork category offers interior and exterior trim columns and posts as well as custom exterior features under the Synboard brand. The Other Building Products & Services category consists of various products including hardware composite materials roofing and insulation.