Economy

Builders FirstSource, Inc. (BLDR) Rating Reiterated by Wedbush

Shares of Builders FirstSource (BLDR) traded down 2.51% during trading on Thursday, hitting $16.31. It has outperformed by 7.60% the S&P500. Wedbush reissued a "buy" rating and set a $20.00 price objective on shares of Builders FirstSource in a report on Thursday, September 7th. BPOP's SI was 859,700 shares in September as released by FINRA. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 7.79% with $111.25 Million sitting short, betting on future declines. After the latest session, which saw the stock close at a price of $16.73, BLDR sits -2.85% below its 52-week high. It has outperformed by 19.67% the S&P500. The Company's operating divisions include Northeast, Southeast, South and West. It has a 11.04 P/E ratio. Its down 0.18, from 0.93 in 2016Q3. 43 funds opened positions while 79 raised stakes. Perritt Management Inc owns 12,800 shares for 0.03% of their portfolio. Georgia-based Voya Ltd has invested 0% in Builders FirstSource, Inc. Numeric Ltd Liability invested in 0.16% or 349,000 shares. California Public Employees Retirement Systems reported 385,700 shares or 0.03% of all its holdings. (NYSE:OAS). Citadel Limited Liability stated it has 2.98 million shares or 0.05% of all its holdings. Builders FirstSource, Inc. dipped to as low as $16.67 throughout the day and has returned 52.51% in this year. (NASDAQ:BLDR). Lord Abbett & Com Llc owns 3.11 million shares. Parsons Capital Ri holds 0.19% of its portfolio in Time Warner Inc (NYSE:TWX) for 15,114 shares. Invesco Ltd reported 0% stake.

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. 118,200 are held by Credit Agricole S A. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". Therefore 62% are positive. Popular Inc had 22 analyst reports since July 27, 2015 according to SRatingsIntel. Builders FirstSource has a consensus rating of "Hold" and an average target price of $17.29. The firm earned "Buy" rating on Tuesday, September 8 by Deutsche Bank. The firm has "Sector Perform" rating given on Monday, October 24 by RBC Capital Markets. The stock of Popular Inc (NASDAQ:BPOP) earned "Neutral" rating by Compass Point on Friday, November 18. Analysts are turning out to be more optimistic than before, with 4 of analysts who cover BlackBerry Limited (NASDAQ:BBRY) advice adding it to buy candidate list. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. Barclays Capital has "Equal Weight" rating and $12 target. Metropolitan Life Insurance Ny holds 0% of its portfolio in Builders FirstSource, Inc. The insider NESTOR O. It fall, as 44 investors sold OAS shares while 53 reduced holdings. 757,342 shares of the stock were exchanged. $84,247 worth of Popular Inc (NASDAQ:BPOP) was sold by SEPULVEDA ELI. They now have a $20.00 price target on the stock.

05/11/2017 - Builders FirstSource, Inc. had its "neutral" rating reiterated by analysts at Citigroup.

Analysts await United States Cellular Corp (NYSE:USM) to report earnings on November, 3. During the same quarter previous year, the company earned $0.31 earnings per share. USM's profit will be $13.64 million for 54.08 P/E if the $0.16 EPS becomes a reality.

Since June 9, 2017, it had 0 insider purchases, and 1 sale for $521,850 activity.

In related news, CEO Floyd F. Sherman sold 109,536 shares of the stock in a transaction that occurred on Friday, September 8th.

Investors sentiment decreased to 1.06 in Q4 2016. Its up 0.40, from 1.09 in 2016Q3. Mesirow Financial Investment Management Inc. bought a new position in shares of Builders FirstSource during the second quarter worth approximately $465,000. Cleararc Cap reported 41,227 shares stake. (NASDAQ:BLDR). Dimensional Fund Advisors Lp has invested 0.02% in Builders FirstSource, Inc. (NASDAQ:BLDR) in a report published on Thursday, September 7th. Us State Bank De holds 48,420 shares. SG Americas Securities LLC acquired a new stake in shares of Builders FirstSource during the 2nd quarter worth approximately $114,000. Cubist Systematic Strategies Limited Co reported 0.01% stake. The company shares sank -2.85% from their peak of $17.22 and now has a $1.88 billion market value of equity. That suggests something of the likelihood of a short squeeze in shares of BLDR. Blackrock Institutional Na holds 21.10 million shares or 0.3% of its portfolio. Mcclain Value Management Ltd Liability Corp reported 199,051 shares.



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