Dimensional Fund Advisors LP Has $59.22 Million Stock Holdings in BlueLinx Holdings Inc. (NYSE:BXC)

Dimensional Fund Advisors LP boosted its position in shares of BlueLinx Holdings Inc. (NYSE:BXC) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 579,636 shares of the construction company’s stock after purchasing an additional 1,889 shares during the quarter. Dimensional Fund Advisors LP owned 0.07% of BlueLinx worth $59,216,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new position in shares of BlueLinx in the 4th quarter valued at $61,000. AlphaQuest LLC lifted its holdings in BlueLinx by 28.4% during the fourth quarter. AlphaQuest LLC now owns 1,455 shares of the construction company’s stock worth $149,000 after acquiring an additional 322 shares in the last quarter. Mariner LLC acquired a new position in BlueLinx in the fourth quarter valued at about $220,000. Bailard Inc. acquired a new stake in shares of BlueLinx during the fourth quarter worth about $245,000. Finally, Aristides Capital LLC bought a new position in shares of BlueLinx during the 4th quarter valued at about $277,000. Institutional investors own 90.83% of the company’s stock.

Analysts Set New Price Targets

BXC has been the subject of a number of research reports. StockNews.com cut BlueLinx from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. Benchmark cut their price target on BlueLinx from $135.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, February 21st. DA Davidson decreased their price objective on BlueLinx from $119.00 to $80.00 and set a “buy” rating for the company in a report on Thursday. Finally, Loop Capital cut their target price on BlueLinx from $120.00 to $115.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, BlueLinx presently has an average rating of “Moderate Buy” and a consensus target price of $112.50.

BlueLinx Price Performance

Shares of NYSE BXC opened at $63.93 on Friday. BlueLinx Holdings Inc. has a fifty-two week low of $63.55 and a fifty-two week high of $134.79. The stock has a market capitalization of $523.01 million, a price-to-earnings ratio of 10.41 and a beta of 1.82. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.85 and a quick ratio of 3.26. The business has a 50-day moving average of $75.54 and a 200-day moving average of $98.43.

BlueLinx (NYSE:BXC) last released its quarterly earnings data on Tuesday, February 18th. The construction company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $710.64 million during the quarter, compared to analyst estimates of $700.66 million. BlueLinx had a net margin of 1.80% and a return on equity of 7.50%.

About BlueLinx

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.