Keybank National Association Has Raised Comerica (CMA) Position By $1.13 Million; Builders Firstsource (BLDR) Sellers Decreased By 7.53% Their Shorts

April 17, 2018 - By Michael Collier

Builders FirstSource, Inc. (NASDAQ:BLDR) Logo

Keybank National Association increased Comerica Inc (CMA) stake by 4.87% reported in 2017Q4 SEC filing. Keybank National Association acquired 13,176 shares as Comerica Inc (CMA)’s stock rose 7.62%. The Keybank National Association holds 283,970 shares with $24.65 million value, up from 270,794 last quarter. Comerica Inc now has $16.16B valuation. The stock decreased 2.60% or $2.5 during the last trading session, reaching $93.61. About 142,772 shares traded. Comerica Incorporated (NYSE:CMA) has risen 41.51% since April 17, 2017 and is uptrending. It has outperformed by 29.96% the S&P500.

Builders Firstsource Inc (NASDAQ:BLDR) had a decrease of 7.53% in short interest. BLDR’s SI was 3.59 million shares in April as released by FINRA. Its down 7.53% from 3.89M shares previously. With 797,100 avg volume, 5 days are for Builders Firstsource Inc (NASDAQ:BLDR)’s short sellers to cover BLDR’s short positions. The SI to Builders Firstsource Inc’s float is 3.25%. The stock increased 0.92% or $0.18 during the last trading session, reaching $19.81. About 33 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.

Investors sentiment decreased to 1 in 2017 Q4. Its down 1.02, from 2.02 in 2017Q3. It is negative, as 30 investors sold Builders FirstSource, Inc. 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. Florida-based Goodhaven Cap Lc has invested 2.18% in Builders FirstSource, Inc. (NASDAQ:BLDR). Balyasny Asset Mgmt Limited Liability Co accumulated 1.86 million shares. Tiaa Cref Mgmt Ltd Limited Liability Company holds 0.01% in Builders FirstSource, Inc. (NASDAQ:BLDR) or 405,597 shares. Ubs Asset Mgmt Americas Inc reported 74,763 shares stake. Gargoyle Inv Advisor Limited Liability Co, a New Jersey-based fund reported 17,200 shares. Art Advisors Limited Liability Company invested in 0.06% or 63,120 shares. Cambridge Invest Rech Advsr Incorporated, a Iowa-based fund reported 41,473 shares. Ameritas Prtnrs stated it has 0.01% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR). Frontfour Cap Gp Ltd Liability holds 1.93% or 328,435 shares. Schwab Charles Management invested in 517,813 shares or 0.01% of the stock. Parametric Port Assocs Ltd Company, a Washington-based fund reported 177,217 shares. Us Bancorporation De accumulated 73,073 shares or 0% of the stock. State Bank Of America Corp De stated it has 0% in Builders FirstSource, Inc. (NASDAQ:BLDR). Great West Life Assurance Can owns 13,100 shares. Meeder Asset Mgmt owns 11,040 shares for 0.02% 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 firm earned “Buy” rating on Tuesday, January 16 by Stephens. Wedbush initiated Builders FirstSource, Inc. (NASDAQ:BLDR) on Wednesday, September 7 with “Outperform” rating. The firm earned “Buy” rating on Thursday, August 3 by Stifel Nicolaus. The rating was initiated by Barclays Capital with “Equal Weight” on Friday, January 6. Deutsche Bank reinitiated the stock with “Buy” rating in Tuesday, September 8 report. As per Wednesday, August 9, the company rating was maintained by Deutsche Bank. The firm earned “Buy” rating on Friday, November 10 by FBR Capital. The stock has “Outperform” rating by FBR Capital on Wednesday, June 1. Barclays Capital maintained Builders FirstSource, Inc. (NASDAQ:BLDR) on Friday, November 10 with “Equal-Weight” rating. The firm has “Neutral” rating given on Thursday, October 8 by Credit Suisse.

Since March 1, 2018, it had 0 buys, and 5 insider sales for $8.79 million activity. 11,972 shares were sold by Jackson Peter M., worth $256,680. The insider CROW M CHAD sold 53,635 shares worth $1.14M. $1.06 million worth of Builders FirstSource, Inc. (NASDAQ:BLDR) was sold by Tolly Morris E. 194,043 shares were sold by MCALEENAN DONALD F, worth $4.20 million on Monday, March 12. On Tuesday, March 6 the insider SHERMAN FLOYD F sold $2.12 million.

Builders FirstSource, Inc. manufactures and supplies building materials, manufactured components, and construction services to professional contractors, sub-contractors, and clients in the United States. The company has market cap of $2.27 billion. The Company’s products include lumber and lumber sheet goods comprising dimensional lumber, plywood, and OSB products that are used in on-site house framing; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand. It has a 58.26 P/E ratio. The companyÂ’s manufactured products consist of wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood; gypsum, roofing and insulation products, including wallboards, ceilings, joint treatment, and finishes, as well as vinyl, composite, and wood sidings; and exterior trims, other exteriors, metal studs, and cement.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.06, from 1.06 in 2017Q3. It is negative, as 38 investors sold CMA shares while 167 reduced holdings. 69 funds opened positions while 135 raised stakes. 139.03 million shares or 0.55% less from 139.79 million shares in 2017Q3 were reported. 22,850 are owned by Laffer Investments. 37,300 are owned by Skylands Capital Ltd. Tower Rech Cap Ltd Limited Liability Company (Trc) reported 5,592 shares. Cambridge Investment Advsrs stated it has 0% of its portfolio in Comerica Incorporated (NYSE:CMA). 283,970 are held by Keybank Natl Association Oh. Bokf Na reported 46,908 shares. Deutsche Commercial Bank Ag reported 684,406 shares or 0.04% of all its holdings. 730,031 are owned by State Bank Of Montreal Can. Virtu Financial Ltd Llc holds 8,573 shares or 0.04% of its portfolio. Plante Moran Fincl Ltd Liability Co holds 3,631 shares or 0.17% of its portfolio. American Natl Registered Invest Advisor Incorporated reported 0.21% in Comerica Incorporated (NYSE:CMA). Moreover, Dynamic Mgmt Limited has 0.13% invested in Comerica Incorporated (NYSE:CMA) for 4,292 shares. Pinebridge Investments LP has invested 0.52% in Comerica Incorporated (NYSE:CMA). Eaton Vance Mgmt has invested 0.01% in Comerica Incorporated (NYSE:CMA). First Midwest Bancorp Tru Division invested 0.21% of its portfolio in Comerica Incorporated (NYSE:CMA).

Keybank National Association decreased Wpp Plc New (NASDAQ:WPPGY) stake by 6,410 shares to 13,044 valued at $1.18M in 2017Q4. It also reduced Avalonbay Cmntys Inc (NYSE:AVB) stake by 2,437 shares and now owns 1,453 shares. Sempra Energy (NYSE:SRE) was reduced too.

Among 34 analysts covering Comerica Inc (NYSE:CMA), 18 have Buy rating, 2 Sell and 14 Hold. Therefore 53% are positive. Comerica Inc had 135 analyst reports since July 20, 2015 according to SRatingsIntel. On Monday, October 19 the stock rating was maintained by BMO Capital Markets with “Underperform”. The firm has “Hold” rating by Wells Fargo given on Wednesday, December 20. The company was maintained on Tuesday, January 2 by Barclays Capital. The stock of Comerica Incorporated (NYSE:CMA) earned “Outperform” rating by Robert W. Baird on Thursday, January 7. The stock has “Neutral” rating by Robert W. Baird on Monday, August 24. The rating was downgraded by Sandler O’Neill to “Hold” on Monday, November 14. Stephens maintained the stock with “Buy” rating in Monday, January 22 report. The stock of Comerica Incorporated (NYSE:CMA) has “Outperform” rating given on Friday, November 17 by Macquarie Research. FBR Capital maintained the shares of CMA in report on Tuesday, July 18 with “Buy” rating. Barclays Capital maintained Comerica Incorporated (NYSE:CMA) on Wednesday, April 20 with “Underweight” rating.

Since January 18, 2018, it had 0 buys, and 12 insider sales for $26.49 million activity. $4.76M worth of stock was sold by BABB RALPH W JR on Tuesday, January 23. Carr Muneera S sold $230,560 worth of stock. 18,870 shares valued at $1.81 million were sold by FARMER CURTIS C on Saturday, January 27. Shares for $463,258 were sold by Burkhart Megan D on Tuesday, February 27. Buchanan John D had sold 2,571 shares worth $243,919. 4,000 shares were sold by RITCHIE MICHAEL T, worth $397,808. Guilfoile Peter William sold $102,044 worth of stock.

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

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