Virtu Financial LLC Purchases Shares of 1,918 BlueLinx Holdings Inc. (NYSE:BXC)

Virtu Financial LLC purchased a new stake in BlueLinx Holdings Inc. (NYSE:BXC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,918 shares of the construction company’s stock, valued at approximately $217,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SummerHaven Investment Management LLC boosted its stake in shares of BlueLinx by 1.4% in the 4th quarter. SummerHaven Investment Management LLC now owns 7,617 shares of the construction company’s stock valued at $863,000 after purchasing an additional 102 shares in the last quarter. Raymond James & Associates boosted its stake in shares of BlueLinx by 4.6% in the 4th quarter. Raymond James & Associates now owns 2,616 shares of the construction company’s stock valued at $296,000 after purchasing an additional 116 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of BlueLinx by 4.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 3,751 shares of the construction company’s stock valued at $425,000 after purchasing an additional 156 shares in the last quarter. SkyView Investment Advisors LLC boosted its stake in shares of BlueLinx by 2.8% in the 3rd quarter. SkyView Investment Advisors LLC now owns 8,057 shares of the construction company’s stock valued at $661,000 after purchasing an additional 222 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of BlueLinx by 19.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,410 shares of the construction company’s stock valued at $160,000 after purchasing an additional 230 shares in the last quarter. Institutional investors own 90.83% of the company’s stock.

BlueLinx Stock Up 0.3 %

Shares of NYSE BXC opened at $96.19 on Friday. The firm’s 50-day simple moving average is $103.44 and its 200 day simple moving average is $111.78. The company has a market cap of $833.20 million, a price-to-earnings ratio of 18.05 and a beta of 1.86. The company has a quick ratio of 3.22, a current ratio of 4.71 and a debt-to-equity ratio of 0.88. BlueLinx Holdings Inc. has a 12-month low of $67.76 and a 12-month high of $132.67.

BlueLinx (NYSE:BXC) last issued its quarterly earnings results on Tuesday, April 30th. The construction company reported $1.93 earnings per share (EPS) for the quarter. BlueLinx had a net margin of 1.57% and a return on equity of 14.11%. The business had revenue of $726.24 million for the quarter.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Benchmark restated a “buy” rating and issued a $135.00 target price on shares of BlueLinx in a research note on Wednesday, May 29th. Craig Hallum reduced their price target on shares of BlueLinx from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Thursday, May 2nd.

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.