Unison Advisors LLC acquired a new position in Boise Cascade Co (NYSE:BCC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 9,224 shares of the construction company’s stock, valued at approximately $220,000.

Several other institutional investors and hedge funds have also bought and sold shares of BCC. IMS Capital Management purchased a new position in shares of Boise Cascade in the third quarter worth approximately $37,000. Paradigm Asset Management Co. LLC purchased a new position in shares of Boise Cascade in the third quarter worth approximately $46,000. Quantamental Technologies LLC purchased a new position in shares of Boise Cascade in the fourth quarter worth approximately $62,000. Tocqueville Asset Management L.P. purchased a new position in shares of Boise Cascade in the third quarter worth approximately $207,000. Finally, Vident Investment Advisory LLC purchased a new position in shares of Boise Cascade in the third quarter worth approximately $209,000. 95.69% of the stock is currently owned by institutional investors.

NYSE:BCC traded up $0.05 during trading hours on Monday, hitting $27.36. 760 shares of the stock traded hands, compared to its average volume of 294,050. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.36 and a quick ratio of 1.17. Boise Cascade Co has a 1 year low of $22.00 and a 1 year high of $49.30. The company has a market capitalization of $1.06 billion, a P/E ratio of 14.31, a P/E/G ratio of 1.84 and a beta of 1.91.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Friday, March 1st will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Thursday, February 28th. Boise Cascade’s dividend payout ratio is currently 18.85%.

A number of equities analysts recently issued reports on the stock. ValuEngine downgraded shares of Boise Cascade from a “sell” rating to a “strong sell” rating in a report on Thursday, November 1st. Zacks Investment Research downgraded shares of Boise Cascade from a “hold” rating to a “sell” rating in a report on Thursday, November 1st. DA Davidson dropped their price objective on shares of Boise Cascade to $35.00 and set a “neutral” rating on the stock in a report on Wednesday, November 7th. BMO Capital Markets reissued a “hold” rating and issued a $32.00 price objective on shares of Boise Cascade in a report on Wednesday, January 30th. Finally, TheStreet downgraded shares of Boise Cascade from a “b-” rating to a “c+” rating in a report on Wednesday, December 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. Boise Cascade currently has an average rating of “Hold” and a consensus price target of $41.25.

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Boise Cascade Profile

Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates in two segments, Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and commercial flooring and roofing systems, and other structural applications; structural, appearance, and industrial plywood panels; and ponderosa pine lumber, studs, and particleboards.

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Institutional Ownership by Quarter for Boise Cascade (NYSE:BCC)

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