Frontier Capital Management Co. LLC lifted its stake in shares of BMC Stock Holdings Inc (NASDAQ:BMCH) by 0.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,555,113 shares of the company’s stock after acquiring an additional 26,069 shares during the period. Frontier Capital Management Co. LLC owned 0.05% of BMC Stock worth $62,819,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. boosted its stake in BMC Stock by 4.3% in the 4th quarter. BlackRock Inc. now owns 4,799,632 shares of the company’s stock worth $74,299,000 after buying an additional 195,931 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in BMC Stock by 14.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,317,772 shares of the company’s stock worth $51,360,000 after buying an additional 429,782 shares during the last quarter. Vanguard Group Inc boosted its stake in BMC Stock by 1.5% in the 3rd quarter. Vanguard Group Inc now owns 2,945,221 shares of the company’s stock worth $54,929,000 after buying an additional 42,598 shares during the last quarter. Vanguard Group Inc. boosted its stake in BMC Stock by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 2,945,221 shares of the company’s stock worth $54,929,000 after buying an additional 42,598 shares during the last quarter. Finally, Boston Partners boosted its stake in BMC Stock by 2.5% in the 1st quarter. Boston Partners now owns 2,385,328 shares of the company’s stock worth $42,149,000 after buying an additional 57,471 shares during the last quarter.
BMCH has been the topic of a number of research analyst reports. Royal Bank of Canada set a $20.00 price target on BMC Stock and gave the stock a “hold” rating in a research note on Friday, March 1st. Wedbush reissued an “outperform” rating and issued a $23.00 price target on shares of BMC Stock in a research note on Tuesday, March 12th. BidaskClub lowered BMC Stock from a “hold” rating to a “sell” rating in a research note on Friday, March 22nd. ValuEngine raised BMC Stock from a “sell” rating to a “hold” rating in a research note on Thursday, February 28th. Finally, TheStreet raised BMC Stock from a “c+” rating to a “b-” rating in a research note on Wednesday, March 20th. Eleven analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $22.13.
NASDAQ BMCH opened at $22.44 on Friday. The stock has a market capitalization of $1.50 billion, a PE ratio of 12.06, a PEG ratio of 2.98 and a beta of 1.22. BMC Stock Holdings Inc has a 1-year low of $14.66 and a 1-year high of $23.15. The company has a current ratio of 2.37, a quick ratio of 1.51 and a debt-to-equity ratio of 0.50.
BMC Stock (NASDAQ:BMCH) last released its quarterly earnings data on Wednesday, May 1st. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.11. The business had revenue of $825.40 million for the quarter, compared to analyst estimates of $798.04 million. BMC Stock had a return on equity of 15.62% and a net margin of 3.40%. The company’s revenue was down 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.29 EPS. Sell-side analysts expect that BMC Stock Holdings Inc will post 1.52 EPS for the current fiscal year.
In related news, insider Michael Alan Farmer sold 2,500 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $22.60, for a total transaction of $56,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director David W. Bullock bought 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were bought at an average price of $22.64 per share, for a total transaction of $67,920.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 17,000 shares of company stock worth $362,780 and sold 17,500 shares worth $374,800. Insiders own 1.20% of the company’s stock.
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BMC Stock Company Profile
BMC Stock Holdings, Inc distributes lumber and building materials to new construction, and repair and remodeling contractors in the United States. Its products comprise structural components, such as floor and roof trusses, wall panels, and engineered wood products; lumber and lumber sheet goods, including dimensional lumber, plywood, and oriented strand board products used in on-site house framing under the Ready-Frame brand; and millwork, doors, and windows comprising interior and exterior doors, windows, interior trims, custom millworks, moldings, stairs and stair parts, and cabinetry and other products.
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