BlueLinx Holdings Inc. (NYSE:BXC) Stock Holdings Raised by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. grew its stake in BlueLinx Holdings Inc. (NYSE:BXC) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 138,552 shares of the construction company’s stock after purchasing an additional 1,359 shares during the quarter. BlueLinx makes up approximately 0.6% of Harbor Capital Advisors Inc.’s holdings, making the stock its 23rd biggest holding. Harbor Capital Advisors Inc.’s holdings in BlueLinx were worth $14,154,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Public Employees Retirement System of Ohio lifted its position 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 worth $40,000 after buying an additional 140 shares during the last quarter. nVerses Capital LLC increased its position in BlueLinx by 100.0% in the third quarter. nVerses Capital LLC now owns 600 shares of the construction company’s stock worth $63,000 after buying an additional 300 shares during the period. Meeder Asset Management Inc. bought a new stake in BlueLinx in the second quarter valued at $70,000. Quest Partners LLC boosted its holdings in shares of BlueLinx by 43.2% during the third quarter. Quest Partners LLC now owns 1,133 shares of the construction company’s stock valued at $119,000 after acquiring an additional 342 shares during the period. Finally, FMR LLC grew its position 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 acquiring an additional 147 shares during the last quarter. 90.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

BlueLinx Stock Performance

Shares of NYSE:BXC traded down $2.23 on Friday, hitting $95.42. The company’s stock had a trading volume of 14,215 shares, compared to its average volume of 46,827. BlueLinx Holdings Inc. has a 12 month low of $87.67 and a 12 month high of $134.79. The stock’s 50-day moving average is $116.20 and its two-hundred day moving average is $107.34. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.26 and a current ratio of 4.58. The company has a market capitalization of $799.72 million, a price-to-earnings ratio of 27.74 and a beta of 2.06.

BlueLinx 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.