Shares of Boise Cascade L.L.C. (NYSE:BCC) traded up 2% during mid-day trading on Thursday . The company traded as high as $22.98 and last traded at $22.41, with a volume of 185,183 shares traded. The stock had previously closed at $21.98.

A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Boise Cascade L.L.C. from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Bank of America Corp. downgraded shares of Boise Cascade L.L.C. from a “buy” rating to a “neutral” rating and set a $23.00 price target for the company. in a research note on Friday, July 1st. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Boise Cascade L.L.C. has an average rating of “Hold” and a consensus price target of $28.00.

The firm has a market capitalization of $869.16 million and a price-to-earnings ratio of 17.70. The firm has a 50 day moving average of $22.25 and a 200-day moving average of $20.76.

Boise Cascade L.L.C. (NYSE:BCC) last announced its earnings results on Tuesday, May 3rd. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.16. The business had revenue of $880.70 million for the quarter, compared to analysts’ expectations of $830.22 million. During the same period in the prior year, the company posted $0.19 earnings per share. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. On average, analysts anticipate that Boise Cascade L.L.C. will post $1.34 EPS for the current fiscal year.

Other hedge funds have recently made changes to their positions in the company. Nationwide Fund Advisors boosted its stake in shares of Boise Cascade L.L.C. by 1.4% in the fourth quarter. Nationwide Fund Advisors now owns 49,546 shares of the company’s stock worth $1,265,000 after buying an additional 695 shares during the period. Rhumbline Advisers boosted its stake in shares of Boise Cascade L.L.C. by 8.0% in the fourth quarter. Rhumbline Advisers now owns 47,509 shares of the company’s stock worth $1,213,000 after buying an additional 3,525 shares during the period. SECOR Capital Advisors LP boosted its stake in shares of Boise Cascade L.L.C. by 4.8% in the fourth quarter. SECOR Capital Advisors LP now owns 83,395 shares of the company’s stock worth $2,129,000 after buying an additional 3,821 shares during the period. Mutual of America Capital Management LLC boosted its stake in shares of Boise Cascade L.L.C. by 9.2% in the fourth quarter. Mutual of America Capital Management LLC now owns 97,948 shares of the company’s stock worth $2,501,000 after buying an additional 8,265 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of Boise Cascade L.L.C. during the fourth quarter worth about $1,288,000.

Boise Cascade Company is a plywood and engineered wood products (EWP) manufacturer and building materials distributor. The Company’s segments include Wood Products and Building Materials Distribution. Its Wood Products segment manufactures plywood, EWP, studs, particleboard and ponderosa pine lumber.

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