SG Americas Securities LLC bought a new stake in Boise Cascade, L.L.C. (NYSE:BCC) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,091 shares of the construction company’s stock, valued at approximately $136,000.

Other large investors have also recently bought and sold shares of the company. State of Alaska Department of Revenue raised its stake in Boise Cascade, L.L.C. by 1.4% in the first quarter. State of Alaska Department of Revenue now owns 4,250 shares of the construction company’s stock valued at $113,000 after buying an additional 60 shares during the last quarter. Quantbot Technologies LP increased its position in Boise Cascade, L.L.C. by 194.4% in the first quarter. Quantbot Technologies LP now owns 7,337 shares of the construction company’s stock valued at $195,000 after buying an additional 4,845 shares during the period. BNP Paribas Arbitrage SA increased its position in Boise Cascade, L.L.C. by 8.3% in the first quarter. BNP Paribas Arbitrage SA now owns 8,344 shares of the construction company’s stock valued at $223,000 after buying an additional 640 shares during the period. Mason Street Advisors LLC increased its position in Boise Cascade, L.L.C. by 5.9% in the first quarter. Mason Street Advisors LLC now owns 8,968 shares of the construction company’s stock valued at $239,000 after buying an additional 500 shares during the period. Finally, Trexquant Investment LP bought a new position in Boise Cascade, L.L.C. during the first quarter valued at $242,000. 97.38% of the stock is currently owned by institutional investors and hedge funds.

Shares of Boise Cascade, L.L.C. (NYSE:BCC) traded up 1.00% during mid-day trading on Monday, hitting $30.40. 223,682 shares of the company’s stock traded hands. The stock has a market cap of $1.17 billion, a P/E ratio of 25.55 and a beta of 2.05. The stock has a 50 day moving average price of $29.66 and a 200-day moving average price of $28.14. Boise Cascade, L.L.C. has a 1-year low of $17.80 and a 1-year high of $33.40.

Boise Cascade, L.L.C. (NYSE:BCC) last posted its quarterly earnings data on Thursday, July 27th. The construction company reported $0.57 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.61 by $0.04. Boise Cascade, L.L.C. had a net margin of 1.13% and a return on equity of 8.32%. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the business posted $0.49 EPS. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities research analysts anticipate that Boise Cascade, L.L.C. will post $1.63 EPS for the current fiscal year.

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Several research firms recently weighed in on BCC. BidaskClub upgraded shares of Boise Cascade, L.L.C. from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research raised shares of Boise Cascade, L.L.C. from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. BMO Capital Markets restated a “hold” rating and issued a $33.00 price objective on shares of Boise Cascade, L.L.C. in a report on Thursday, July 20th. Finally, TheStreet upgraded shares of Boise Cascade, L.L.C. from a “c” rating to a “b” rating in a research note on Friday, May 5th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Boise Cascade, L.L.C. has an average rating of “Hold” and a consensus target price of $31.50.

In other Boise Cascade, L.L.C. news, EVP Nick Stokes sold 4,227 shares of the firm’s stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $32.35, for a total value of $136,743.45. Following the completion of the transaction, the executive vice president now directly owns 63,753 shares in the company, valued at $2,062,409.55. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Kelly E. Hibbs sold 1,511 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $31.50, for a total transaction of $47,596.50. Following the sale, the vice president now owns 25,868 shares of the company’s stock, valued at $814,842. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

Boise Cascade, L.L.C. Company Profile

Boise Cascade Company is an integrated wood products manufacturer and building materials distributor with operations throughout the United States and one manufacturing facility in Canada. The Company is also a producer of engineered wood products (EWP) and plywood in North America. The Company operates through three segments: Wood Products, Building Materials Distribution, and Corporate and Other.

Institutional Ownership by Quarter for Boise Cascade, L.L.C. (NYSE:BCC)

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