Guardian Point Capital Lp adds Builders FirstSource (BLDR) to its portfolio

Builders FirstSource (BLDR) : Guardian Point Capital Lp added new position in Builders FirstSource during the most recent quarter end. The investment management firm now holds 175,000 shares of Builders FirstSource which is valued at $1,818,250 , the company said in a statement filed on Nov 14, 2016 with the SEC.Builders FirstSource makes up approximately 1.28% of Guardian Point Capital Lp’s portfolio.

Other Hedge Funds, Including , Millennium Management added BLDR to its portfolio by purchasing 227,521 company shares during the most recent quarter which is valued at $2,363,943.Citadel Advisors boosted its stake in BLDR in the latest quarter, The investment management firm added 619,298 additional shares and now holds a total of 642,386 shares of Builders FirstSource which is valued at $6,488,099. Builders FirstSource makes up approx 0.02% of Citadel Advisors’s portfolio.Lord Abbett boosted its stake in BLDR in the latest quarter, The investment management firm added 506,832 additional shares and now holds a total of 4,000,303 shares of Builders FirstSource which is valued at $40,403,060. Builders FirstSource makes up approx 0.13% of Lord Abbett’s portfolio.Advisor Group boosted its stake in BLDR in the latest quarter, The investment management firm added 260 additional shares and now holds a total of 1,010 shares of Builders FirstSource which is valued at $9,555. Campbell Co Investment Adviser added BLDR to its portfolio by purchasing 13,579 company shares during the most recent quarter which is valued at $127,507. Builders FirstSource makes up approx 0.36% of Campbell Co Investment Adviser’s portfolio.

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 Company’s 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.

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