Everence Capital Management Inc. purchased a new stake in Lumber Liquidators Holdings Inc (NYSE:LL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,530 shares of the specialty retailer’s stock, valued at approximately $116,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of LL. Comerica Bank boosted its holdings in Lumber Liquidators by 2.9% in the 1st quarter. Comerica Bank now owns 28,523 shares of the specialty retailer’s stock valued at $307,000 after purchasing an additional 803 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in Lumber Liquidators by 467.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,594 shares of the specialty retailer’s stock valued at $67,000 after purchasing an additional 5,431 shares in the last quarter. Virginia Retirement Systems ET AL boosted its holdings in Lumber Liquidators by 9.4% in the 1st quarter. Virginia Retirement Systems ET AL now owns 53,700 shares of the specialty retailer’s stock valued at $542,000 after purchasing an additional 4,600 shares in the last quarter. Thompson Investment Management Inc. boosted its holdings in Lumber Liquidators by 18.7% in the 1st quarter. Thompson Investment Management Inc. now owns 427,964 shares of the specialty retailer’s stock valued at $4,322,000 after purchasing an additional 67,368 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in shares of Lumber Liquidators by 203.6% during the 4th quarter. Deutsche Bank AG now owns 597,289 shares of the specialty retailer’s stock worth $5,684,000 after acquiring an additional 400,531 shares in the last quarter. 79.44% of the stock is currently owned by hedge funds and other institutional investors.
Several equities research analysts have recently commented on LL shares. Wedbush set a $11.00 price target on Lumber Liquidators and gave the stock a “hold” rating in a research note on Tuesday, March 19th. Zacks Investment Research upgraded Lumber Liquidators from a “hold” rating to a “strong-buy” rating and set a $13.00 price target for the company in a report on Wednesday, March 13th. Raymond James upgraded Lumber Liquidators from a “market perform” rating to an “outperform” rating and set a $16.00 price objective for the company in a report on Wednesday, May 1st. Morgan Stanley set a $10.00 price objective on Lumber Liquidators and gave the stock a “hold” rating in a report on Tuesday, March 19th. Finally, Evercore ISI started coverage on Lumber Liquidators in a report on Wednesday, March 20th. They set an “in-line” rating and a $10.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and one has issued a buy rating to the company’s stock. Lumber Liquidators currently has an average rating of “Hold” and a consensus target price of $13.55.
NYSE:LL traded down $0.01 during trading hours on Friday, reaching $10.49. 813,900 shares of the company’s stock were exchanged, compared to its average volume of 1,191,599. Lumber Liquidators Holdings Inc has a 12 month low of $8.81 and a 12 month high of $26.92. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.22 and a current ratio of 1.35. The stock has a market capitalization of $315.25 million, a price-to-earnings ratio of 18.40, a PEG ratio of 0.85 and a beta of 2.00.
Lumber Liquidators (NYSE:LL) last posted its quarterly earnings data on Tuesday, April 30th. The specialty retailer reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.03). Lumber Liquidators had a positive return on equity of 6.36% and a negative net margin of 5.26%. The firm had revenue of $266.20 million during the quarter, compared to analyst estimates of $268.08 million. During the same period in the prior year, the business posted ($0.07) EPS. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, sell-side analysts expect that Lumber Liquidators Holdings Inc will post 0.47 EPS for the current fiscal year.
In related news, insider Charles E. Tyson bought 4,000 shares of the business’s stock in a transaction on Thursday, May 30th. The stock was bought at an average price of $9.90 per share, for a total transaction of $39,600.00. Following the transaction, the insider now directly owns 15,644 shares in the company, valued at $154,875.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.10% of the stock is owned by corporate insiders.
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Lumber Liquidators Profile
Lumber Liquidators Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, waterproof vinyl plank, and porcelain tile; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools under the Bellawood brand.
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