Frontier Capital Management Co. LLC lowered its stake in shares of BMC Stock Holdings, Inc. (NASDAQ:BMCH) by 2.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,648,488 shares of the company’s stock after selling 75,942 shares during the period. Frontier Capital Management Co. LLC owned approximately 5.45% of BMC Stock Holdings worth $77,895,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of BMCH. Robotti Robert lifted its holdings in shares of BMC Stock Holdings by 2.4% during the 2nd quarter. Robotti Robert now owns 3,257,763 shares of the company’s stock valued at $63,243,000 after purchasing an additional 77,866 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of BMC Stock Holdings by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 2,558,236 shares of the company’s stock valued at $55,897,000 after purchasing an additional 51,273 shares in the last quarter. Boston Partners lifted its holdings in shares of BMC Stock Holdings by 14.6% during the 2nd quarter. Boston Partners now owns 1,914,275 shares of the company’s stock valued at $41,827,000 after purchasing an additional 243,382 shares in the last quarter. Westfield Capital Management Co. LP lifted its holdings in shares of BMC Stock Holdings by 64.3% during the 2nd quarter. Westfield Capital Management Co. LP now owns 1,718,041 shares of the company’s stock valued at $37,539,000 after purchasing an additional 672,491 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of BMC Stock Holdings by 10.3% during the 3rd quarter. Victory Capital Management Inc. now owns 1,505,434 shares of the company’s stock valued at $32,141,000 after purchasing an additional 140,368 shares in the last quarter.

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Several equities analysts have recently weighed in on BMCH shares. Robert W. Baird reiterated a “buy” rating and set a $23.00 price objective on shares of BMC Stock Holdings in a report on Monday, October 9th. FBR & Co cut their price objective on BMC Stock Holdings from $26.00 to $22.00 and set a “buy” rating on the stock in a report on Tuesday, August 22nd. Royal Bank Of Canada restated a “buy” rating and issued a $24.00 target price on shares of BMC Stock Holdings in a research note on Tuesday, July 18th. Barclays PLC cut their target price on BMC Stock Holdings from $24.00 to $22.00 and set an “overweight” rating on the stock in a research note on Friday, August 4th. Finally, Zacks Investment Research cut BMC Stock Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $23.40.

BMC Stock Holdings, Inc. (BMCH) traded down $0.55 during midday trading on Friday, reaching $21.00. The company’s stock had a trading volume of 840,914 shares, compared to its average volume of 483,226. The company has a market cap of $1.41 billion, a PE ratio of 22.50 and a beta of 1.48. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.24 and a quick ratio of 1.33. BMC Stock Holdings, Inc. has a 12-month low of $15.65 and a 12-month high of $23.90.

BMC Stock Holdings (NASDAQ:BMCH) last released its earnings results on Thursday, August 3rd. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.03). The firm had revenue of $886.38 million during the quarter, compared to the consensus estimate of $871.51 million. BMC Stock Holdings had a net margin of 1.28% and a return on equity of 9.20%. The company’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 EPS. sell-side analysts forecast that BMC Stock Holdings, Inc. will post 1.05 earnings per share for the current fiscal year.

In other BMC Stock Holdings news, insider Peter Alexander sold 28,000 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $21.08, for a total transaction of $590,240.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Lisa M. Hamblet sold 12,812 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $20.82, for a total value of $266,745.84. Following the transaction, the insider now directly owns 74,133 shares in the company, valued at approximately $1,543,449.06. The disclosure for this sale can be found here. Insiders have sold a total of 60,812 shares of company stock worth $1,261,786 in the last ninety days. Insiders own 3.70% of the company’s stock.

About BMC Stock Holdings

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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