Robotti Robert Has $32.99 Million Position in BMC Stock Holdings Inc (BMCH)

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Robotti Robert lessened its holdings in BMC Stock Holdings Inc (NASDAQ:BMCH) by 0.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,130,985 shares of the company’s stock after selling 950 shares during the quarter. BMC Stock comprises approximately 12.9% of Robotti Robert’s investment portfolio, making the stock its largest holding. Robotti Robert owned 3.16% of BMC Stock worth $32,988,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Wells Fargo & Company MN increased its stake in BMC Stock by 97.0% during the 3rd quarter. Wells Fargo & Company MN now owns 599,067 shares of the company’s stock worth $11,172,000 after buying an additional 294,915 shares in the last quarter. Prudential Financial Inc. raised its stake in shares of BMC Stock by 25.3% in the third quarter. Prudential Financial Inc. now owns 886,211 shares of the company’s stock valued at $16,527,000 after acquiring an additional 178,763 shares in the last quarter. Alliancebernstein L.P. increased its holdings in BMC Stock by 60.3% in the third quarter. Alliancebernstein L.P. now owns 3,260,855 shares of the company’s stock valued at $60,815,000 after buying an additional 1,227,161 shares during the last quarter. Janus Henderson Group PLC purchased a new position in BMC Stock in the third quarter valued at $206,000. Finally, Bank of New York Mellon Corp increased its holdings in BMC Stock by 13.9% in the third quarter. Bank of New York Mellon Corp now owns 341,088 shares of the company’s stock valued at $6,361,000 after buying an additional 41,599 shares during the last quarter.

BMCH has been the topic of several research reports. DA Davidson lowered BMC Stock from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $26.00 to $19.00 in a report on Thursday, January 10th. BidaskClub raised BMC Stock from a “hold” rating to a “buy” rating in a report on Friday, January 11th. ValuEngine raised BMC Stock from a “sell” rating to a “hold” rating in a report on Thursday, February 28th. Credit Suisse Group set a $20.00 price objective on shares of BMC Stock and gave the company a “hold” rating in a research report on Friday, March 1st. Finally, Zacks Investment Research upgraded shares of BMC Stock from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Monday, January 14th. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. BMC Stock currently has an average rating of “Hold” and an average target price of $21.29.

BMCH stock opened at $17.59 on Thursday. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 9.45, a PEG ratio of 2.62 and a beta of 1.18. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.86 and a quick ratio of 1.82. BMC Stock Holdings Inc has a one year low of $14.66 and a one year high of $23.15.

BMC Stock (NASDAQ:BMCH) last released its earnings results on Thursday, February 28th. The company reported $0.48 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.19. The firm had revenue of $859.50 million during the quarter, compared to analysts’ expectations of $850.72 million. BMC Stock had a net margin of 3.25% and a return on equity of 15.78%. BMC Stock’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.23 EPS. As a group, sell-side analysts expect that BMC Stock Holdings Inc will post 1.35 EPS for the current year.

In other BMC Stock news, Director Carl R. Vertuca, Jr. sold 2,500 shares of BMC Stock stock in a transaction that occurred on Friday, January 4th. The shares were sold at an average price of $16.50, for a total value of $41,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David W. Bullock bought 5,000 shares of the stock in a transaction on Monday, March 11th. The stock was purchased at an average cost of $18.49 per share, with a total value of $92,450.00. The disclosure for this purchase can be found here. Insiders sold a total of 10,000 shares of company stock valued at $172,500 over the last ninety days. 1.20% of the stock is owned by corporate insiders.

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BMC Stock Company Profile

BMC Stock Holdings, Inc operates as lumber and building materials distributor and solutions provider in the United States. Its primary products include structural components, such as floor trusses, 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 trim, custom millwork, moldings, stairs and stair parts, and cabinetry and other products.

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Institutional Ownership by Quarter for BMC Stock (NASDAQ:BMCH)

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