Lomas Capital Management LLC Increased Stake in Beacon Roofing Supply INC (BECN) by $4.47 Million as Shares Declined

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Corporate LogoBig Money Sentiment increased to 1.34 in 2018 Q2. It has change of 0.48, from 2018Q1’s 0.86. The ratio improved due to BECN positioning: 40 sold and 54 reduced. 37 funds bought stakes and 89 increased stakes. Investors holded 63.59 million in 2018Q1 but now own 71.31 million shares or 12.13% more. Amalgamated Bank holds 10,130 shs. Etrade Capital Mngmt Limited stated it has 0.01% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Ironwood Invest Mngmt Ltd Liability Corp stated it has 33,723 shs. Us Bank De stated it has 0.01% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Parametric Portfolio Assocs Limited Company invested in 101,861 shs or 0% of the stock. Df Dent And Co Inc reported 47,705 shs or 0.05% of all its holdings. Eminence Cap Lp holds 1.33M shs or 0.77% of its capital. Skyline Asset Management Lp, Illinois-based fund reported 390,800 shs. Blackrock holds 0.01% or 5.02 million shs. 122 were accumulated by Carroll Financial. Panagora Asset Mngmt owns 10,719 shs for 0% of their capital. The Georgia-based Atlanta Co L L C has invested 0.25% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Prudential Incorporated holds 0% or 7,035 shs in its capital. Rice Hall James Associates reported 263,415 shs. Timessquare Mngmt Limited Company invested in 3.66M shs or 1.04% of the stock.

BECN had 0 sales and 3 insider purchases since May 18, 2018. This’s net activity of $824,608. FROST RICHARD W also bought $501,831 worth of Beacon Roofing Supply, Inc. (NASDAQ:BECN) on Monday, June 4. 2,470 shs valued at $99,912 were bought by NOWICKI JOSEPH M on Friday, May 18.

Lomas Capital Management Llc rose its holdings by 32.24% in Beacon Roofing Supply Inc (BECN), according to 2018Q2 SEC form. The company’s stock sank 3.91% while Lomas Capital Management Llc bought 106,464 shares. The hedge fund is holding 436,736 shares, compared to the 330,272 from the previous quarter. And the announced value of the consumer services company is $18.62M for the 2018Q2. $1.86 billion is the MC of Beacon Roofing Supply Inc. The stock decreased 2.78% or $0.78 during the last trading session, reaching $27.23.Beacon Roofing Supply, Inc. has 1.38M shares volume, 12.49% up from normal. BECN is downtrending and has moved 14.85% since November 10, 2017. The stock underperformed the S&P500 by 30.47%.

Lomas Capital Management Llc has cut its stake in Take (NASDAQ:TTWO) and also reduced its holding in Facebook Inc (NASDAQ:FB) by 81,390 shares in the quarter, for a total of 73,025 shares.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Ratings Coverage

In total 13 analysts cover Beacon Roofing Supply (NASDAQ:BECN). “Buy” rating has 5, “Sell” are 1, while 7 are “Hold”. (NASDAQ:BECN) has 38% bullish analysts. 14 are the (NASDAQ:BECN)’s ratings reports on 10 Nov 2018 according to StockzIntelligence Inc. On Tuesday, October 2 Robert W. Baird downgraded Beacon Roofing Supply, Inc. (NASDAQ:BECN) to “Neutral” rating. On Friday, July 20 the stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) has “Overweight” rating given by Stephens. On Monday, October 8 William Blair downgraded Beacon Roofing Supply, Inc. (NASDAQ:BECN) to “Market Perform” rating. In Thursday, October 25 report Raymond James maintained the stock with “Strong Buy” rating. The company rating was downgraded by Northcoast on Monday, May 14. On Thursday, June 28 the rating was downgraded by RBC Capital Markets to “Sector Perform”. On Friday, August 10 the rating was maintained by JP Morgan with “Neutral”. On Friday, August 10 the rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. On Tuesday, June 19 the company was reinitiated by Citigroup. On Wednesday, August 8 the rating was downgraded by Wells Fargo to “Underperform”.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Institutional Investors Chart

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