First Mercantile Trust Co. Reduces Holdings in Lumber Liquidators Holdings Inc (LL)

First Mercantile Trust Co. reduced its position in Lumber Liquidators Holdings Inc (NYSE:LL) by 68.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,382 shares of the specialty retailer’s stock after selling 9,654 shares during the period. First Mercantile Trust Co.’s holdings in Lumber Liquidators were worth $138,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. SG Americas Securities LLC acquired a new position in shares of Lumber Liquidators during the 3rd quarter valued at about $161,000. Crossmark Global Holdings Inc. acquired a new position in shares of Lumber Liquidators during the 3rd quarter valued at about $218,000. Piedmont Investment Advisors LLC acquired a new position in shares of Lumber Liquidators during the 3rd quarter valued at about $241,000. Chicago Equity Partners LLC acquired a new position in shares of Lumber Liquidators during the 3rd quarter valued at about $381,000. Finally, Verition Fund Management LLC acquired a new position in shares of Lumber Liquidators during the 2nd quarter valued at about $251,000. 78.37% of the stock is currently owned by institutional investors.

A number of research analysts have recently commented on the company. Zacks Investment Research lowered Lumber Liquidators from a “buy” rating to a “hold” rating in a report on Thursday. Wedbush lowered Lumber Liquidators from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $39.00 to $28.00 in a report on Monday. Piper Jaffray Companies set a $32.00 target price on Lumber Liquidators and gave the company a “hold” rating in a report on Wednesday, October 25th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $33.00 target price on shares of Lumber Liquidators in a report on Wednesday, November 1st. Finally, Oppenheimer reaffirmed a “buy” rating on shares of Lumber Liquidators in a report on Wednesday, October 25th. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $29.67.

Shares of Lumber Liquidators Holdings Inc (NYSE LL) opened at $24.52 on Friday. The stock has a market capitalization of $698.46, a P/E ratio of -14.95, a price-to-earnings-growth ratio of 1.03 and a beta of 1.81. The company has a quick ratio of 0.21, a current ratio of 1.84 and a debt-to-equity ratio of 0.17. Lumber Liquidators Holdings Inc has a fifty-two week low of $15.25 and a fifty-two week high of $41.33.

ILLEGAL ACTIVITY WARNING: This piece of content was reported by BBNS and is the property of of BBNS. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://baseballnewssource.com/markets/first-mercantile-trust-co-reduces-holdings-in-lumber-liquidators-holdings-inc-ll/1885538.html.

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).

Institutional Ownership by Quarter for Lumber Liquidators (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.

 


Latest News

Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Giants Will Retire No. 25 of Barry Bonds in August
Giants Will Retire No. 25 of Barry Bonds in August


Leave a Reply

 
© 2006-2018 BBNS.