CI Global Investments Inc. trimmed its holdings in shares of Louisiana-Pacific Co. (NYSE:LPX) by 34.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,217 shares of the construction company’s stock after selling 6,400 shares during the period. CI Global Investments Inc.’s holdings in Louisiana-Pacific were worth $321,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. SeaCrest Wealth Management LLC acquired a new position in shares of Louisiana-Pacific during the 4th quarter worth about $343,000. Alambic Investment Management L.P. boosted its stake in shares of Louisiana-Pacific by 15.5% during the 4th quarter. Alambic Investment Management L.P. now owns 98,700 shares of the construction company’s stock worth $2,592,000 after buying an additional 13,250 shares during the last quarter. Engineers Gate Manager LP acquired a new position in shares of Louisiana-Pacific during the 4th quarter worth about $495,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Louisiana-Pacific by 43.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,172 shares of the construction company’s stock worth $215,000 after buying an additional 2,481 shares during the last quarter. Finally, APG Asset Management N.V. boosted its stake in shares of Louisiana-Pacific by 190.2% during the 4th quarter. APG Asset Management N.V. now owns 1,553,100 shares of the construction company’s stock worth $33,964,000 after buying an additional 1,017,900 shares during the last quarter. Institutional investors own 93.58% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Louisiana-Pacific from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 10th. Vertical Research upgraded shares of Louisiana-Pacific from a “hold” rating to a “buy” rating in a research note on Monday, November 6th. Bank of America upgraded shares of Louisiana-Pacific from an “underperform” rating to a “neutral” rating in a research note on Wednesday, January 24th. Royal Bank of Canada reiterated a “buy” rating and issued a $37.00 target price on shares of Louisiana-Pacific in a research note on Monday, October 30th. Finally, Stephens set a $31.00 target price on shares of Louisiana-Pacific and gave the company a “hold” rating in a research note on Wednesday, January 10th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $29.50.

Shares of Louisiana-Pacific Co. (NYSE:LPX) opened at $28.75 on Monday. Louisiana-Pacific Co. has a one year low of $19.24 and a one year high of $31.07. The stock has a market cap of $4,170.00, a PE ratio of 13.89, a P/E/G ratio of 2.89 and a beta of 1.62. The company has a quick ratio of 4.31, a current ratio of 5.25 and a debt-to-equity ratio of 0.24.

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Louisiana-Pacific Company Profile

Louisiana-Pacific Corporation is a manufacturer of building products. The Company’s products are used in home construction, repair and remodeling, and outdoor structures. The Company operates in four segments, which include North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America.

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Institutional Ownership by Quarter for Louisiana-Pacific (NYSE:LPX)

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