<div id="readability-page-1"><p>Platinum Investment Management Ltd. bought a new stake in shares of  Boise Cascade, L.L.C. (NYSE:BCC - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 4,298 shares of the construction company's stock, valued at approximately $373,000.</p><ul><li>Faith In The Construction Boom? Follow Buffet's New Buys Here</li></ul><p>A number of other hedge funds and other institutional investors have also recently made changes to their positions in BCC. Northwestern Mutual Wealth Management Co. lifted its position in shares of  Boise Cascade by 120.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 406 shares of the construction company's stock valued at $40,000 after buying an additional 222 shares in the last quarter.  Farther Finance Advisors LLC lifted its position in shares of  Boise Cascade by 338.5% during the 1st quarter. Farther Finance Advisors LLC now owns 478 shares of the construction company's stock valued at $47,000 after buying an additional 369 shares in the last quarter.  Blue Trust Inc. lifted its position in shares of  Boise Cascade by 93.7% during the 1st quarter. Blue Trust Inc. now owns 918 shares of the construction company's stock valued at $90,000 after buying an additional 444 shares in the last quarter.  Curat Global LLC purchased a new position in shares of  Boise Cascade during the 1st quarter valued at approximately $122,000.  Finally, GAMMA Investing LLC lifted its position in shares of  Boise Cascade by 60.6% during the 1st quarter. GAMMA Investing LLC now owns 1,458 shares of the construction company's stock valued at $143,000 after buying an additional 550 shares in the last quarter. Hedge funds and other institutional investors own  96.18% of the company's stock. </p><div><p><span></span><span>Get <strong>Boise Cascade</strong> alerts:</span></p></div><h2>Boise Cascade Trading Up 0.1%</h2><p>Shares of BCC stock opened at $77.41 on Thursday. Boise Cascade, L.L.C. has a fifty-two week low of $75.94 and a fifty-two week high of $155.42. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.54 and a current ratio of 2.96. The stock's fifty day moving average is $84.33 and its two-hundred day moving average is $89.04. The firm has a market capitalization of $2.89 billion, a P/E ratio of 11.37, a PEG ratio of 5.26 and a beta of 1.27. </p><ul><li>These 3 Wood Stocks are about to go on Discount</li></ul><p>Boise Cascade (NYSE:BCC - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The construction company reported $1.64 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.05). Boise Cascade had a return on equity of 12.26% and a net margin of 4.00%.The company had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.76 billion. During the same quarter in the prior year, the firm earned $2.84 EPS. The firm's revenue was down 3.2% on a year-over-year basis.  Research analysts expect that  Boise Cascade, L.L.C. will post 10.15 earnings per share for the current fiscal year. </p><h2>Boise Cascade Increases Dividend</h2><p>The business also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.22 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $0.88 annualized dividend and a dividend yield of 1.1%. This is a boost from Boise Cascade's previous quarterly dividend of $0.21. Boise Cascade's payout ratio is presently 12.92%. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research analysts have recently issued reports on BCC shares. DA Davidson decreased their target price on Boise Cascade from $115.00 to $100.00 and set a &#34;buy&#34; rating on the stock in a research report on Friday, July 18th. Truist Financial decreased their price objective on Boise Cascade from $101.00 to $96.00 and set a &#34;buy&#34; rating on the stock in a report on Wednesday, September 17th. BMO Capital Markets  restated a &#34;market perform&#34; rating and issued a $100.00 price objective on shares of Boise Cascade in a report on Tuesday, September 16th. Finally, Bank of America decreased their price objective on Boise Cascade from $111.00 to $107.00 and set a &#34;buy&#34; rating on the stock in a report on Wednesday, July 9th. Four research analysts have rated the stock with a Buy rating and three have issued  a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $110.67.</p><p><b>Get Our Latest Research Report on Boise Cascade</b></p><h2>Insider Transactions at Boise Cascade</h2><p>In other news, SVP Jill Twedt sold 1,782 shares of Boise Cascade stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $83.97, for a total transaction of $149,634.54. Following the transaction, the senior vice president owned 32,867 shares in the company, valued at $2,759,841.99. The trade was a 5.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, EVP Troy Little sold 2,033 shares of Boise Cascade stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $83.10, for a total value of $168,942.30. Following the transaction, the executive vice president owned 12,701 shares in the company, valued at approximately $1,055,453.10. This represents a 13.80% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,815 shares of company stock worth $409,637 in the last quarter. Company insiders own  0.98% of the company's stock. </p><h2>About Boise Cascade</h2> (Free Report)<p>Boise Cascade Company engages in manufacture of wood products and distribution of building materials in the United States and Canada. It operates through 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 shop lumber and appearance grade boards.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Boise Cascade</li><li>Overbought Stocks Explained: Should You Trade Them?</li><li>Datavault AI: The New AI Contender Backed by Big Funding</li><li>Following Congress Stock Trades</li><li>CoreWeave: Why the New King of AI Infrastructure Has Room to Run</li><li>3 Fintech Stocks With Good 2021 Prospects</li><li>Top 3 Dividend Achievers for October: High Yields, Growth Ahead</li></ul><p><strong>Want to see what other hedge funds are holding BCC?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boise Cascade, L.L.C. (NYSE:BCC - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJDQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJDQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Boise Cascade Right Now?</h2><p>Before you consider Boise Cascade, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boise Cascade wasn't on the list.</p><p>While Boise Cascade currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Platinum Investment Management Ltd. has acquired a new stake in Boise Cascade, L.L.C. (NYSE:BCC), investing approximately $373,000 for 4,298 shares during the second quarter. Other institutional investors have also increased their positions in BCC. The stock opened at $77.41, with a 52-week range of $75.94 to $155.42. Boise Cascade reported a quarterly EPS of $1.64, missing estimates, and declared a quarterly dividend of $0.22 per share, up from $0.21. Analysts have mixed ratings on the stock, with a consensus target price of $110.67.</p>

Platinum Investment Management Ltd. Invests $373,000 in Boise Cascade, L.L.C. $BCC