Fleetcor Technologies (FLT) Holder Crescent Park Management LP Increased Its Position by $13.85 Million; Robotti Robert Has Lowered Builders Firstsource (BLDR) Position by $305,025

April 17, 2018 - By Larry Anderson

FleetCor Technologies, Inc. (NYSE:FLT) Logo

Robotti Robert decreased its stake in Builders Firstsource Inc (BLDR) by 0.67% based on its latest 2017Q4 regulatory filing with the SEC. Robotti Robert sold 14,525 shares as the company’s stock declined 7.53% with the market. The institutional investor held 2.15M shares of the consumer services company at the end of 2017Q4, valued at $46.78 million, down from 2.16M at the end of the previous reported quarter. Robotti Robert who had been investing in Builders Firstsource Inc for a number of months, seems to be less bullish one the $2.26 billion market cap company. The stock increased 0.38% or $0.0748 during the last trading session, reaching $19.7048. About 288,353 shares traded. Builders FirstSource, Inc. (NASDAQ:BLDR) has risen 35.87% since April 17, 2017 and is uptrending. It has outperformed by 24.32% the S&P500.

Crescent Park Management Lp increased its stake in Fleetcor Technologies Inc (FLT) by 61.85% based on its latest 2017Q4 regulatory filing with the SEC. Crescent Park Management Lp bought 72,137 shares as the company’s stock rose 4.28% while stock markets declined. The institutional investor held 188,771 shares of the miscellaneous company at the end of 2017Q4, valued at $36.33 million, up from 116,634 at the end of the previous reported quarter. Crescent Park Management Lp who had been investing in Fleetcor Technologies Inc for a number of months, seems to be bullish on the $18.65 billion market cap company. The stock increased 2.36% or $4.79 during the last trading session, reaching $207.62. About 243,897 shares traded. FleetCor Technologies, Inc. (NYSE:FLT) has risen 27.04% since April 17, 2017 and is uptrending. It has outperformed by 15.49% the S&P500.

Investors sentiment decreased to 1 in Q4 2017. Its down 1.02, from 2.02 in 2017Q3. It dropped, as 30 investors sold BLDR shares while 79 reduced holdings. 37 funds opened positions while 72 raised stakes. 101.67 million shares or 0.09% less from 101.77 million shares in 2017Q3 were reported. Hightower Advsr Ltd Liability Company accumulated 0.01% or 73,831 shares. Mutual Of America Lc holds 0.06% or 193,877 shares in its portfolio. Stelliam Investment Management LP holds 1.4% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR) for 1.56M shares. Wall Street Access Asset Mgmt Ltd Liability Corp reported 18,050 shares stake. Tci Wealth Advsrs has 102 shares for 0% of their portfolio. Prelude Cap Management Limited Liability Company reported 1,900 shares stake. Sheets Smith Wealth Mngmt has 24,013 shares for 0.12% of their portfolio. Rhumbline Advisers owns 103,309 shares or 0% of their US portfolio. Citigroup Inc accumulated 0% or 31,089 shares. Horizon Invest Services Ltd Liability Company invested in 31,452 shares. Icon Advisers holds 0.07% or 43,500 shares. Amp Ltd reported 15,700 shares or 0% of all its holdings. 1.30M were reported by Fmr. Cwh Capital Management Inc stated it has 342,585 shares. Aperio Grp Limited Liability Company has 15,354 shares for 0% of their portfolio.

Among 11 analysts covering Builders Firstsource (NASDAQ:BLDR), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Builders Firstsource had 27 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by SunTrust with “Buy” on Thursday, November 9. As per Tuesday, November 22, the company rating was initiated by Seaport Global Securities. Wedbush initiated the shares of BLDR in report on Wednesday, September 7 with “Outperform” rating. SunTrust maintained the shares of BLDR in report on Friday, March 2 with “Buy” rating. The stock has “Equal Weight” rating by Barclays Capital on Friday, January 6. Deutsche Bank reinitiated the stock with “Buy” rating in Tuesday, September 8 report. FBR Capital maintained Builders FirstSource, Inc. (NASDAQ:BLDR) on Thursday, March 1 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, August 3. Seaport Global maintained the shares of BLDR in report on Tuesday, January 2 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Thursday, March 1 with “Buy”.

Analysts await Builders FirstSource, Inc. (NASDAQ:BLDR) to report earnings on May, 9 after the close. They expect $0.15 earnings per share, up 36.36% or $0.04 from last year’s $0.11 per share. BLDR’s profit will be $17.20 million for 32.84 P/E if the $0.15 EPS becomes a reality. After $0.40 actual earnings per share reported by Builders FirstSource, Inc. for the previous quarter, Wall Street now forecasts -62.50% negative EPS growth.

Since March 1, 2018, it had 0 insider buys, and 5 insider sales for $8.79 million activity. SHERMAN FLOYD F had sold 100,000 shares worth $2.12 million. 53,635 shares were sold by CROW M CHAD, worth $1.14M on Wednesday, March 7. MCALEENAN DONALD F sold $4.20M worth of stock or 194,043 shares. The insider Tolly Morris E sold 50,000 shares worth $1.06M.

Robotti Robert, which manages about $383.48 million US Long portfolio, upped its stake in Tidewater Inc by 18,448 shares to 619,482 shares, valued at $15.12M in 2017Q4, according to the filing.

Crescent Park Management Lp, which manages about $466.84 million and $516.93M US Long portfolio, decreased its stake in Topbuild Corp by 197,250 shares to 197,250 shares, valued at $14.94M in 2017Q4, according to the filing.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.