Quantitative Investment Management LLC boosted its stake in shares of Lumber Liquidators Holdings, Inc (NYSE:LL) by 342.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 311,400 shares of the specialty retailer’s stock after purchasing an additional 241,000 shares during the period. Quantitative Investment Management LLC owned 1.10% of Lumber Liquidators Holdings worth $7,803,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Captrust Financial Advisors acquired a new position in Lumber Liquidators Holdings during the second quarter valued at approximately $118,000. State of Alaska Department of Revenue boosted its position in Lumber Liquidators Holdings by 79.7% during the second quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock valued at $140,000 after purchasing an additional 2,488 shares during the last quarter. Mason Street Advisors LLC boosted its position in Lumber Liquidators Holdings by 11.0% during the first quarter. Mason Street Advisors LLC now owns 6,606 shares of the specialty retailer’s stock valued at $139,000 after purchasing an additional 652 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its position in Lumber Liquidators Holdings by 6.7% during the second quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock valued at $167,000 after purchasing an additional 420 shares during the last quarter. Finally, First Mercantile Trust Co. acquired a new position in Lumber Liquidators Holdings during the second quarter valued at approximately $183,000. 77.32% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently commented on LL shares. Oppenheimer Holdings, Inc. set a $43.00 price target on Lumber Liquidators Holdings and gave the company a “buy” rating in a research report on Friday, August 18th. Zacks Investment Research raised Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research report on Wednesday, July 5th. TheStreet raised Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a research report on Tuesday, August 1st. ValuEngine raised Lumber Liquidators Holdings from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Stifel Nicolaus increased their price target on Lumber Liquidators Holdings from $20.00 to $33.00 and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $27.78.

Shares of Lumber Liquidators Holdings, Inc (NYSE LL) opened at 36.95 on Friday. The firm has a 50-day moving average price of $36.89 and a 200 day moving average price of $27.15. The company’s market cap is $1.05 billion. Lumber Liquidators Holdings, Inc has a 1-year low of $14.02 and a 1-year high of $41.33.

Lumber Liquidators Holdings (NYSE:LL) last announced its earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.24. Lumber Liquidators Holdings had a negative return on equity of 11.75% and a negative net margin of 4.58%. The firm had revenue of $263.50 million for the quarter, compared to the consensus estimate of $256.89 million. During the same quarter in the previous year, the business earned ($0.45) EPS. The company’s revenue was up 10.7% compared to the same quarter last year. On average, analysts predict that Lumber Liquidators Holdings, Inc will post ($0.69) EPS for the current fiscal year.

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Lumber Liquidators Holdings 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.

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

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