Geode Capital Management LLC boosted its holdings in shares of Lumber Liquidators Holdings Inc (NYSE:LL) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 234,142 shares of the specialty retailer’s stock after purchasing an additional 2,333 shares during the quarter. Geode Capital Management LLC’s holdings in Lumber Liquidators were worth $7,349,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp lifted its position in shares of Lumber Liquidators by 1.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 338,853 shares of the specialty retailer’s stock worth $13,208,000 after acquiring an additional 5,624 shares during the period. SG Americas Securities LLC bought a new stake in shares of Lumber Liquidators in the 3rd quarter worth approximately $161,000. Ameriprise Financial Inc. lifted its position in shares of Lumber Liquidators by 6.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 204,938 shares of the specialty retailer’s stock worth $7,987,000 after acquiring an additional 12,552 shares during the period. Wells Fargo & Company MN lifted its position in shares of Lumber Liquidators by 29.5% in the 3rd quarter. Wells Fargo & Company MN now owns 28,438 shares of the specialty retailer’s stock worth $1,109,000 after acquiring an additional 6,481 shares during the period. Finally, Piedmont Investment Advisors LLC bought a new stake in shares of Lumber Liquidators in the 3rd quarter worth approximately $241,000. Hedge funds and other institutional investors own 78.50% of the company’s stock.
Lumber Liquidators stock opened at $22.54 on Friday. The company has a quick ratio of 0.20, a current ratio of 1.67 and a debt-to-equity ratio of 0.08. The company has a market cap of $650.15, a P/E ratio of -16.95, a P/E/G ratio of 1.22 and a beta of 1.74. Lumber Liquidators Holdings Inc has a one year low of $19.46 and a one year high of $41.33.
A number of analysts have commented on LL shares. Zacks Investment Research upgraded Lumber Liquidators from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Wednesday, January 3rd. Wedbush downgraded Lumber Liquidators from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $39.00 to $28.00 in a research report on Monday, February 12th. Stifel Nicolaus restated a “hold” rating and set a $25.00 target price (down previously from $33.00) on shares of Lumber Liquidators in a research report on Wednesday, February 28th. Credit Suisse Group cut their target price on Lumber Liquidators from $26.00 to $20.00 and set a “neutral” rating for the company in a research report on Wednesday, February 28th. Finally, Morgan Stanley cut their target price on Lumber Liquidators from $35.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 28th. Ten analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $26.00.
Lumber Liquidators Company Profile
Lumber Liquidators Holdings, Inc is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services.
Want to see what other hedge funds are holding LL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lumber Liquidators Holdings Inc (NYSE:LL).
Receive News & Ratings for Lumber Liquidators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lumber Liquidators and related companies with MarketBeat.com's FREE daily email newsletter.