BlueLinx Holdings Inc. (NYSE:BXC) Shares Sold by Empowered Funds LLC

Empowered Funds LLC reduced its position in shares of BlueLinx Holdings Inc. (NYSE:BXC) by 29.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,254 shares of the construction company’s stock after selling 20,156 shares during the period. Empowered Funds LLC owned about 0.56% of BlueLinx worth $4,827,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Public Employees Retirement System of Ohio increased its holdings in shares of BlueLinx by 59.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 377 shares of the construction company’s stock valued at $40,000 after acquiring an additional 140 shares during the last quarter. nVerses Capital LLC increased its stake in BlueLinx by 100.0% in the third quarter. nVerses Capital LLC now owns 600 shares of the construction company’s stock valued at $63,000 after purchasing an additional 300 shares during the last quarter. Quest Partners LLC raised its holdings in BlueLinx by 43.2% during the third quarter. Quest Partners LLC now owns 1,133 shares of the construction company’s stock worth $119,000 after purchasing an additional 342 shares in the last quarter. Meeder Asset Management Inc. lifted its position in shares of BlueLinx by 50.1% during the 3rd quarter. Meeder Asset Management Inc. now owns 1,135 shares of the construction company’s stock worth $120,000 after buying an additional 379 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of BlueLinx by 10.5% in the 3rd quarter. FMR LLC now owns 1,545 shares of the construction company’s stock valued at $163,000 after buying an additional 147 shares in the last quarter. Institutional investors and hedge funds own 90.83% of the company’s stock.

BlueLinx Trading Down 0.9 %

NYSE BXC opened at $103.31 on Wednesday. The firm’s fifty day moving average price is $109.16 and its 200 day moving average price is $108.41. BlueLinx Holdings Inc. has a 12 month low of $87.67 and a 12 month high of $134.79. The company has a debt-to-equity ratio of 0.88, a current ratio of 4.58 and a quick ratio of 3.26. The company has a market capitalization of $865.82 million, a price-to-earnings ratio of 30.03 and a beta of 2.04.

BlueLinx Company Profile

BlueLinx Holdings Inc, together with its subsidiaries, engages in the distribution of residential and commercial building products in the United States. It distributes specialty products, including engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products; and structural products, such as lumber, plywood, oriented strand boards, rebars and remesh, as well as other wood products that are used for structural support in construction projects.