Macquarie Group Ltd. increased its position in shares of Boise Cascade, L.L.C. (NYSE:BCC) by 15.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,099,454 shares of the construction company’s stock after acquiring an additional 146,442 shares during the quarter. Macquarie Group Ltd. owned approximately 2.85% of Boise Cascade, L.L.C. worth $38,371,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Boise Cascade, L.L.C. by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 3,552,414 shares of the construction company’s stock valued at $94,850,000 after purchasing an additional 213,736 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Boise Cascade, L.L.C. by 3.1% in the 1st quarter. Geode Capital Management LLC now owns 291,570 shares of the construction company’s stock valued at $7,784,000 after purchasing an additional 8,693 shares during the last quarter. Morgan Stanley raised its stake in shares of Boise Cascade, L.L.C. by 36.3% in the 1st quarter. Morgan Stanley now owns 179,228 shares of the construction company’s stock valued at $4,785,000 after acquiring an additional 47,708 shares during the period. BlackRock Inc. raised its stake in shares of Boise Cascade, L.L.C. by 38,826.0% in the 1st quarter. BlackRock Inc. now owns 4,889,878 shares of the construction company’s stock valued at $130,560,000 after acquiring an additional 4,877,316 shares during the period. Finally, KCG Holdings Inc. purchased a new position in shares of Boise Cascade, L.L.C. in the 1st quarter valued at $253,000. Hedge funds and other institutional investors own 91.55% of the company’s stock.

Several research firms recently issued reports on BCC. Vertical Research downgraded shares of Boise Cascade, L.L.C. from a “buy” rating to a “hold” rating and set a $36.00 price target on the stock. in a research note on Wednesday, October 4th. Sidoti started coverage on shares of Boise Cascade, L.L.C. in a report on Friday, September 15th. They set a “buy” rating for the company. Zacks Investment Research raised shares of Boise Cascade, L.L.C. from a “sell” rating to a “hold” rating in a report on Monday, July 31st. DA Davidson lowered shares of Boise Cascade, L.L.C. from a “buy” rating to a “neutral” rating and set a $36.00 price objective for the company. in a report on Tuesday, October 3rd. Finally, Bank of America Corporation lowered shares of Boise Cascade, L.L.C. from a “buy” rating to a “neutral” rating and raised their price objective 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, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $36.40.

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Boise Cascade, L.L.C. (NYSE BCC) opened at $37.30 on Wednesday. Boise Cascade, L.L.C. has a fifty-two week low of $21.50 and a fifty-two week high of $38.85. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.27 and a quick ratio of 1.19. The company has a market cap of $1,440.00, a PE ratio of 22.31, a PEG ratio of 1.05 and a beta of 2.08.

Boise Cascade, L.L.C. (NYSE:BCC) last posted its earnings results on Tuesday, October 31st. The construction company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.17. Boise Cascade, L.L.C. had a net margin of 1.59% and a return on equity of 10.66%. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the business posted $0.26 EPS. Boise Cascade, L.L.C.’s revenue was up 14.9% on a year-over-year basis. analysts anticipate that Boise Cascade, L.L.C. will post 1.92 earnings per share for the current fiscal year.

The business also recently declared a Not Available dividend, which will be paid on Friday, December 15th. Shareholders of record on Monday, November 27th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, November 24th.

In other Boise Cascade, L.L.C. news, Director Thomas E. Carlile sold 17,552 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $31.75, for a total transaction of $557,276.00. Following the sale, the director now directly owns 63,496 shares in the company, valued at approximately $2,015,998. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by insiders.

Boise Cascade, L.L.C. 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.

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

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