Lumber Liquidators Holdings Inc (LL) : Advent International Corpma has sold out all of its stake in Lumber Liquidators Holdings Inc during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 54,000 shares of Lumber Liquidators Holdings Inc which is valued at $881,280.
Other Hedge Funds, Including , Susquehanna International Group Llp reduced its stake in LL by selling 180,746 shares or 25.25% in the most recent quarter. The Hedge Fund company now holds 535,011 shares of LL which is valued at $8,731,380. Lumber Liquidators Holdings Inc makes up approx 0.05% of Susquehanna International Group Llp’s portfolio. Citadel Advisors sold out all of its stake in LL during the most recent quarter. The investment firm sold 23,880 shares of LL which is valued $389,722. Boston Partners added LL to its portfolio by purchasing 399,060 company shares during the most recent quarter which is valued at $6,229,327. Lumber Liquidators Holdings Inc makes up approx 0.01% of Boston Partners’s portfolio.Convector Capital Management Lp reduced its stake in LL by selling 15,400 shares or 5.94% in the most recent quarter. The Hedge Fund company now holds 244,000 shares of LL which is valued at $3,808,840. Lumber Liquidators Holdings Inc makes up approx 4.99% of Convector Capital Management Lp’s portfolio.California Public Employees Retirement System boosted its stake in LL in the latest quarter, The investment management firm added 25,600 additional shares and now holds a total of 109,700 shares of Lumber Liquidators Holdings Inc which is valued at $1,712,417.
Lumber Liquidators Holdings Inc closed down -0.16 points or -1.02% at $15.6 with 5,60,741 shares getting traded on Thursday. Post opening the session at $15.75, the shares hit an intraday low of $15.35 and an intraday high of $15.78 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Lumber Liquidators Holdings Inc reported $-0.45 EPS for the quarter, missing the analyst consensus estimate by $ -0.21 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $-0.24. The company had revenue of $238.10 million for the quarter, compared to analysts expectations of $240.37 million. The company’s revenue was down -4.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.75 EPS.
Many Wall Street Analysts have commented on Lumber Liquidators Holdings Inc. Company shares were Reiterated by Wedbush on Jul 28, 2016 to “Neutral”, Firm has raised the Price Target to $ 15 from a previous price target of $13 .Topeka Capital Markets Initiated Lumber Liquidators Holdings Inc on May 24, 2016 to “Sell”, Price Target of the shares are set at $9.
Lumber Liquidators Holdings Inc. (Lumber Liquidators) is a retailer of hardwood flooring and hardwood flooring enhancements and accessories in North America. The Companys product categories include Solid and Engineered Hardwood; Laminate; Bamboo Cork and Vinyl Plank and Moldings and Accessories. The Company sells its products primarily to homeowners or to contractors on behalf of homeowners. The Company offers wood flooring under18 brand names led by Bellawood a collection of solid and engineered hardwood flooring bamboo flooring moldings and accessories. The Company also offers a range of flooring enhancements and installation accessories including moldings noise-reducing underlay and tools. It offers around 400 different flooring product stock-keeping units. As of February 23 2015 Lumber Liquidators operated around 354 stores located in 46 states of the United States and nine store locations in Canada.