BlueLinx Holdings Inc. (NYSE:BXC) Shares Purchased by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC raised its holdings in shares of BlueLinx Holdings Inc. (NYSE:BXC) by 4.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,515 shares of the construction company’s stock after buying an additional 716 shares during the period. Oliver Luxxe Assets LLC owned about 0.19% of BlueLinx worth $1,585,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in BXC. The Manufacturers Life Insurance Company lifted its holdings in shares of BlueLinx by 3.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,380 shares of the construction company’s stock valued at $408,000 after acquiring an additional 129 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of BlueLinx by 59.1% during the third quarter. Public Employees Retirement System of Ohio now owns 377 shares of the construction company’s stock worth $40,000 after purchasing an additional 140 shares in the last quarter. FMR LLC lifted its stake in shares of BlueLinx by 10.5% during the third quarter. FMR LLC now owns 1,545 shares of the construction company’s stock worth $163,000 after purchasing an additional 147 shares in the last quarter. SkyView Investment Advisors LLC boosted its position in shares of BlueLinx by 2.1% in the third quarter. SkyView Investment Advisors LLC now owns 9,101 shares of the construction company’s stock worth $959,000 after buying an additional 190 shares during the period. Finally, Koss Olinger Consulting LLC grew its stake in shares of BlueLinx by 5.5% in the third quarter. Koss Olinger Consulting LLC now owns 4,967 shares of the construction company’s stock valued at $524,000 after buying an additional 260 shares in the last quarter. Institutional investors and hedge funds own 90.83% of the company’s stock.

BlueLinx Stock Down 0.4 %

NYSE:BXC traded down $0.37 on Monday, reaching $100.67. The stock had a trading volume of 25,814 shares, compared to its average volume of 37,478. The company has a 50-day moving average of $116.97 and a 200 day moving average of $107.42. The company has a current ratio of 4.58, a quick ratio of 3.26 and a debt-to-equity ratio of 0.88. The stock has a market cap of $843.72 million, a P/E ratio of 29.26 and a beta of 2.06. BlueLinx Holdings Inc. has a 12-month low of $87.67 and a 12-month high of $134.79.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised BlueLinx from a “hold” rating to a “buy” rating in a research report on Saturday, October 12th. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $135.67.

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.