California Public Employees Retirement System trimmed its holdings in Lumber Liquidators Holdings Inc (NYSE:LL) by 2.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,014 shares of the specialty retailer’s stock after selling 2,786 shares during the period. California Public Employees Retirement System owned 0.38% of Lumber Liquidators worth $4,171,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LL. FMR LLC acquired a new position in Lumber Liquidators during the second quarter valued at approximately $10,906,000. PDT Partners LLC raised its position in Lumber Liquidators by 431.1% during the second quarter. PDT Partners LLC now owns 412,000 shares of the specialty retailer’s stock valued at $10,325,000 after purchasing an additional 334,420 shares in the last quarter. Columbus Circle Investors raised its position in Lumber Liquidators by 184.8% during the third quarter. Columbus Circle Investors now owns 404,804 shares of the specialty retailer’s stock valued at $15,779,000 after purchasing an additional 262,673 shares in the last quarter. Quantitative Investment Management LLC raised its position in Lumber Liquidators by 342.3% during the second quarter. Quantitative Investment Management LLC now owns 311,400 shares of the specialty retailer’s stock valued at $7,803,000 after purchasing an additional 241,000 shares in the last quarter. Finally, Chartwell Investment Partners LLC raised its position in Lumber Liquidators by 269.9% during the third quarter. Chartwell Investment Partners LLC now owns 292,262 shares of the specialty retailer’s stock valued at $11,392,000 after purchasing an additional 213,251 shares in the last quarter. Institutional investors own 78.86% of the company’s stock.

Several research analysts have commented on LL shares. Piper Jaffray Companies set a $32.00 price objective on shares of Lumber Liquidators and gave the company a “hold” rating in a research report on Wednesday, October 25th. Wedbush upped their price target on shares of Lumber Liquidators from $35.00 to $39.00 and gave the stock an “outperform” rating in a report on Wednesday, October 11th. Morgan Stanley upped their price target on shares of Lumber Liquidators from $32.00 to $35.00 and gave the stock an “equal weight” rating in a report on Monday, October 2nd. TheStreet downgraded shares of Lumber Liquidators from a “c” rating to a “d+” rating in a report on Thursday, November 2nd. Finally, Zacks Investment Research downgraded shares of Lumber Liquidators from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $30.89.

Lumber Liquidators Holdings Inc (NYSE LL) opened at $31.25 on Thursday. The stock has a market cap of $890.16, a price-to-earnings ratio of -19.05, a PEG ratio of 1.43 and a beta of 2.05. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.21 and a current ratio of 1.84. Lumber Liquidators Holdings Inc has a 1-year low of $14.99 and a 1-year high of $41.33.

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Lumber Liquidators Company 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 (NYSE:LL)

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