Disciplined Growth Investors Inc. MN Reduces Position in Lumber Liquidators Holdings Inc (LL)

Disciplined Growth Investors Inc. MN reduced its position in shares of Lumber Liquidators Holdings Inc (NYSE:LL) by 5.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 248,566 shares of the specialty retailer’s stock after selling 15,325 shares during the period. Disciplined Growth Investors Inc. MN owned about 0.87% of Lumber Liquidators worth $9,689,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Louisiana State Employees Retirement System increased its position in Lumber Liquidators 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 period. Texas Permanent School Fund increased its position in Lumber Liquidators by 1.3% in the second quarter. Texas Permanent School Fund now owns 20,723 shares of the specialty retailer’s stock worth $519,000 after buying an additional 270 shares during the period. Municipal Employees Retirement System of Michigan increased its position in Lumber Liquidators 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 period. Nationwide Fund Advisors increased its position in Lumber Liquidators by 3.9% in the second quarter. Nationwide Fund Advisors now owns 15,708 shares of the specialty retailer’s stock worth $394,000 after buying an additional 590 shares during the period. Finally, Voya Investment Management LLC increased its position in Lumber Liquidators by 8.6% in the second quarter. Voya Investment Management LLC now owns 12,770 shares of the specialty retailer’s stock worth $320,000 after buying an additional 1,009 shares during the period. 79.29% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have weighed in on the company. Moffett Nathanson assumed coverage on Lumber Liquidators in a research report on Monday, December 4th. They issued a “buy” rating on the stock. TheStreet lowered Lumber Liquidators from a “c” rating to a “d+” rating in a research report on Thursday, November 2nd. Zacks Investment Research lowered Lumber Liquidators from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $33.00 target price on shares of Lumber Liquidators in a research report on Wednesday, November 1st. Finally, Piper Jaffray Companies set a $34.00 target price on Lumber Liquidators and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Lumber Liquidators currently has an average rating of “Hold” and an average price target of $30.78.

Shares of Lumber Liquidators Holdings Inc (NYSE LL) traded down $0.24 on Tuesday, hitting $30.17. The stock had a trading volume of 181,259 shares, compared to its average volume of 1,128,759. The company has a current ratio of 1.84, a quick ratio of 0.21 and a debt-to-equity ratio of 0.17. Lumber Liquidators Holdings Inc has a 52 week low of $14.99 and a 52 week 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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