Renaissance Technologies LLC lessened its position in BlueLinx Holdings Inc. (NYSE:BXC) by 8.4% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 536,260 shares of the construction company’s stock after selling 49,000 shares during the period. Renaissance Technologies LLC owned approximately 5.82% of BlueLinx worth $20,126,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Hennessy Advisors Inc. acquired a new stake in BlueLinx in the second quarter valued at approximately $3,475,000. Gratia Capital LLC acquired a new stake in BlueLinx in the first quarter valued at approximately $6,576,000. GSA Capital Partners LLP grew its stake in BlueLinx by 105.8% in the second quarter. GSA Capital Partners LLP now owns 28,200 shares of the construction company’s stock valued at $1,058,000 after acquiring an additional 14,500 shares during the period. Gendell Jeffrey L acquired a new stake in BlueLinx in the first quarter valued at approximately $5,417,000. Finally, Dimensional Fund Advisors LP grew its stake in BlueLinx by 34.1% in the first quarter. Dimensional Fund Advisors LP now owns 226,896 shares of the construction company’s stock valued at $7,395,000 after acquiring an additional 57,665 shares during the period. 62.11% of the stock is owned by hedge funds and other institutional investors.

Separately, ValuEngine cut BlueLinx from a “buy” rating to a “hold” rating in a research note on Wednesday, July 25th.

Shares of NYSE:BXC opened at $33.15 on Tuesday. The company has a market cap of $324.45 million, a P/E ratio of 6.25 and a beta of 1.88. The company has a debt-to-equity ratio of 61.71, a quick ratio of 1.60 and a current ratio of 3.32. BlueLinx Holdings Inc. has a 12-month low of $7.57 and a 12-month high of $46.42.

BlueLinx (NYSE:BXC) last announced its earnings results on Thursday, August 9th. The construction company reported ($0.93) earnings per share (EPS) for the quarter. The company had revenue of $892.95 million for the quarter. BlueLinx had a net margin of 1.66% and a return on equity of 412.62%.

About BlueLinx

BlueLinx Holdings, Inc engages in the distribution of building and industrial products. Its product cotegories include structural and specialty. The company was founded on March 8, 2004 and is headquartered in Atlanta, GA.

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Institutional Ownership by Quarter for BlueLinx (NYSE:BXC)

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