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Channing Capital Management Llc Decreased John Bean Technologies (JBT) Stake By $39.01 Million; Boise Cascade Company (BCC) Covered By 1 Bulls

Channing Capital Management Llc decreased John Bean Technologies Corp (NYSE:JBT) stake by 66.96% reported in 2017Q4 SEC filing. Channing Capital Management Llc sold 354,629 shares as John Bean Technologies Corp (NYSE:JBT)’s stock declined 1.59%. The Channing Capital Management Llc holds 175,003 shares with $19.39 million value, down from 529,632 last quarter. John Bean Technologies Corp now has $3.57 billion valuation. The stock increased 0.31% or $0.35 during the last trading session, reaching $113. About 18,324 shares traded. John Bean Technologies Corporation (NYSE:JBT) has risen 40.52% since February 14, 2017 and is uptrending. It has outperformed by 23.82% the S&P500.

Among 6 analysts covering Boise Cascade (NYSE:BCC), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Boise Cascade had 18 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, July 19. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, October 26. The rating was downgraded by Bank of America on Monday, October 2 to “Hold”. Vertical Research downgraded the stock to “Hold” rating in Wednesday, October 4 report. On Thursday, April 13 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Buy” rating given on Tuesday, April 4 by Bank of America. The firm has “Buy” rating by Goldman Sachs given on Thursday, September 22. The stock of Boise Cascade Company (NYSE:BCC) earned “Buy” rating by DA Davidson on Friday, July 24. On Friday, September 15 the stock rating was initiated by Sidoti with “Buy”. The stock of Boise Cascade Company (NYSE:BCC) has “Neutral” rating given on Wednesday, January 24 by Bank of America. See Boise Cascade Company (NYSE:BCC) latest ratings:

25/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $36.0 Maintain
24/01/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $44 New Target: $46 Maintain
11/10/2017 Broker: BMO Capital Markets Rating: Hold New Target: $33.0 Maintain
04/10/2017 Broker: Vertical Research Old Rating: Buy New Rating: Hold Downgrade
03/10/2017 Broker: DA Davidson Old Rating: Buy New Rating: Neutral Downgrade
02/10/2017 Broker: Bank of America Rating: Hold New Target: $36.0 Downgrade
15/09/2017 Broker: Sidoti Rating: Buy New Target: $50.0 Initiate
07/09/2017 Broker: BMO Capital Markets Rating: Hold New Target: $33.0 Maintain

John Bean Technologies Corporation designs, makes, tests, installs, and services products and systems for the food and beverage, and air transportation industries. The company has market cap of $3.57 billion. The firm operates through JBT FoodTech and JBT AeroTech divisions. It has a 41.91 P/E ratio. It provides chilling, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, frying, freezing, and weighing solutions for poultry, beef, pork, and seafood, as well as ready-to-eat meals, fruits, vegetables, dairy, and bakery products; solutions to extract, concentrate, and aseptically process citrus, tomato, and other fruits, vegetables, and juices; and solutions for the filling, closing, and preservation of fruits, vegetables, soups, sauces, and dairy and pet food products, as well as ready-to-eat meals.

Among 10 analysts covering John Bean Technologies Corporation (NYSE:JBT), 7 have Buy rating, 1 Sell and 2 Hold. Therefore 70% are positive. John Bean Technologies Corporation had 15 analyst reports since April 19, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Friday, October 13 by Robert W. Baird. The firm has “Buy” rating given on Tuesday, February 28 by Sidoti. As per Thursday, January 18, the company rating was maintained by Wells Fargo. The stock of John Bean Technologies Corporation (NYSE:JBT) has “Outperform” rating given on Tuesday, April 19 by William Blair. CL King upgraded John Bean Technologies Corporation (NYSE:JBT) on Wednesday, April 12 to “Buy” rating. The stock has “Buy” rating by Robert W. Baird on Thursday, August 24. BB&T Capital initiated John Bean Technologies Corporation (NYSE:JBT) on Friday, June 17 with “Buy” rating. The rating was downgraded by Bank of America to “Underperform” on Friday, December 8. The firm earned “Outperform” rating on Wednesday, October 25 by Robert W. Baird. BMO Capital Markets maintained John Bean Technologies Corporation (NYSE:JBT) rating on Tuesday, April 11. BMO Capital Markets has “Outperform” rating and $105 target.

Channing Capital Management Llc is a Illinois-based institutional investor with more than $1.58 billion AUM in April, 2014. Taken from Channing Capital Management latest Adv, the fund reported to have 11 full and part-time employees. Among which 5 performing investment advisory and research functions. The institutional investor had between 26-100 clients.

Since August 18, 2017, it had 0 insider purchases, and 2 selling transactions for $1.04 million activity. Rattigan Megan J also sold $270,789 worth of John Bean Technologies Corporation (NYSE:JBT) shares. 10,000 shares were sold by Smith Steven R, worth $867,795. DEVINE CAROLINE MAURY sold $176,320 worth of stock.

Investors sentiment decreased to 1.4 in 2017 Q3. Its down 0.47, from 1.87 in 2017Q2. It dived, as 11 investors sold JBT shares while 62 reduced holdings. 21 funds opened positions while 81 raised stakes. 32.65 million shares or 5.07% more from 31.08 million shares in 2017Q2 were reported. Td Asset Management reported 36,056 shares. Foundry Prns Limited Liability invested 0.25% of its portfolio in John Bean Technologies Corporation (NYSE:JBT). Timpani Cap Mngmt Ltd Llc has invested 1.01% of its portfolio in John Bean Technologies Corporation (NYSE:JBT). 38,706 are held by Mutual Of America Capital Ltd Liability Com. Metropolitan Life Insurance Communications New York accumulated 0.01% or 21,259 shares. Natl Bank Of Montreal Can stated it has 0% in John Bean Technologies Corporation (NYSE:JBT). Hanseatic Svcs has invested 0.01% in John Bean Technologies Corporation (NYSE:JBT). Moreover, Prudential Financial has 0.01% invested in John Bean Technologies Corporation (NYSE:JBT). The Quebec – Canada-based Pub Sector Pension Inv Board has invested 0.01% in John Bean Technologies Corporation (NYSE:JBT). Northern Tru invested 0.01% in John Bean Technologies Corporation (NYSE:JBT). Driehaus Capital Mngmt Ltd Liability Corp owns 25,875 shares or 0.1% of their US portfolio. Qs Investors Ltd Limited Liability Company reported 6 shares stake. Voya Investment Management Lc holds 14,593 shares. Gamco Invsts Et Al stated it has 14,660 shares. 36,333 were accumulated by Putnam Investments.

Channing Capital Management Llc increased Banc Of California Inc (NYSE:BANC) stake by 564,190 shares to 2.91 million valued at $60.02M in 2017Q4. It also upped Artisan Partners Asset Managem (NYSE:APAM) stake by 284,025 shares and now owns 2.03M shares. Franklin Electric Co Inc (NASDAQ:FELE) was raised too.

Since September 12, 2017, it had 0 insider buys, and 1 sale for $557,309 activity. CARLILE THOMAS E sold $557,309 worth of stock or 17,552 shares.

Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. The company has market cap of $1.66 billion. The Company’s Wood Products segment makes laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and commercial flooring and roofing systems, and other structural applications; structural, appearance, and industrial plywood panels; and ponderosa pine lumber, studs, and particleboards. It has a 24.7 P/E ratio. This segmentÂ’s products are used primarily in new residential construction, residential repair-and-remodeling markets, and light commercial construction.

The stock increased 0.35% or $0.15 during the last trading session, reaching $43. About 87,846 shares traded. Boise Cascade Company (NYSE:BCC) has risen 24.71% since February 14, 2017 and is uptrending. It has outperformed by 8.01% the S&P500.

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