Public Sector Pension investment Board lessened its holdings in shares of Boise Cascade, L.L.C. (NYSE:BCC) by 29.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,805 shares of the construction company’s stock after selling 8,200 shares during the period. Public Sector Pension investment Board owned 0.05% of Boise Cascade, L.L.C. worth $602,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Victory Capital Management Inc. lifted its holdings in shares of Boise Cascade, L.L.C. by 17.6% during the second quarter. Victory Capital Management Inc. now owns 3,753 shares of the construction company’s stock worth $114,000 after purchasing an additional 561 shares during the period. Tower Research Capital LLC TRC acquired a new position in shares of Boise Cascade, L.L.C. during the first quarter worth $110,000. FNY Partners Fund LP acquired a new position in shares of Boise Cascade, L.L.C. during the first quarter worth $125,000. SG Americas Securities LLC acquired a new position in shares of Boise Cascade, L.L.C. during the first quarter worth $136,000. Finally, State of Alaska Department of Revenue lifted its holdings in shares of Boise Cascade, L.L.C. by 79.0% during the second quarter. State of Alaska Department of Revenue now owns 7,608 shares of the construction company’s stock worth $231,000 after purchasing an additional 3,358 shares during the period. Institutional investors own 98.14% of the company’s stock.

BCC has been the topic of a number of recent research reports. BMO Capital Markets reiterated a “market perform” rating and set a $33.00 price target (up previously from $30.00) on shares of Boise Cascade, L.L.C. in a report on Monday, June 12th. BidaskClub upgraded shares of Boise Cascade, L.L.C. from a “hold” rating to a “buy” rating in a report on Thursday, June 15th. Zacks Investment Research lowered shares of Boise Cascade, L.L.C. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 4th. Sidoti initiated coverage on shares of Boise Cascade, L.L.C. in a report on Friday, September 15th. They set a “buy” rating on the stock. Finally, Bank of America Corporation lowered shares of Boise Cascade, L.L.C. from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $35.00 to $36.00 in a report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. Boise Cascade, L.L.C. presently has an average rating of “Hold” and an average target price of $33.20.

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Boise Cascade, L.L.C. (BCC) opened at 34.95 on Friday. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 29.37 and a beta of 2.08. The stock’s 50 day moving average is $31.71 and its 200-day moving average is $29.74. Boise Cascade, L.L.C. has a one year low of $17.80 and a one year high of $35.80.

Boise Cascade, L.L.C. (NYSE:BCC) last announced its quarterly earnings data on Thursday, July 27th. The construction company reported $0.57 earnings per share (EPS) for the quarter, missing the Zacks’ 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 analysts’ expectations of $1.13 billion. During the same period last year, the company posted $0.49 EPS. Boise Cascade, L.L.C.’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, equities research analysts expect that Boise Cascade, L.L.C. will post $1.67 earnings per share for the current fiscal year.

In other news, Director Thomas E. Carlile sold 17,552 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $31.75, for a total value of $557,276.00. Following the completion of the sale, the director now owns 63,496 shares of the company’s stock, valued at approximately $2,015,998. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Kelly E. Hibbs sold 1,511 shares of the company’s stock in a transaction on 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 sale, the vice president now directly owns 25,868 shares of the company’s stock, valued at approximately $814,842. The disclosure for this sale can be found here. Insiders sold a total of 23,290 shares of company stock valued at $741,616 in the last ninety days. 1.00% of the stock is owned by corporate insiders.

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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