StockNews.com started coverage on shares of LL Flooring (NYSE:LL – Free Report) in a research report sent to investors on Friday morning. The brokerage issued a sell rating on the specialty retailer’s stock.
Separately, Loop Capital dropped their target price on shares of LL Flooring from $2.00 to $1.00 and set a hold rating for the company in a research report on Monday, July 1st.
Check Out Our Latest Stock Report on LL
LL Flooring Stock Up 0.5 %
Institutional Investors Weigh In On LL Flooring
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Board of Administration of Florida Retirement System acquired a new position in shares of LL Flooring during the 1st quarter valued at about $29,000. Jump Financial LLC raised its holdings in LL Flooring by 36.0% in the 4th quarter. Jump Financial LLC now owns 27,315 shares of the specialty retailer’s stock valued at $107,000 after buying an additional 7,228 shares during the period. Sierra Summit Advisors LLC purchased a new stake in LL Flooring during the fourth quarter worth about $266,000. Dynamic Technology Lab Private Ltd purchased a new stake in LL Flooring during the fourth quarter worth about $441,000. Finally, Alpine Global Management LLC increased its stake in shares of LL Flooring by 234.5% during the first quarter. Alpine Global Management LLC now owns 501,746 shares of the specialty retailer’s stock worth $918,000 after buying an additional 351,746 shares during the period. Institutional investors and hedge funds own 54.33% of the company’s stock.
About LL Flooring
LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.
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