<div id="readability-page-1"><p>First Trust Advisors LP lifted its holdings in  Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 5.4% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 316,845 shares of the company's stock after acquiring an additional 16,135 shares during the quarter. First Trust Advisors LP owned 0.29% of Builders FirstSource worth $36,973,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Builders FirstSource</strong> alerts:</span></p></div><ul><li>Potential Rate Cuts Could Benefit These Firms</li></ul><p>Other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP raised its position in  Builders FirstSource by 42.6% in the 1st quarter. Wellington Management Group LLP now owns 3,217,125 shares of the company's stock worth $401,948,000 after purchasing an additional 960,603 shares during the period.  Invesco Ltd. grew its stake in shares of  Builders FirstSource by 11.8% during the first quarter. Invesco Ltd. now owns 2,519,461 shares of the company's stock valued at $314,781,000 after buying an additional 265,873 shares during the last quarter.  Dimensional Fund Advisors LP increased its holdings in shares of  Builders FirstSource by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,244,449 shares of the company's stock worth $280,387,000 after buying an additional 6,453 shares during the period.  Voya Investment Management LLC lifted its stake in shares of  Builders FirstSource by 29.9% in the 1st quarter. Voya Investment Management LLC now owns 1,840,171 shares of the company's stock valued at $229,809,000 after acquiring an additional 423,891 shares during the last quarter.  Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of  Builders FirstSource by 5.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,556,151 shares of the company's stock valued at $181,587,000 after acquiring an additional 74,681 shares during the last quarter. Institutional investors own  95.53% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>A number of brokerages have commented on BLDR. BMO Capital Markets decreased their price target on Builders FirstSource from $130.00 to $123.00 in a research note on Wednesday, October 29th. Robert W. Baird  set a $135.00 target price on shares of Builders FirstSource in a research note on Friday, October 31st. UBS Group increased their price target on shares of Builders FirstSource from $158.00 to $166.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, October 31st. Wedbush  reissued a &#34;neutral&#34; rating and issued a $145.00 price target on shares of Builders FirstSource in a report on Monday, September 15th. Finally, The Goldman Sachs Group decreased their price objective on shares of Builders FirstSource from $147.00 to $146.00 in a research report on Friday, October 31st. Ten equities research analysts have rated the stock with a Buy rating, eleven have assigned  a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and an average target price of $136.86.</p><ul><li>Insiders Spent Millions on These 3 Stocks Over the Past 2 Months</li></ul><p><b>Get Our Latest Stock Analysis on Builders FirstSource</b></p><h2>Builders FirstSource Stock Down 2.3%</h2><p>Shares of Builders FirstSource stock opened at $104.98 on Wednesday. The company has a current ratio of 1.79, a quick ratio of 1.15 and a debt-to-equity ratio of 1.03. Builders FirstSource, Inc. has a 12-month low of $94.35 and a 12-month high of $175.46. The company has a market cap of $11.61 billion, a P/E ratio of 20.00, a PEG ratio of 11.49 and a beta of 1.56. The company's fifty day simple moving average is $114.61 and its two-hundred day simple moving average is $122.60. </p><ul><li>The Housing Market Is in Trouble - What to Watch Out For</li></ul><p>Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its earnings results on Thursday, October 30th. The company reported $1.88 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.19. Builders FirstSource had a net margin of 3.79% and a return on equity of 21.28%. The firm had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.86 billion. During the same quarter in the previous year, the firm posted $3.07 EPS. The company's revenue for the quarter was down 6.9% compared to the same quarter last year.  Research analysts anticipate that  Builders FirstSource, Inc. will post 11.59 EPS for the current year. </p><h2>About Builders FirstSource</h2> (Free Report)<p>Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Builders FirstSource</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>Stock Splits, Do They Really Impact Investors?</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>EV Stocks and How to Profit from Them </li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJMRFI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJMRFI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Builders FirstSource Right Now?</h2><p>Before you consider Builders FirstSource, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Builders FirstSource wasn't on the list.</p><p>While Builders FirstSource currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BLDR

<p>First Trust Advisors LP increased its holdings in Builders FirstSource by 5.4% in Q2, acquiring 16,135 shares. Institutional investors own 95.53% of the stock. Analysts have mixed ratings, with a consensus "Hold" and an average target price of $136.86. Builders FirstSource reported Q3 earnings of $1.88 per share, beating estimates, but revenue fell 6.9% year-over-year.</p>

First Trust Advisors LP Acquires 16,135 Shares of Builders FirstSource, Inc. $BLDR