Empowered Funds LLC Sells 20,156 Shares of BlueLinx Holdings Inc. (NYSE:BXC)

Empowered Funds LLC reduced its position in shares of BlueLinx Holdings Inc. (NYSE:BXC - Free Report) by 29.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,254 shares of the construction company's stock after selling 20,156 shares during the period. Empowered Funds LLC owned 0.56% of BlueLinx worth $4,827,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BXC. Victory Capital Management Inc. boosted its holdings in shares of BlueLinx by 600.3% during the third quarter. Victory Capital Management Inc. now owns 218,685 shares of the construction company's stock worth $23,054,000 after purchasing an additional 187,456 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in shares of BlueLinx by 151.6% during the third quarter. Harbor Capital Advisors Inc. now owns 137,193 shares of the construction company's stock worth $14,463,000 after purchasing an additional 82,657 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of BlueLinx by 28.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 167,178 shares of the construction company's stock worth $17,624,000 after purchasing an additional 36,968 shares during the period. Meros Investment Management LP boosted its holdings in shares of BlueLinx by 54.5% during the third quarter. Meros Investment Management LP now owns 60,799 shares of the construction company's stock worth $6,409,000 after purchasing an additional 21,455 shares during the period. Finally, Mill Road Capital Management LLC boosted its holdings in shares of BlueLinx by 10.1% during the third quarter. Mill Road Capital Management LLC now owns 142,297 shares of the construction company's stock worth $15,001,000 after purchasing an additional 13,023 shares during the period. 90.83% of the stock is currently owned by hedge funds and other institutional investors.

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BlueLinx Trading Up 0.3 %

BXC stock traded up $0.30 during trading on Friday, reaching $101.85. The company had a trading volume of 39,718 shares, compared to its average volume of 60,198. BlueLinx Holdings Inc. has a 52 week low of $87.67 and a 52 week high of $134.79. The company has a market cap of $853.53 million, a P/E ratio of 29.61 and a beta of 2.04. The business has a 50 day moving average of $107.11 and a 200 day moving average of $108.01. The company has a debt-to-equity ratio of 0.88, a current ratio of 4.58 and a quick ratio of 3.26.

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.