Pioneer Investment Management Inc. increased its position in Boise Cascade, L.L.C. (NYSE:BCC) by 3.2% during the second quarter, according to its most recent filing with the SEC. The fund owned 291,205 shares of the construction company’s stock after buying an additional 9,053 shares during the period. Pioneer Investment Management Inc.’s holdings in Boise Cascade, L.L.C. were worth $8,853,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of BCC. Norges Bank bought a new position in Boise Cascade, L.L.C. during the fourth quarter worth approximately $4,621,000. Fox Run Management L.L.C. bought a new position in Boise Cascade, L.L.C. during the first quarter worth approximately $342,000. First Trust Advisors LP boosted its position in Boise Cascade, L.L.C. by 58.8% in the first quarter. First Trust Advisors LP now owns 106,257 shares of the construction company’s stock worth $2,837,000 after buying an additional 39,352 shares during the last quarter. State of Alaska Department of Revenue boosted its position 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. Finally, Mutual of America Capital Management LLC boosted its position in Boise Cascade, L.L.C. by 0.7% in the first quarter. Mutual of America Capital Management LLC now owns 147,909 shares of the construction company’s stock worth $3,949,000 after buying an additional 1,098 shares during the last quarter. Hedge funds and other institutional investors own 97.38% of the company’s stock.

Boise Cascade, L.L.C. (NYSE:BCC) opened at 29.60 on Friday. Boise Cascade, L.L.C. has a 12-month low of $17.80 and a 12-month high of $33.40. The stock has a 50 day moving average of $29.62 and a 200-day moving average of $28.42. The company has a market capitalization of $1.14 billion, a PE ratio of 24.87 and a beta of 2.05.

Boise Cascade, L.L.C. (NYSE:BCC) last released its earnings results on Thursday, July 27th. The construction company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.61 by $0.04. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.13 billion. Boise Cascade, L.L.C. had a net margin of 1.13% and a return on equity of 8.32%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.49 earnings per share. Equities analysts expect that Boise Cascade, L.L.C. will post $1.65 earnings per share for the current year.

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A number of research analysts have recently commented on BCC shares. TheStreet upgraded shares of Boise Cascade, L.L.C. from a “c” rating to a “b” rating in a report on Friday, May 5th. Zacks Investment Research cut shares of Boise Cascade, L.L.C. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 26th. BidaskClub cut shares of Boise Cascade, L.L.C. from a “buy” rating to a “hold” rating in a report on Friday, July 7th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $33.00 price target (up from $30.00) on shares of Boise Cascade, L.L.C. in a report on Monday, June 12th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $31.50.

In other news, EVP Nick Stokes sold 4,227 shares of the business’s stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $32.35, for a total transaction 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 $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 business’s stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $31.50, for a total value of $47,596.50. Following 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.

About Boise Cascade, L.L.C.

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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