Today, Mutual of America Capital Management LLC Buys 556 Shares of Boise Cascade L.L.C. (BCC)

Today, Mutual of America Capital Management LLC Buys 556 Shares of Boise Cascade L.L.C. (BCC)
Mutual of America Capital Management LLC raised its position in Boise Cascade L.L.C. (NYSE:BCC) by 0.5% during the third quarter, Holdings Channel reports. The institutional investor owned 114,405 shares of the company’s stock after buying an additional 556 shares during the period. Mutual of America Capital Management LLC owned 0.30% of Boise Cascade L.L.C. worth $2,906,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. PineBridge Investments L.P. increased its stake in shares of 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 valued at $113,000 after buying an additional 353 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of Boise Cascade L.L.C. by 1,630.7% in the second quarter. Tower Research Capital LLC TRC now owns 5,192 shares of the company’s stock valued at $119,000 after buying an additional 4,892 shares during the period. Teacher Retirement System of Texas increased its stake in shares of Boise Cascade L.L.C. by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 5,444 shares of the company’s stock valued at $125,000 after buying an additional 658 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of Boise Cascade L.L.C. by 28.1% in the second quarter. Public Employees Retirement System of Ohio now owns 5,696 shares of the company’s stock valued at $131,000 after buying an additional 1,250 shares during the period. Finally, Advisor Group Inc. purchased a new stake in shares of Boise Cascade L.L.C. during the second quarter valued at about $162,000. Institutional investors own 96.27% of the company’s stock.

Boise Cascade L.L.C. (NYSE:BCC) traded down 0.45% on Thursday, reaching $22.00. 265,373 shares of the company’s stock traded hands. Boise Cascade L.L.C. has a 52-week low of $13.80 and a 52-week high of $31.85. The company’s 50 day moving average is $21.49 and its 200-day moving average is $23.66. The stock has a market cap of $852.50 million, a price-to-earnings ratio of 23.40 and a beta of 1.98.

Boise Cascade L.L.C. (NYSE:BCC) last posted its earnings results on Monday, October 24th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.57 by $0.31. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.09 billion. Boise Cascade L.L.C. had a return on equity of 8.10% and a net margin of 0.94%. The company’s revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.56 earnings per share. Equities analysts expect that Boise Cascade L.L.C. will post $1.10 EPS for the current year.

Several equities research analysts recently issued reports on the stock. BMO Capital Markets downgraded shares of Boise Cascade L.L.C. from an “outperform” rating to a “market perform” rating and set a $30.00 target price for the company. in a research note on Monday, August 8th. TheStreet upgraded shares of Boise Cascade L.L.C. from a “hold” rating to a “buy” rating in a research note on Thursday, July 28th. Goldman Sachs Group Inc. 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 for the company. Finally, Zacks Investment Research upgraded shares of Boise Cascade L.L.C. from a “sell” rating to a “strong-buy” rating and set a $32.00 target price for the company in a research note on Tuesday, August 2nd. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price 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.

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