Boise Cascade L.L.C. (NYSE:BCC) shares traded up 2% during trading on Thursday . The stock 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.

Several research analysts recently commented on the stock. Bank of America Corp. lowered shares of Boise Cascade L.L.C. from a “buy” rating to a “neutral” rating and set a $23.00 price objective for the company. in a research note on Friday, July 1st. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Boise Cascade L.L.C. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 20th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Boise Cascade L.L.C. currently has an average rating of “Hold” and an average price target of $28.00.

The company has a market cap of $925.35 million and a price-to-earnings ratio of 18.85. The stock’s 50-day moving average price is $22.34 and its 200 day moving average price is $20.76.

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

Several hedge funds and institutional investors have bought and sold shares of BCC. Marshall Wace LLP acquired a new position in Boise Cascade L.L.C. during the fourth quarter valued at approximately $1,288,000. Victory Capital Management Inc. raised its position in Boise Cascade L.L.C. by 27.3% in the fourth quarter. Victory Capital Management Inc. now owns 985,709 shares of the company’s stock valued at $25,165,000 after buying an additional 211,424 shares during the last quarter. Wells Fargo & Company MN raised its position in Boise Cascade L.L.C. by 38.5% in the fourth quarter. Wells Fargo & Company MN now owns 743,905 shares of the company’s stock valued at $18,991,000 after buying an additional 206,778 shares during the last quarter. Mutual of America Capital Management LLC raised its position in 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 valued at $2,501,000 after buying an additional 8,265 shares during the last quarter. Finally, SECOR Capital Advisors LP raised its position in 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 valued at $2,129,000 after buying an additional 3,821 shares during the last quarter.

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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