Westfield Capital Management Co. LP raised its holdings in BMC Stock Holdings, Inc. (NASDAQ:BMCH) by 64.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,718,041 shares of the company’s stock after acquiring an additional 672,491 shares during the period. Westfield Capital Management Co. LP owned about 2.57% of BMC Stock Holdings worth $37,539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of BMCH. Bank of New York Mellon Corp grew its stake in BMC Stock Holdings by 423.1% in the first quarter. Bank of New York Mellon Corp now owns 1,028,696 shares of the company’s stock valued at $23,250,000 after acquiring an additional 832,052 shares during the period. Victory Capital Management Inc. grew its stake in BMC Stock Holdings by 106.0% in the second quarter. Victory Capital Management Inc. now owns 1,365,066 shares of the company’s stock valued at $29,827,000 after acquiring an additional 702,295 shares during the period. Renaissance Technologies LLC grew its stake in BMC Stock Holdings by 662.1% in the first quarter. Renaissance Technologies LLC now owns 731,600 shares of the company’s stock valued at $16,534,000 after acquiring an additional 635,600 shares during the period. MARSHALL WACE ASIA Ltd acquired a new position in BMC Stock Holdings in the first quarter valued at about $10,890,000. Finally, Marshall Wace North America L.P. acquired a new position in BMC Stock Holdings in the first quarter valued at about $10,890,000.

BMC Stock Holdings, Inc. (NASDAQ:BMCH) traded up 0.24% on Monday, reaching $21.00. The company’s stock had a trading volume of 22,348 shares. The firm’s 50-day moving average price is $20.43 and its 200-day moving average price is $21.47. BMC Stock Holdings, Inc. has a 52-week low of $15.45 and a 52-week high of $23.90. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 34.48 and a beta of 1.49.

BMC Stock Holdings (NASDAQ:BMCH) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.03). BMC Stock Holdings had a return on equity of 9.20% and a net margin of 1.28%. The business had revenue of $886.38 million during the quarter, compared to the consensus estimate of $871.51 million. During the same period last year, the business posted $0.32 earnings per share. The business’s revenue was up 11.1% on a year-over-year basis. On average, equities analysts expect that BMC Stock Holdings, Inc. will post $1.08 earnings per share for the current year.

A number of research analysts have issued reports on the company. Royal Bank Of Canada reissued a “buy” rating and issued a $24.00 target price on shares of BMC Stock Holdings in a research note on Tuesday, July 18th. Zacks Investment Research cut BMC Stock Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 10th. Robert W. Baird reissued a “buy” rating and issued a $23.00 target price on shares of BMC Stock Holdings in a research note on Sunday, September 10th. Barclays PLC decreased their target price on BMC Stock Holdings from $24.00 to $22.00 and set an “overweight” rating for the company in a research note on Friday, August 4th. Finally, FBR & Co decreased their target price on BMC Stock Holdings from $26.00 to $22.00 and set a “buy” rating for the company in a research note on Tuesday, August 22nd. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $23.50.

In other news, insider James F. Jr. Major sold 20,000 shares of BMC Stock Holdings stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $20.24, for a total value of $404,800.00. Following the completion of the transaction, the insider now directly owns 176,482 shares of the company’s stock, valued at approximately $3,571,995.68. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Lisa M. Hamblet sold 12,812 shares of BMC Stock Holdings stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $20.82, for a total value of $266,745.84. Following the completion of the transaction, the insider now directly owns 74,133 shares of the company’s stock, valued at $1,543,449.06. The disclosure for this sale can be found here. Company insiders own 3.70% of the company’s stock.

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BMC Stock Holdings Company Profile

BMC Stock Holdings, Inc is a provider of building products and services in the United States residential construction market. The Company’s segments include Mid-Atlantic, Southeast, Texas, Intermountain, Western and Mountain West divisions. Its product offerings include lumber and lumber sheet goods and an array of products, including millwork, doors, windows, structural components, floor and roof trusses and wall panels.

Institutional Ownership by Quarter for BMC Stock Holdings (NASDAQ:BMCH)

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