Piedmont Investment Advisors LLC bought a new stake in shares of Lumber Liquidators Holdings Inc (NYSE:LL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,189 shares of the specialty retailer’s stock, valued at approximately $241,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Advisory Group LLC acquired a new position in Lumber Liquidators during the second quarter valued at $307,000. State Board of Administration of Florida Retirement System raised its position in shares of Lumber Liquidators by 18.4% in the third quarter. State Board of Administration of Florida Retirement System now owns 25,220 shares of the specialty retailer’s stock worth $983,000 after acquiring an additional 3,926 shares during the period. EAM Investors LLC acquired a new position in shares of Lumber Liquidators in the second quarter worth about $3,047,000. Teachers Advisors LLC raised its position in shares of Lumber Liquidators by 11.5% in the second quarter. Teachers Advisors LLC now owns 51,125 shares of the specialty retailer’s stock worth $1,281,000 after acquiring an additional 5,273 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of Lumber Liquidators by 28.5% in the second quarter. Ameriprise Financial Inc. now owns 192,386 shares of the specialty retailer’s stock worth $4,821,000 after acquiring an additional 42,684 shares during the period. Institutional investors own 79.29% of the company’s stock.

Lumber Liquidators Holdings Inc (NYSE:LL) opened at $29.48 on Monday. Lumber Liquidators Holdings Inc has a 1 year low of $14.99 and a 1 year high of $41.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.21 and a current ratio of 1.84.

A number of brokerages have weighed in on LL. Moffett Nathanson began coverage on shares of Lumber Liquidators in a research report on Monday, December 4th. They issued a “buy” rating for the company. TheStreet downgraded shares of Lumber Liquidators from a “c” rating to a “d+” rating in a research report on Thursday, November 2nd. Zacks Investment Research downgraded shares of Lumber Liquidators from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Stifel Nicolaus reiterated a “hold” rating and issued a $33.00 price objective on shares of Lumber Liquidators in a research report on Wednesday, November 1st. Finally, Piper Jaffray Companies set a $34.00 price objective on shares of Lumber Liquidators and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Eight research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $30.78.

ILLEGAL ACTIVITY NOTICE: This report was first published by Watch List News and is the property of of Watch List News. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this report can be viewed at https://www.watchlistnews.com/piedmont-investment-advisors-llc-invests-241000-in-lumber-liquidators-holdings-inc-ll-stock/1771244.html.

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.

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 Analyst Ratings Network's FREE daily email newsletter.