Raging Capital Management LLC Increases Position in Builders Firstsource INC (BLDR)

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30 May, 2017

Boothbay Fund Management LLC bought a new position in Builders FirstSource during the fourth quarter valued at $139,000. Finally, Citigroup Inc increased their price target on shares of Builders FirstSource from $14.00 to $17.00 and gave the stock a "neutral" rating in a research note on Thursday, May 11th. About 1.00 million shares traded. Builders FirstSource, Inc. has a 52 week low of $9.04 and a 52 week high of $16.50. It has outperformed by 7.60% the S&P500. (NYSE:HP) or 4,405 shares. He also unloaded 94,931 shares that are worth about $4,511,109 Dollars in the last 30 days. Essex Investment Management Co Llc bought 35,159 shares as the company's stock rose 13.67% with the market.

Since March 6, 2017, it had 0 insider purchases, and 6 insider sales for $293.86 million activity. $229,800 worth of Builders FirstSource, Inc.

In other news, CEO Floyd F. Sherman sold 15,000 shares of the firm's stock in a transaction on Monday, March 13th. SHERMAN FLOYD F had sold 15,000 shares worth $229,800. (NASDAQ:BLDR). Clearbridge Limited Liability Company accumulated 171,053 shares. Shares for $145.10M were sold by LEVY PAUL S on Wednesday, March 8. Goldman Sachs Group Inc. now owns 325,590 shares of the company's stock worth $4,851,000 after buying an additional 258,324 shares during the period. On Wednesday, March 8 the insider JLL Building Holdings - LLC sold $145.10M. (NASDAQ:BLDR). Morgan Stanley holds 0% or 393,754 shares. Therefore 71% are positive. Equities analysts anticipate that Builders FirstSource will post $1.09 EPS for the current fiscal year. The firm has "Buy" rating by Zacks given on Monday, August 10. As per Tuesday, September 8, the company rating was reinitiated by Deutsche Bank. The rating was maintained by Deutsche Bank on Monday, March 7 with "Buy". The stock has "Buy" rating by Seaport Global Securities on Tuesday, November 22. Builders FirstSource has an average rating of Hold and an average target price of $17.00. Following the sale, the chief executive officer now owns 668,635 shares of the company's stock, valued at $10,243,488.20. The rating was initiated by FBR Capital with "Outperform" on Wednesday, June 1. Citigroup maintained the stock with "Neutral" rating in Wednesday, July 13 report. Barclays Capital initiated Builders FirstSource, Inc. Raging Capital Management Llc who had been investing in Builders Firstsource Inc for a number of months, seems to be bullish on the $1.57 billion market cap company. The Company's operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

Numeric Investors LLC purchased a new position in shares of Builders FirstSource during the fourth quarter valued at about $1,164,000. Its up 0.36, from 0.97 in 2016Q3. It is positive, as 28 investors sold BLDR shares while 44 reduced holdings. 85 funds opened positions while 152 raised stakes. Bank Of America De has invested 0% of its portfolio in Builders FirstSource, Inc. Teachers Advisors LLC raised its position in shares of Builders FirstSource by 0.8% in the third quarter.

William C. Martin increased its stake in Builders Firstsource Inc (BLDR) by 153.14% based on its latest 2016Q4 regulatory filing with the SEC. Glassman Wealth Services now owns 10,186 shares of the company's stock valued at $112,000 after buying an additional 9,786 shares in the last quarter. Wedbush initiated the shares of BLDR in report on Wednesday, September 7 with "Outperform" rating. Moreover, California State Teachers Retirement Systems has 0% invested in Builders FirstSource, Inc. (NASDAQ:BLDR). Credit Suisse Ag owns 95,191 shares. Barclays Public Ltd Co holds 117,207 shares or 0.01% of its portfolio. (NASDAQ:BLDR) for 255,760 shares. Blackrock Advsr Ltd invested 0% in Builders FirstSource, Inc. (NASDAQ:BLDR). Parallax Volatility Advisers Limited Partnership has 24 shares for 0% of their portfolio. (NASDAQ:BLDR) for 865 shares. 107.48 million shares or 7.38% less from 116.04 million shares in 2016Q3 were reported. Gotham Asset Mngmt Lc accumulated 0.02% or 120,758 shares. Emerald Advisers Pa stated it has 15,019 shares. The stock decreased 0.22% or $0.12 on May 26, reaching $53.67. Blackrock Institutional Na has 0% invested in Builders FirstSource, Inc. Over the last three months, insiders have sold 10,293,684 shares of company stock valued at $149,505,344. Dimensional Fund Advsr L P holds 984,917 shares. 9,545 were reported by Guggenheim Capital Ltd. Geode Cap Management Ltd Liability Corp holds 0.01% or 266,810 shares. Ubs Asset Mgmt Americas holds 0% or 14,798 shares in its portfolio. The hedge fund run by Thomas Bancroft held 5.95M shares of the catalog and specialty distribution company at the end of 2016Q4, valued at $118.81M, up from 5.88M at the end of the previous reported quarter. Builders FirstSource had a net margin of 2.03% and a return on equity of 49.20%. Water Island Capital Limited Co owns 380,591 shares. Gabelli Funds Llc has 799,510 shares for 0.05% of their portfolio. 113,978 are owned by D E Shaw &. Us Bancorporation De has 48,420 shares for 0% of their portfolio.

Datalink Corporation is a provider of information technology services and solutions. Arrow Financial owns 360 shares.

Analysts await Helmerich & Payne, Inc. During the same quarter in the prior year, the firm earned ($0.13) EPS. FCB's profit will be $26.56 million for 18.35 P/E if the $0.63 EPS becomes a reality. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.49 billion.

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