Jane Street Group LLC Takes $280,000 Position in Lumber Liquidators Holdings Inc (LL)

Jane Street Group LLC bought a new position in Lumber Liquidators Holdings Inc (NYSE:LL) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 29,427 shares of the specialty retailer’s stock, valued at approximately $280,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Principal Financial Group Inc. increased its stake in shares of Lumber Liquidators by 0.7% in the 4th quarter. Principal Financial Group Inc. now owns 232,355 shares of the specialty retailer’s stock worth $2,212,000 after acquiring an additional 1,517 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of Lumber Liquidators by 3.1% in the 4th quarter. California Public Employees Retirement System now owns 62,460 shares of the specialty retailer’s stock worth $595,000 after acquiring an additional 1,884 shares during the last quarter. Arizona State Retirement System increased its stake in shares of Lumber Liquidators by 6.1% in the 4th quarter. Arizona State Retirement System now owns 44,074 shares of the specialty retailer’s stock worth $420,000 after acquiring an additional 2,552 shares during the last quarter. Legal & General Group Plc increased its stake in shares of Lumber Liquidators by 8.7% in the 3rd quarter. Legal & General Group Plc now owns 65,521 shares of the specialty retailer’s stock worth $1,020,000 after acquiring an additional 5,236 shares during the last quarter. Finally, Next Capital Management LLC acquired a new stake in shares of Lumber Liquidators in the 4th quarter worth $56,000. 79.84% of the stock is owned by institutional investors and hedge funds.

LL has been the subject of a number of recent research reports. Loop Capital downgraded Lumber Liquidators from a “buy” rating to a “hold” rating and cut their target price for the stock from $24.00 to $10.00 in a research note on Thursday, January 3rd. Wedbush set a $11.00 price target on Lumber Liquidators and gave the stock a “hold” rating in a report on Tuesday, March 19th. Zacks Investment Research upgraded Lumber Liquidators from a “hold” rating to a “strong-buy” rating and set a $13.00 price target for the company in a report on Wednesday, March 13th. ValuEngine cut Lumber Liquidators from a “sell” rating to a “strong sell” rating in a report on Monday, February 4th. Finally, SunTrust Banks reiterated a “hold” rating and set a $10.00 price target on shares of Lumber Liquidators in a report on Monday, January 7th. One analyst has rated the stock with a sell rating and fourteen have given a hold rating to the stock. Lumber Liquidators has a consensus rating of “Hold” and an average price target of $13.30.

NYSE LL opened at $11.27 on Tuesday. The firm has a market cap of $314.36 million, a PE ratio of 22.37, a price-to-earnings-growth ratio of 0.80 and a beta of 1.71. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.51 and a quick ratio of 0.20. Lumber Liquidators Holdings Inc has a twelve month low of $8.81 and a twelve month high of $26.92.

Lumber Liquidators (NYSE:LL) last released its quarterly earnings results on Monday, March 18th. The specialty retailer reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The business had revenue of $268.90 million during the quarter, compared to analysts’ expectations of $272.59 million. Lumber Liquidators had a positive return on equity of 7.50% and a negative net margin of 5.01%. The company’s revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 EPS. As a group, equities analysts expect that Lumber Liquidators Holdings Inc will post 0.5 earnings per share for the current year.

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Lumber Liquidators Company Profile

Lumber Liquidators Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, waterproof vinyl plank, and porcelain tile; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools under the Bellawood brand.

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Institutional Ownership by Quarter for Lumber Liquidators (NYSE:LL)

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