Louisiana-Pacific Corp. (NYSE:LPX)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $20.00 and last traded at $19.73, with a volume of 874,213 shares traded. The stock had previously closed at $19.70.

A number of equities analysts have issued reports on LPX shares. Zacks Investment Research cut Louisiana-Pacific Corp. from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 13th. Dundee Securities upgraded Louisiana-Pacific Corp. from a “neutral” rating to a “buy” rating in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $18.44.

The company’s 50 day moving average price is $17.89 and its 200-day moving average price is $16.92. The company’s market cap is $2.94 billion.

Louisiana-Pacific Corp. (NYSE:LPX) last posted its quarterly earnings data on Monday, May 9th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.75. The business had revenue of $504.60 million for the quarter, compared to the consensus estimate of $513.81 million. During the same period in the prior year, the business posted ($0.13) EPS. Louisiana-Pacific Corp.’s quarterly revenue was up 7.1% on a year-over-year basis. Equities research analysts expect that Louisiana-Pacific Corp. will post $0.67 earnings per share for the current fiscal year.

In related news, CEO Curtis M. Stevens sold 116,100 shares of Louisiana-Pacific Corp. stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $18.49, for a total transaction of $2,146,689.00. Following the completion of the sale, the chief executive officer now owns 359,418 shares of the company’s stock, valued at $6,645,638.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Brian Eugene Luoma sold 10,792 shares of Louisiana-Pacific Corp. stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $18.53, for a total value of $199,975.76. Following the sale, the senior vice president now directly owns 74,534 shares of the company’s stock, valued at approximately $1,381,115.02. The disclosure for this sale can be found here.

Other large investors have bought and sold shares of the company. California State Teachers Retirement System raised its stake in Louisiana-Pacific Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 264,004 shares of the company’s stock valued at $4,755,000 after buying an additional 4,036 shares in the last quarter. South Dakota Investment Council raised its stake in Louisiana-Pacific Corp. by 16.8% in the fourth quarter. South Dakota Investment Council now owns 167,200 shares of the company’s stock valued at $3,011,000 after buying an additional 24,000 shares in the last quarter. Principal Financial Group Inc. raised its stake in Louisiana-Pacific Corp. by 2.9% in the fourth quarter. Principal Financial Group Inc. now owns 447,809 shares of the company’s stock valued at $8,065,000 after buying an additional 12,583 shares in the last quarter. California Public Employees Retirement System raised its stake in Louisiana-Pacific Corp. by 8.4% in the fourth quarter. California Public Employees Retirement System now owns 386,900 shares of the company’s stock valued at $6,968,000 after buying an additional 30,100 shares in the last quarter. Finally, Jennison Associates LLC raised its stake in Louisiana-Pacific Corp. by 14.7% in the fourth quarter. Jennison Associates LLC now owns 2,023,609 shares of the company’s stock valued at $36,445,000 after buying an additional 259,613 shares in the last quarter.

Louisiana-Pacific Corporation is a manufacturer of building products. The Company’s products are used in home construction, repair and remodeling, and outdoor structures. The Company operates in four segments: North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America.

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