Stadium Capital Management Cut Its Builders Firstsource (BLDR) Holding by $10.97 Million as Share Price Rose; As Westamerica Bancorporatio (WABC) Valuation Declined, Paradigm Asset Management Co Trimmed Holding

January 18, 2018 - By Nellie Frank

Alexander Medina Seaver decreased its stake in Builders Firstsource Inc (BLDR) by 9.19% based on its latest 2017Q3 regulatory filing with the SEC. Stadium Capital Management Llc sold 645,151 shares as the company’s stock rose 13.67% with the market. The hedge fund run by Alexander Medina Seaver held 6.38 million shares of the consumer services company at the end of 2017Q3, valued at $114.73 million, down from 7.02M at the end of the previous reported quarter. Stadium Capital Management Llc who had been investing in Builders Firstsource Inc for a number of months, seems to be less bullish one the $2.56B market cap company. The stock decreased 0.48% or $0.11 during the last trading session, reaching $22.68. About 375,819 shares traded. Builders FirstSource, Inc. (NASDAQ:BLDR) has risen 24.30% since January 18, 2017 and is uptrending. It has outperformed by 7.60% the S&P500.

Paradigm Asset Management Co Llc decreased its stake in Westamerica Bancorporatio (WABC) by 25.93% based on its latest 2017Q3 regulatory filing with the SEC. Paradigm Asset Management Co Llc sold 2,800 shares as the company’s stock declined 9.58% while stock markets rallied. The institutional investor held 8,000 shares of the major banks company at the end of 2017Q3, valued at $476.32 million, down from 10,800 at the end of the previous reported quarter. Paradigm Asset Management Co Llc who had been investing in Westamerica Bancorporatio for a number of months, seems to be less bullish one the $1.60 billion market cap company. The stock increased 1.87% or $1.115 during the last trading session, reaching $60.885. About 37,931 shares traded. Westamerica Bancorporation (NASDAQ:WABC) has risen 12.36% since January 18, 2017 and is uptrending. It has underperformed by 4.34% the S&P500.

Investors sentiment increased to 2.02 in 2017 Q3. Its up 0.72, from 1.3 in 2017Q2. It increased, as 11 investors sold BLDR shares while 53 reduced holdings. 52 funds opened positions while 77 raised stakes. 101.77 million shares or 11.10% more from 91.60 million shares in 2017Q2 were reported. Boston Advsr Ltd Limited Liability Company invested 0.01% in Builders FirstSource, Inc. (NASDAQ:BLDR). National Investment Service Wi invested in 0.28% or 14,950 shares. National Bank & Trust Of America Corp De has 1.07 million shares for 0% of their portfolio. Bancorporation Of New York Mellon invested in 734,169 shares or 0% of the stock. Hap Trading Ltd Liability Com holds 0.02% or 26,895 shares in its portfolio. Gsa Cap Partners Ltd Liability Partnership stated it has 0.05% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR). Kennedy Cap Management holds 1.40M shares. Tci Wealth Advsrs Inc stated it has 0% in Builders FirstSource, Inc. (NASDAQ:BLDR). Moreover, Sheets Smith Wealth has 0.11% invested in Builders FirstSource, Inc. (NASDAQ:BLDR). Weber Alan W has invested 0.09% in Builders FirstSource, Inc. (NASDAQ:BLDR). Deutsche Bankshares Ag owns 1.93 million shares. Vnbtrust Association reported 0.69% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR). Raging Cap Mgmt Lc holds 2.68M shares or 7.49% of its portfolio. Blackrock has 7.22 million shares for 0.01% of their portfolio. 3.26M were reported by Dimensional Fund Ltd Partnership.

Among 11 analysts covering Builders Firstsource (NASDAQ:BLDR), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Builders Firstsource had 23 analyst reports since August 3, 2015 according to SRatingsIntel. FBR Capital maintained Builders FirstSource, Inc. (NASDAQ:BLDR) rating on Tuesday, June 27. FBR Capital has “Buy” rating and $2000 target. Deutsche Bank reinitiated the shares of BLDR in report on Tuesday, September 8 with “Buy” rating. The company was maintained on Friday, November 10 by Citigroup. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) earned “Buy” rating by SunTrust on Thursday, November 9. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) earned “Neutral” rating by Credit Suisse on Thursday, October 8. The firm earned “Outperform” rating on Wednesday, September 7 by Wedbush. The rating was maintained by Wedbush on Thursday, September 7 with “Buy”. The rating was maintained by Seaport Global with “Buy” on Tuesday, January 2. As per Friday, January 6, the company rating was initiated by Barclays Capital. Deutsche Bank maintained Builders FirstSource, Inc. (NASDAQ:BLDR) on Wednesday, August 9 with “Buy” rating.

Analysts await Builders FirstSource, Inc. (NASDAQ:BLDR) to report earnings on February, 27. They expect $0.16 EPS, 0.00% or $0.00 from last year’s $0.16 per share. BLDR’s profit will be $18.07 million for 35.44 P/E if the $0.16 EPS becomes a reality. After $0.39 actual EPS reported by Builders FirstSource, Inc. for the previous quarter, Wall Street now forecasts -58.97% negative EPS growth.

Since September 6, 2017, it had 1 insider buy, and 4 insider sales for $207.80 million activity. 109,536 shares were sold by SHERMAN FLOYD F, worth $1.83M. The insider JLL Building Holdings – LLC sold $218.01 million. $599,760 worth of Builders FirstSource, Inc. (NASDAQ:BLDR) was sold by CHRISTOPHE CLEVELAND A. GRIFFIN ROBERT C sold $297,134 worth of Builders FirstSource, Inc. (NASDAQ:BLDR) on Friday, September 8.

Among 5 analysts covering Westamerica Bancorporation (NASDAQ:WABC), 0 have Buy rating, 2 Sell and 3 Hold. Therefore 0 are positive. Westamerica Bancorporation had 12 analyst reports since August 17, 2015 according to SRatingsIntel. The stock of Westamerica Bancorporation (NASDAQ:WABC) has “Sector Perform” rating given on Monday, January 25 by RBC Capital Markets. Keefe Bruyette & Woods maintained the shares of WABC in report on Monday, June 26 with “Hold” rating. The stock has “Hold” rating by Maxim Group on Friday, July 21. The stock has “Sell” rating by BMO Capital Markets on Monday, December 18. The rating was maintained by Sandler O’Neill on Thursday, January 4 with “Sell”. The stock of Westamerica Bancorporation (NASDAQ:WABC) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The firm has “Sell” rating given on Tuesday, October 3 by BMO Capital Markets. The firm earned “Sell” rating on Friday, July 7 by BMO Capital Markets. The rating was upgraded by Zacks to “Sell” on Monday, August 31. The company was upgraded on Monday, August 17 by Zacks.

Paradigm Asset Management Co Llc, which manages about $386.05 billion US Long portfolio, upped its stake in Cl A by 3,000 shares to 15,900 shares, valued at $822.56M in 2017Q3, according to the filing. It also increased its holding in Vermilion Energy Inc by 5,000 shares in the quarter, for a total of 18,950 shares, and has risen its stake in Canadian Pacific Railway.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.34, from 1.3 in 2017Q2. It is negative, as 9 investors sold WABC shares while 39 reduced holdings. 9 funds opened positions while 37 raised stakes. 22.22 million shares or 2.68% more from 21.64 million shares in 2017Q2 were reported. Envestnet Asset, a Illinois-based fund reported 2,707 shares. Barclays Public Ltd Com has 1,352 shares. Metropolitan Life Insurance Company New York invested in 16,894 shares or 0.01% of the stock. State Common Retirement Fund reported 64,300 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement Systems stated it has 10,924 shares or 0% of all its holdings. Dimensional Fund Advsrs LP accumulated 667,379 shares. Piedmont Inv Advisors Limited Liability Co holds 5,731 shares. Janney Montgomery Scott Limited Liability Co holds 0% or 3,840 shares. Jpmorgan Chase And accumulated 0.01% or 881,766 shares. Great West Life Assurance Can has 35,244 shares for 0.01% of their portfolio. Glenmede Trust Commerce Na invested in 5,030 shares or 0% of the stock. Thrivent Financial For Lutherans accumulated 15,990 shares. Manufacturers Life The reported 0% of its portfolio in Westamerica Bancorporation (NASDAQ:WABC). Parkside Bancorporation accumulated 4 shares. Citigroup Inc holds 6,186 shares.

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