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Illinois pension fund sells Boise Cascade shares as the company reports lower earnings.
Illinois Municipal Retirement Fund sold shares of Boise Cascade, reducing their stake by 4.8%, while Peregrine Capital Management increased its holdings.
Boise Cascade, which makes wood products and distributes building materials, recently reported lower-than-expected earnings.
The company's stock is rated "Hold" with a target price of $125.00.
Senior executives recently sold shares, and the company has financial metrics including a P/E ratio of 11.06 and a debt-to-equity ratio of 0.22.
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El fondo de pensiones de Illinois vende las acciones de Boise Cascade mientras la compañía reporta ganancias más bajas.