Gilder Gagnon Howe & Co. LLC Has $48.54 Million Position in Lumber Liquidators Holdings Inc (LL)
Gilder Gagnon Howe & Co. LLC lowered its holdings in Lumber Liquidators Holdings Inc (NYSE:LL) by 0.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,546,304 shares of the specialty retailer’s stock after selling 10,659 shares during the period. Gilder Gagnon Howe & Co. LLC owned about 0.05% of Lumber Liquidators worth $48,538,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of LL. Strs Ohio bought a new position in Lumber Liquidators during the 4th quarter worth approximately $872,000. Fox Run Management L.L.C. bought a new position in Lumber Liquidators during the 4th quarter worth approximately $499,000. Creative Planning lifted its holdings in Lumber Liquidators by 53.8% during the 4th quarter. Creative Planning now owns 18,505 shares of the specialty retailer’s stock worth $581,000 after buying an additional 6,474 shares during the last quarter. Piedmont Investment Advisors LLC bought a new position in Lumber Liquidators during the 3rd quarter worth approximately $241,000. Finally, Engineers Gate Manager LP bought a new position in Lumber Liquidators during the 3rd quarter worth approximately $1,860,000. 79.00% of the stock is owned by hedge funds and other institutional investors.
A number of analysts have recently weighed in on LL shares. Zacks Investment Research cut Lumber Liquidators from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Oppenheimer set a $43.00 target price on Lumber Liquidators and gave the company a “buy” rating in a research report on Tuesday, October 31st. TheStreet cut Lumber Liquidators from a “c” rating to a “d+” rating in a research report on Thursday, November 2nd. Wedbush set a $39.00 target price on Lumber Liquidators and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, Moffett Nathanson assumed coverage on Lumber Liquidators in a research report on Monday, December 4th. They issued a “buy” rating on the stock. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.89.
Lumber Liquidators (NYSE:LL) last issued its quarterly earnings results on Tuesday, October 31st. The specialty retailer reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.04. Lumber Liquidators had a negative return on equity of 2.39% and a negative net margin of 4.57%. The company had revenue of $257.19 million for the quarter, compared to analysts’ expectations of $261.59 million. sell-side analysts predict that Lumber Liquidators Holdings Inc will post -1.33 EPS for the current year.
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About Lumber Liquidators
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.
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