Stadium Capital Management LLC Has Boosted Its Position in Builders Firstsource INC (BLDR) by $5.38 Million as Share Price Declined

October 2, 2018 - By Ash

Builders FirstSource, Inc. (NASDAQ:BLDR) LogoInvestors sentiment decreased to 0.79 in 2018 Q2. Its down 0.24, from 1.03 in 2018Q1. It fall, as 40 investors sold BLDR shares while 72 reduced holdings. 24 funds opened positions while 65 raised stakes. 89.53 million shares or 6.48% less from 95.73 million shares in 2018Q1 were reported. Gotham Asset Ltd Liability Com holds 0.02% or 59,438 shares in its portfolio. Eagle Asset Inc invested 0.42% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR). 16,233 are held by Petrus Co Lta. Boston Advisors Ltd Liability Com stated it has 0.52% in Builders FirstSource, Inc. (NASDAQ:BLDR). Nebraska-based Nelson Van Denburg Campbell Wealth Management Gru Limited Liability has invested 0.05% in Builders FirstSource, Inc. (NASDAQ:BLDR). Alliancebernstein LP reported 430,930 shares. First Tru Advisors Lp owns 252,168 shares or 0.01% of their US portfolio. Stelliam Ltd Partnership holds 1.07M shares or 0.9% of its portfolio. 67 are owned by Hanseatic Ser Inc. State Common Retirement Fund holds 0% in Builders FirstSource, Inc. (NASDAQ:BLDR) or 148,753 shares. Pub Employees Retirement System Of Ohio holds 27,319 shares. Blackrock holds 8.63M shares or 0.01% of its portfolio. 36,395 were reported by Metropolitan Life Insur. Maryland-based Price T Rowe Md has invested 0% in Builders FirstSource, Inc. (NASDAQ:BLDR). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt Corporation accumulated 0.01% or 50,800 shares.

Since May 31, 2018, it had 2 insider buys, and 2 insider sales for $841,720 activity. MILGRIM BRETT N sold $683,580 worth of stock. BARR DAVID also bought $937,800 worth of Builders FirstSource, Inc. (NASDAQ:BLDR) shares. LEVY PAUL S bought $1.60 million worth of stock.

Stadium Capital Management Llc increased its stake in Builders Firstsource Inc (BLDR) by 9.71% based on its latest 2018Q2 regulatory filing with the SEC. Stadium Capital Management Llc bought 298,924 shares as the company’s stock declined 12.66% while stock markets rallied. The hedge fund held 3.38 million shares of the consumer services company at the end of 2018Q2, valued at $61.76M, up from 3.08 million at the end of the previous reported quarter. Stadium Capital Management Llc who had been investing in Builders Firstsource Inc for a number of months, seems to be bullish on the $1.63 billion market cap company. The stock increased 0.73% or $0.1031 during the last trading session, reaching $14.2031. About 880,140 shares traded. Builders FirstSource, Inc. (NASDAQ:BLDR) has risen 0.71% since October 2, 2017 and is uptrending. It has underperformed by 14.91% the S&P500.

Stadium Capital Management Llc, which manages about $639.76M and $246.82 million US Long portfolio, decreased its stake in United Insurance Holdings Corp (NASDAQ:UIHC) by 386,928 shares to 393,220 shares, valued at $7.70M in 2018Q2, according to the filing.

More news for Builders FirstSource, Inc. (NASDAQ:BLDR) were recently published by: Globenewswire.com, which released: “Report: Exploring Fundamental Drivers Behind Finisar, Hyster-Yale Materials Handling, Builders FirstSource, Regal …” on September 25, 2018. Nasdaq.com‘s article titled: “DIRTT Names Kevin O’Meara as Chief Executive Officer” and published on September 10, 2018 is yet another important article.

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

Among 8 analysts covering Builders Firstsource (NASDAQ:BLDR), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Builders Firstsource had 8 analyst reports since June 7, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Monday, August 20 by Deutsche Bank. As per Tuesday, July 17, the company rating was maintained by Wedbush. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, August 9 report. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, August 13. FBR Capital maintained Builders FirstSource, Inc. (NASDAQ:BLDR) rating on Thursday, June 7. FBR Capital has “Buy” rating and $2600 target.

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

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