Shares of Boise Cascade, L.L.C. (NYSE:BCC) have earned an average recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $30.67.

BCC has been the subject of a number of recent analyst reports. TheStreet upgraded shares of Boise Cascade, L.L.C. from a “c” rating to a “b” rating in a report on Friday, May 5th. Zacks Investment Research lowered shares of Boise Cascade, L.L.C. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 26th. BMO Capital Markets restated a “hold” rating and issued a $30.00 price objective on shares of Boise Cascade, L.L.C. in a report on Wednesday, April 12th. Finally, BidaskClub lowered shares of Boise Cascade, L.L.C. from a “buy” rating to a “hold” rating in a report on Friday, July 7th.

In related news, EVP Nick Stokes sold 4,227 shares of the business’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $32.35, for a total value of $136,743.45. Following the completion of the transaction, the executive vice president now directly owns 63,753 shares in the company, valued at approximately $2,062,409.55. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Kelly E. Hibbs sold 1,511 shares of the business’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $31.50, for a total transaction of $47,596.50. Following the completion of the transaction, the vice president now owns 25,868 shares of the company’s stock, valued at $814,842. The disclosure for this sale can be found here. 1.00% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the company. State of Alaska Department of Revenue increased its stake in Boise Cascade, L.L.C. by 1.4% in the first quarter. State of Alaska Department of Revenue now owns 4,250 shares of the construction company’s stock worth $113,000 after buying an additional 60 shares during the period. Arizona State Retirement System increased its stake in Boise Cascade, L.L.C. by 0.5% in the first quarter. Arizona State Retirement System now owns 20,021 shares of the construction company’s stock worth $535,000 after buying an additional 100 shares during the period. Louisiana State Employees Retirement System increased its stake in Boise Cascade, L.L.C. by 0.6% in the second quarter. Louisiana State Employees Retirement System now owns 15,700 shares of the construction company’s stock worth $477,000 after buying an additional 100 shares during the period. Municipal Employees Retirement System of Michigan increased its stake in Boise Cascade, L.L.C. by 0.8% in the first quarter. Municipal Employees Retirement System of Michigan now owns 18,790 shares of the construction company’s stock worth $501,000 after buying an additional 140 shares during the period. Finally, Texas Permanent School Fund increased its stake in Boise Cascade, L.L.C. by 1.3% in the second quarter. Texas Permanent School Fund now owns 28,135 shares of the construction company’s stock worth $855,000 after buying an additional 368 shares during the period. 97.38% of the stock is owned by institutional investors and hedge funds.

Boise Cascade, L.L.C. (NYSE:BCC) traded down 1.81% during trading on Friday, hitting $29.85. The stock had a trading volume of 284,940 shares. Boise Cascade, L.L.C. has a 1-year low of $17.80 and a 1-year high of $33.40. The stock’s 50-day moving average price is $29.65 and its 200-day moving average price is $28.18. The company has a market capitalization of $1.15 billion, a P/E ratio of 25.08 and a beta of 2.05.

Boise Cascade, L.L.C. (NYSE:BCC) last released its earnings results on Thursday, July 27th. The construction company reported $0.57 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.61 by $0.04. Boise Cascade, L.L.C. had a net margin of 1.13% and a return on equity of 8.32%. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the business posted $0.49 earnings per share. Boise Cascade, L.L.C.’s revenue for the quarter was up 9.1% on a year-over-year basis. Analysts expect that Boise Cascade, L.L.C. will post $1.65 earnings per share for the current year.

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Boise Cascade, L.L.C. Company Profile

Boise Cascade Company is an integrated wood products manufacturer and building materials distributor with operations throughout the United States and one manufacturing facility in Canada. The Company is also a producer of engineered wood products (EWP) and plywood in North America. The Company operates through three segments: Wood Products, Building Materials Distribution, and Corporate and Other.