Lebenthal Lisanti Capital Growth LLC purchased a new position in shares of Lumber Liquidators Holdings, Inc (NYSE:LL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 50,565 shares of the specialty retailer’s stock, valued at approximately $1,267,000.

Several other hedge funds have also made changes to their positions in the stock. Great West Life Assurance Co. Can boosted its stake in shares of Lumber Liquidators Holdings by 5.9% in the second quarter. Great West Life Assurance Co. Can now owns 40,998 shares of the specialty retailer’s stock worth $1,027,000 after buying an additional 2,300 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in shares of Lumber Liquidators Holdings by 6.7% in the second quarter. Municipal Employees Retirement System of Michigan now owns 6,670 shares of the specialty retailer’s stock worth $167,000 after buying an additional 420 shares during the last quarter. Aperio Group LLC acquired a new stake in shares of Lumber Liquidators Holdings during the second quarter worth approximately $204,000. Louisiana State Employees Retirement System boosted its stake in shares of Lumber Liquidators Holdings by 0.9% in the second quarter. Louisiana State Employees Retirement System now owns 11,600 shares of the specialty retailer’s stock worth $291,000 after buying an additional 100 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of Lumber Liquidators Holdings by 79.7% in the second quarter. State of Alaska Department of Revenue now owns 5,608 shares of the specialty retailer’s stock worth $140,000 after buying an additional 2,488 shares during the last quarter. Institutional investors own 73.39% of the company’s stock.

Shares of Lumber Liquidators Holdings, Inc (LL) opened at 36.49 on Friday. The stock’s market capitalization is $1.04 billion. Lumber Liquidators Holdings, Inc has a 1-year low of $14.02 and a 1-year high of $36.98. The firm has a 50-day moving average of $25.51 and a 200 day moving average of $22.10.

Lumber Liquidators Holdings (NYSE:LL) last posted its quarterly earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.24. The business had revenue of $263.50 million during the quarter, compared to analyst estimates of $256.89 million. Lumber Liquidators Holdings had a negative net margin of 4.58% and a negative return on equity of 11.75%. The company’s revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.45) earnings per share. Analysts predict that Lumber Liquidators Holdings, Inc will post ($0.83) EPS for the current year.

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A number of brokerages recently commented on LL. TheStreet upgraded shares of Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a research note on Tuesday. Jefferies Group LLC restated a “hold” rating and set a $33.00 price target (up from $19.00) on shares of Lumber Liquidators Holdings in a research note on Wednesday. Wedbush upped their price target on shares of Lumber Liquidators Holdings from $27.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday. Stifel Nicolaus upped their price target on shares of Lumber Liquidators Holdings from $20.00 to $33.00 and gave the company a “hold” rating in a research note on Wednesday. Finally, Piper Jaffray Companies set a $32.00 price target on shares of Lumber Liquidators Holdings and gave the company a “hold” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $26.78.

About Lumber Liquidators Holdings

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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