Are Stock Building Supply Holdings (NASDAQ:STCK) Shares Reaching An Inflection Point; Robert W. Baird Decides to Upgrades Company


Stock Building Supply Holdings (NASDAQ:STCK) Stock Upgrade

Trading for shares of Stock Building Supply Holdings (NASDAQ:STCK) should be followed closely this week, as Robert W. Baird raised shares to a Outperform from a Neutral. Additionally analysts have announced a new TP of $22 which is 42.21% higher.

The stock closed the day at $15.47 during the previous session. It is down 18.19% since May 15, 2015 and is downtrending. It has underperformed by 14.38% the S&P500.

The overall sentiment of institutions has decreased to 1.29 in Q2 2015. Its down 0.26, from 1.55 in 2015Q2. The ratio dropped, as 6 institutions have sold all the shares of BMC Stock Holdings Inc that they owned while 25 funds have taken shares off the table. 9 funds have purchased shares for the first time while 31 added to their positions. These institutions now hold 15.12 million shares or 0.28% less than the 15.16 million shares they owned in 2015Q2.

The Fund Kdi Capital Partners Llc currently is holding shares equating to 7.47% of its total portfolio in BMC Stock Holdings Inc representing a total of 1.46 million shares. Another fund,Ack Asset Management Llc, is holding a total of 755,400 shares equating to 5.57% of their holdings. Additionally, Odey Asset Management Group Ltd has a 2.35 million share stake in BMC Stock Holdings Inc which represents 3.28% of their total portfolio. The Fund, Scholtz & Company Llc, based out of Connecticut, has also built up a stake in the stock, which represents a total of 2.11% of their total portfolio. Finally Skyline Asset Management Lp, a fund which is based in the state of Illinois reported a total holdings of 960,320 shares.

BMC Stock Holdings, Inc., formerly Stock Building Supply Holdings, Inc. is a diversified lumber and building materials distributor and solutions well-known provider that sells to construction and repair and remodeling contractors. The company has a market cap of $1.01 billion. The Firm operates through two divisions: Geographic divisions and Coleman Floor. It has 30.41 P/E ratio. The Geographic divisions segment includes East and West divisions.

According to Zacks Investment Research, “BMC Stock Holdings Inc provides diversified building products and services to professional builders and contractors primarily in the residential housing market. The Company’s portfolio of products and services spans building materials includes millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management and eBusiness platform. BMC Stock Holdings, Inc., formerly known as Stock Building Supply Holdings, is headquartered in Raleigh, North Carolina.”