New York State Common Retirement Fund raised its position in Boise Cascade, L.L.C. (NYSE:BCC) by 1.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 275,589 shares of the company’s stock after buying an additional 3,900 shares during the period. New York State Common Retirement Fund’s holdings in Boise Cascade, L.L.C. were worth $7,000,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Arizona State Retirement System increased its stake in Boise Cascade, L.L.C. by 1.0% in the second quarter. Arizona State Retirement System now owns 20,121 shares of the company’s stock worth $462,000 after buying an additional 200 shares in the last quarter. First Mercantile Trust Co. increased its stake in Boise Cascade, L.L.C. by 1.9% in the third quarter. First Mercantile Trust Co. now owns 11,098 shares of the company’s stock worth $282,000 after buying an additional 205 shares in the last quarter. Great West Life Assurance Co. Can increased its stake in Boise Cascade, L.L.C. by 0.4% in the third quarter. Great West Life Assurance Co. Can now owns 53,190 shares of the company’s stock worth $1,349,000 after buying an additional 212 shares in the last quarter. BlackRock Inc. increased its stake in Boise Cascade, L.L.C. by 1.6% in the third quarter. BlackRock Inc. now owns 18,871 shares of the company’s stock worth $479,000 after buying an additional 304 shares in the last quarter. Finally, PineBridge Investments L.P. increased its stake in Boise Cascade, L.L.C. by 7.7% in the second quarter. PineBridge Investments L.P. now owns 4,915 shares of the company’s stock worth $113,000 after buying an additional 353 shares in the last quarter. Hedge funds and other institutional investors own 96.44% of the company’s stock.

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

Shares of Boise Cascade, L.L.C. (NYSE:BCC) opened at 24.70 on Friday. Boise Cascade, L.L.C. has a 52 week low of $13.80 and a 52 week high of $29.95. The firm has a market cap of $957.13 million, a P/E ratio of 26.28 and a beta of 2.05. The stock has a 50 day moving average of $23.39 and a 200 day moving average of $23.94.

Boise Cascade, L.L.C. (NYSE:BCC) last posted its quarterly earnings results on Monday, October 24th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by $0.31. Boise Cascade, L.L.C. had a net margin of 0.94% and a return on equity of 8.10%. The business earned $1.07 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the company posted $0.56 EPS. The firm’s revenue was up 7.6% on a year-over-year basis. Analysts anticipate that Boise Cascade, L.L.C. will post $1.06 earnings per share for the current fiscal year.

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Several equities research analysts have recently commented on the stock. Goldman Sachs Group, Inc. (The) assumed coverage on shares of Boise Cascade, L.L.C. in a research note on Thursday, September 22nd. They issued a “buy” rating and a $34.00 target price on the stock. Zacks Investment Research downgraded shares of Boise Cascade, L.L.C. from a “hold” rating to a “sell” rating in a research note on Wednesday, October 5th. Finally, TheStreet downgraded shares of Boise Cascade, L.L.C. from a “buy” rating to a “hold” rating in a research note on Friday, September 30th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $27.50.

Boise Cascade, L.L.C. Company Profile

Boise Cascade Company, formerly Boise Cascade, LLC., is a plywood and engineered wood products (EWP) manufacturer and building materials distributor with operations throughout the United States. The Company’s segments include Wood Products, Building Materials Distribution, and Corporate and Other. Its Wood Products segment manufactures plywood, EWP, studs, particleboard and ponderosa pine lumber.

5 Day Chart for NYSE:BCC

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