Sei Investments Co. raised its position in Boise Cascade, L.L.C. (NYSE:BCC) by 0.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 48,538 shares of the construction company’s stock after buying an additional 4 shares during the period. Sei Investments Co. owned 0.13% of Boise Cascade, L.L.C. worth $1,476,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of BCC. Tower Research Capital LLC TRC acquired a new stake in Boise Cascade, L.L.C. during the first quarter worth $110,000. State of Alaska Department of Revenue boosted 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 worth $113,000 after buying an additional 60 shares during the last quarter. FNY Partners Fund LP acquired a new stake in Boise Cascade, L.L.C. during the first quarter worth $125,000. SG Americas Securities LLC acquired a new stake in Boise Cascade, L.L.C. during the first quarter worth $136,000. Finally, First Interstate Bank boosted its stake in Boise Cascade, L.L.C. by 26.6% in the first quarter. First Interstate Bank now owns 6,280 shares of the construction company’s stock worth $168,000 after buying an additional 1,320 shares during the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Boise Cascade, L.L.C. (NYSE:BCC) opened at 29.00 on Tuesday. The company has a 50-day moving average price of $29.43 and a 200-day moving average price of $28.70. Boise Cascade, L.L.C. has a 52 week low of $17.80 and a 52 week high of $33.40. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 24.37 and a beta of 2.05.

Boise Cascade, L.L.C. (NYSE:BCC) last posted its quarterly earnings results on Thursday, July 27th. The construction company reported $0.57 EPS 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 during the quarter, compared to analyst estimates of $1.13 billion. During the same period last year, the firm posted $0.49 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. Equities research analysts anticipate that Boise Cascade, L.L.C. will post $1.65 EPS for the current year.

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A number of analysts have recently weighed in on the company. BidaskClub cut Boise Cascade, L.L.C. from a “hold” rating to a “sell” rating in a research report on Thursday, August 24th. Zacks Investment Research lowered Boise Cascade, L.L.C. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. BMO Capital Markets restated a “market perform” rating and issued a $33.00 target price (up previously from $30.00) on shares of Boise Cascade, L.L.C. in a research note on Monday, June 12th. Finally, TheStreet upgraded Boise Cascade, L.L.C. from a “c” rating to a “b” rating in a research note on Friday, May 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. Boise Cascade, L.L.C. currently has an average rating of “Hold” and a consensus price target of $31.50.

In other news, EVP Nick Stokes sold 4,227 shares of Boise Cascade, L.L.C. 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 of the company’s stock, valued at approximately $2,062,409.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Kelly E. Hibbs sold 1,511 shares of Boise Cascade, L.L.C. stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $31.50, for a total transaction of $47,596.50. Following the completion of the transaction, the vice president now directly owns 25,868 shares of the company’s stock, valued at $814,842. The disclosure for this sale can be found here. 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.

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

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