BMC Stock Holdings Inc (BMCH) Holdings Lowered by California State Teachers Retirement System

California State Teachers Retirement System lowered its position in shares of BMC Stock Holdings Inc (NASDAQ:BMCH) by 9.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 104,833 shares of the company’s stock after selling 11,233 shares during the quarter. California State Teachers Retirement System owned 0.16% of BMC Stock worth $2,238,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of BMC Stock by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 2,558,236 shares of the company’s stock worth $55,897,000 after buying an additional 51,273 shares in the last quarter. Boston Partners lifted its position in shares of BMC Stock by 1.9% during the 3rd quarter. Boston Partners now owns 1,950,153 shares of the company’s stock worth $41,636,000 after buying an additional 35,878 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of BMC Stock by 26.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,854,388 shares of the company’s stock worth $39,592,000 after buying an additional 392,741 shares in the last quarter. Westfield Capital Management Co. LP lifted its position in shares of BMC Stock by 64.3% during the 2nd quarter. Westfield Capital Management Co. LP now owns 1,718,041 shares of the company’s stock worth $37,539,000 after buying an additional 672,491 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of BMC Stock by 10.3% during the 3rd quarter. Victory Capital Management Inc. now owns 1,505,434 shares of the company’s stock worth $32,141,000 after buying an additional 140,368 shares in the last quarter.

In other BMC Stock news, insider Keith Costello acquired 15,000 shares of BMC Stock stock in a transaction that occurred on Wednesday, December 13th. The stock was acquired at an average cost of $23.13 per share, for a total transaction of $346,950.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jeffrey Gene Rea sold 75,000 shares of BMC Stock stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $22.00, for a total transaction of $1,650,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 227,000 shares of company stock valued at $5,294,400. 3.70% of the stock is currently owned by company insiders.

Several research firms have commented on BMCH. American Capital Partners reissued a “neutral” rating and set a $26.00 target price (up previously from $25.00) on shares of BMC Stock in a research report on Friday, January 5th. Zacks Investment Research raised shares of BMC Stock from a “sell” rating to a “hold” rating and set a $27.00 target price on the stock in a research report on Friday, January 5th. BidaskClub cut shares of BMC Stock from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 4th. B. Riley cut shares of BMC Stock from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $25.00 to $26.00 in a research report on Wednesday, January 3rd. Finally, TheStreet upgraded shares of BMC Stock from a “c” rating to a “b-” rating in a research note on Friday, December 1st. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. BMC Stock presently has an average rating of “Buy” and a consensus price target of $24.75.

Shares of BMC Stock Holdings Inc (NASDAQ:BMCH) opened at $24.50 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.38 and a current ratio of 2.29. BMC Stock Holdings Inc has a one year low of $17.45 and a one year high of $25.70. The stock has a market cap of $1,640.00, a P/E ratio of 32.67 and a beta of 1.50.

BMC Stock (NASDAQ:BMCH) last issued its quarterly earnings results on Monday, November 6th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.01). BMC Stock had a return on equity of 9.42% and a net margin of 1.53%. The company had revenue of $881.01 million for the quarter, compared to analysts’ expectations of $888.09 million. During the same quarter in the previous year, the business earned $0.32 EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. research analysts expect that BMC Stock Holdings Inc will post 0.99 earnings per share for the current year.

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BMC Stock 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 (NASDAQ:BMCH)

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