SECOR Capital Advisors LP Buys 51,984 Shares of Boise Cascade, L.L.C. (BCC)

SECOR Capital Advisors LP increased its stake in shares of Boise Cascade, L.L.C. (NYSE:BCC) by 269.8% during the third quarter, Holdings Channel reports. The fund owned 71,250 shares of the company’s stock after buying an additional 51,984 shares during the period. SECOR Capital Advisors LP’s holdings in Boise Cascade, L.L.C. were worth $1,810,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in BCC. Teachers Advisors LLC boosted its stake in Boise Cascade, L.L.C. by 43.1% in the third quarter. Teachers Advisors LLC now owns 458,586 shares of the company’s stock valued at $11,648,000 after buying an additional 138,111 shares during the last quarter. BlackRock Advisors LLC boosted its stake in Boise Cascade, L.L.C. by 15.0% in the third quarter. BlackRock Advisors LLC now owns 90,391 shares of the company’s stock valued at $2,296,000 after buying an additional 11,791 shares during the last quarter. Frontier Capital Management Co. LLC boosted its stake in Boise Cascade, L.L.C. by 60.8% in the second quarter. Frontier Capital Management Co. LLC now owns 2,060,764 shares of the company’s stock valued at $47,295,000 after buying an additional 778,948 shares during the last quarter. BlackRock Group LTD boosted its stake in Boise Cascade, L.L.C. by 15.5% in the third quarter. BlackRock Group LTD now owns 82,013 shares of the company’s stock valued at $2,082,000 after buying an additional 11,001 shares during the last quarter. Finally, Peregrine Capital Management LLC bought a new stake in Boise Cascade, L.L.C. during the third quarter valued at $25,030,000. Institutional investors and hedge funds own 96.45% of the company’s stock.

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

Boise Cascade, L.L.C. (NYSE:BCC) opened at 26.25 on Friday. The firm’s 50-day moving average is $24.19 and its 200-day moving average is $23.96. The company has a market cap of $1.02 billion, a PE ratio of 27.93 and a beta of 2.07. Boise Cascade, L.L.C. has a 52 week low of $13.80 and a 52 week high of $29.95.

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Several equities research analysts recently weighed in on BCC shares. Goldman Sachs Group, Inc. (The) cut shares of Boise Cascade, L.L.C. from a “buy” rating to a “neutral” rating and set a $25.00 target price for the company. in a research note on Tuesday, October 25th. 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 Tuesday. Five analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average 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

Want to see what other hedge funds are holding BCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boise Cascade, L.L.C. (NYSE:BCC).

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