Caxton Associates LP purchased a new position in Louisiana-Pacific Co. (NYSE:LPX) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,900 shares of the construction company’s stock, valued at approximately $376,000.

Several other institutional investors have also made changes to their positions in LPX. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Louisiana-Pacific by 10.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,691 shares of the construction company’s stock worth $137,000 after acquiring an additional 539 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Louisiana-Pacific by 1.0% in the second quarter. Public Employees Retirement System of Ohio now owns 5,798 shares of the construction company’s stock worth $140,000 after acquiring an additional 56 shares in the last quarter. US Bancorp DE increased its holdings in shares of Louisiana-Pacific by 6.9% in the second quarter. US Bancorp DE now owns 6,169 shares of the construction company’s stock worth $149,000 after acquiring an additional 400 shares in the last quarter. Flinton Capital Management LLC increased its holdings in shares of Louisiana-Pacific by 76.1% in the second quarter. Flinton Capital Management LLC now owns 7,296 shares of the construction company’s stock worth $176,000 after acquiring an additional 3,152 shares in the last quarter. Finally, Riverhead Capital Management LLC increased its holdings in shares of Louisiana-Pacific by 78.0% in the second quarter. Riverhead Capital Management LLC now owns 8,187 shares of the construction company’s stock worth $197,000 after acquiring an additional 3,587 shares in the last quarter. Institutional investors own 93.14% of the company’s stock.

Louisiana-Pacific Co. (NYSE LPX) traded down $0.33 during mid-day trading on Friday, hitting $26.52. The stock had a trading volume of 1,810,000 shares, compared to its average volume of 1,804,889. The company has a quick ratio of 4.31, a current ratio of 5.25 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $3,889.85, a PE ratio of 14.59, a P/E/G ratio of 2.58 and a beta of 1.51. Louisiana-Pacific Co. has a 52 week low of $18.69 and a 52 week high of $29.44.

Louisiana-Pacific (NYSE:LPX) last posted its quarterly earnings data on Monday, November 6th. The construction company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.05). The firm had revenue of $718.30 million for the quarter, compared to analyst estimates of $731.47 million. Louisiana-Pacific had a return on equity of 20.27% and a net margin of 11.72%. The firm’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.32 earnings per share. sell-side analysts anticipate that Louisiana-Pacific Co. will post 2.08 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on LPX shares. Royal Bank of Canada restated a “buy” rating and issued a $37.00 price target on shares of Louisiana-Pacific in a report on Monday, September 25th. Vertical Research raised Louisiana-Pacific from a “hold” rating to a “buy” rating in a research report on Monday, November 6th. Stephens started coverage on Louisiana-Pacific in a research report on Tuesday, October 24th. They set an “equal weight” rating and a $30.00 price objective for the company. Zacks Investment Research cut Louisiana-Pacific from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Longbow Research reaffirmed a “neutral” rating on shares of Louisiana-Pacific in a research report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $29.67.

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Louisiana-Pacific Company Profile

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, which include North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America.

Institutional Ownership by Quarter for Louisiana-Pacific (NYSE:LPX)

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