Frontier Capital Management Co. LLC Has $77.90 Million Stake in BMC Stock Holdings, Inc. (BMCH)

Frontier Capital Management Co. LLC lowered its stake in shares of BMC Stock Holdings, Inc. (NASDAQ:BMCH) by 2.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,648,488 shares of the company’s stock after selling 75,942 shares during the quarter. Frontier Capital Management Co. LLC owned about 5.45% of BMC Stock Holdings worth $77,895,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Robotti Robert grew its position in BMC Stock Holdings by 2.4% during the second quarter. Robotti Robert now owns 3,257,763 shares of the company’s stock worth $63,243,000 after buying an additional 77,866 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of BMC Stock Holdings by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 2,558,236 shares of the company’s stock valued at $55,897,000 after acquiring an additional 51,273 shares in the last quarter. Boston Partners boosted its holdings in shares of BMC Stock Holdings by 14.6% during the 2nd quarter. Boston Partners now owns 1,914,275 shares of the company’s stock valued at $41,827,000 after acquiring an additional 243,382 shares in the last quarter. Westfield Capital Management Co. LP boosted its holdings in shares of BMC Stock Holdings by 64.3% during the 2nd quarter. Westfield Capital Management Co. LP now owns 1,718,041 shares of the company’s stock valued at $37,539,000 after acquiring an additional 672,491 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in shares of BMC Stock Holdings by 10.3% during the 3rd quarter. Victory Capital Management Inc. now owns 1,505,434 shares of the company’s stock valued at $32,141,000 after acquiring an additional 140,368 shares in the last quarter.

Shares of BMC Stock Holdings, Inc. (NASDAQ BMCH) traded up $0.35 during mid-day trading on Monday, reaching $22.60. 1,206,100 shares of the company’s stock were exchanged, compared to its average volume of 554,265. The company has a market cap of $1,515.05, a PE ratio of 23.06 and a beta of 1.49. BMC Stock Holdings, Inc. has a 1-year low of $17.45 and a 1-year high of $23.90. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.29 and a quick ratio of 1.38.

BMC Stock Holdings (NASDAQ:BMCH) last released its quarterly earnings results on Monday, November 6th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.01). The firm had revenue of $881.01 million during the quarter, compared to the consensus estimate of $888.09 million. BMC Stock Holdings had a return on equity of 9.42% and a net margin of 1.53%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.32 EPS. analysts forecast that BMC Stock Holdings, Inc. will post 0.98 EPS for the current fiscal year.

In related news, insider James F. Jr. Major sold 20,000 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $20.24, for a total value of $404,800.00. Following the completion of the transaction, the insider now directly owns 176,482 shares in the company, valued at $3,571,995.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jeffrey Gene Rea sold 75,000 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was 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 ninety days, insiders sold 123,000 shares of company stock worth $2,645,040. Insiders own 3.70% of the company’s stock.

BMCH has been the subject of several analyst reports. Robert W. Baird reaffirmed a “buy” rating and set a $23.00 target price on shares of BMC Stock Holdings in a research report on Monday, October 9th. FBR & Co lowered their price objective on BMC Stock Holdings from $26.00 to $22.00 and set a “buy” rating for the company in a research report on Tuesday, August 22nd. Royal Bank Of Canada reissued a “buy” rating and issued a $24.00 price objective on shares of BMC Stock Holdings in a research report on Tuesday, July 18th. B. Riley restated a “buy” rating and issued a $25.00 target price (up from $22.00) on shares of BMC Stock Holdings in a research note on Tuesday, November 7th. Finally, Barclays PLC cut their target price on BMC Stock Holdings from $24.00 to $22.00 and set an “overweight” rating on the stock in a research note on Friday, August 4th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $23.83.

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BMC Stock Holdings 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 Holdings (NASDAQ:BMCH)

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