Mesirow Financial Investment Management Equity Management increased its position in shares of BMC Stock Holdings, Inc. (NASDAQ:BMCH) by 34.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 908,385 shares of the company’s stock after buying an additional 234,855 shares during the period. Mesirow Financial Investment Management Equity Management owned 1.36% of BMC Stock Holdings worth $19,847,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Clinton Group Inc. raised its stake in shares of BMC Stock Holdings by 91.0% in the first quarter. Clinton Group Inc. now owns 32,536 shares of the company’s stock worth $735,000 after buying an additional 15,505 shares in the last quarter. Tudor Investment Corp ET AL raised its stake in shares of BMC Stock Holdings by 113.4% in the first quarter. Tudor Investment Corp ET AL now owns 73,109 shares of the company’s stock worth $1,652,000 after buying an additional 38,843 shares in the last quarter. State Board of Administration of Florida Retirement System bought a new stake in shares of BMC Stock Holdings during the fourth quarter worth $244,000. Renaissance Technologies LLC raised its stake in shares of BMC Stock Holdings by 662.1% in the first quarter. Renaissance Technologies LLC now owns 731,600 shares of the company’s stock worth $16,534,000 after buying an additional 635,600 shares in the last quarter. Finally, Airain ltd bought a new stake in shares of BMC Stock Holdings during the first quarter worth $1,295,000. 98.47% of the stock is owned by institutional investors and hedge funds.

Shares of BMC Stock Holdings, Inc. (NASDAQ:BMCH) opened at 20.40 on Tuesday. BMC Stock Holdings, Inc. has a 12-month low of $15.45 and a 12-month high of $23.90. The firm’s 50-day moving average is $21.83 and its 200-day moving average is $21.27. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 33.22 and a beta of 1.47.

BMC Stock Holdings (NASDAQ:BMCH) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.03. The company had revenue of $886.38 million during the quarter, compared to the consensus estimate of $871.51 million. BMC Stock Holdings had a net margin of 1.28% and a return on equity of 9.29%. BMC Stock Holdings’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.32 EPS. Analysts predict that BMC Stock Holdings, Inc. will post $1.10 earnings per share for the current fiscal year.

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A number of analysts recently weighed in on BMCH shares. Zacks Investment Research lowered shares of BMC Stock Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, May 9th. Barclays PLC lowered their price target on shares of BMC Stock Holdings from $24.00 to $22.00 and set an “overweight” rating for the company in a report on Friday. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $24.00 price target on shares of BMC Stock Holdings in a report on Tuesday, July 18th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $24.40.

BMC Stock Holdings Company Profile

BMC Stock Holdings, Inc is a provider of building products and services in the United States residential construction market. The Company’s segments include Mid-Atlantic, Southeast, Texas, Intermountain, Western and Mountain West divisions. Its product offerings include lumber and lumber sheet goods and an array of products, including millwork, doors, windows, structural components, floor and roof trusses and wall panels.

Institutional Ownership by Quarter for BMC Stock Holdings (NASDAQ:BMCH)

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