Virtu KCG Holdings LLC Sells 13,708 Shares of Lumber Liquidators Holdings Inc (LL)

Virtu KCG Holdings LLC reduced its position in shares of Lumber Liquidators Holdings Inc (NYSE:LL) by 43.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,170 shares of the specialty retailer’s stock after selling 13,708 shares during the period. Virtu KCG Holdings LLC owned about 0.06% of Lumber Liquidators Holdings worth $455,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Captrust Financial Advisors bought a new stake in shares of Lumber Liquidators Holdings in the second quarter worth $118,000. State of Alaska Department of Revenue increased 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. Mason Street Advisors LLC increased its stake in shares of Lumber Liquidators Holdings by 11.0% in the first quarter. Mason Street Advisors LLC now owns 6,606 shares of the specialty retailer’s stock worth $139,000 after buying an additional 652 shares during the last quarter. Municipal Employees Retirement System of Michigan increased 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. Finally, First Mercantile Trust Co. bought a new stake in shares of Lumber Liquidators Holdings in the second quarter worth $183,000. 77.32% of the stock is currently owned by institutional investors and hedge funds.

Shares of Lumber Liquidators Holdings Inc (NYSE LL) opened at 34.81 on Friday. Lumber Liquidators Holdings Inc has a 1-year low of $14.02 and a 1-year high of $41.33. The company’s market cap is $989.09 million. The firm’s 50-day moving average is $37.56 and its 200 day moving average is $29.29.

Lumber Liquidators Holdings (NYSE:LL) last issued its earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 8.59% and a net margin of 1.70%. Lumber Liquidators Holdings’s revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the company posted ($0.45) earnings per share. Equities analysts expect that Lumber Liquidators Holdings Inc will post ($0.69) EPS for the current fiscal year.

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LL has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Wednesday, July 5th. Stifel Nicolaus lifted their price target on shares of Lumber Liquidators Holdings from $20.00 to $33.00 and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Oppenheimer Holdings, Inc. set a $34.00 price target on shares of Lumber Liquidators Holdings and gave the stock a “buy” rating in a research note on Wednesday, July 26th. Piper Jaffray Companies set a $32.00 price target on shares of Lumber Liquidators Holdings and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Finally, BidaskClub upgraded shares of Lumber Liquidators Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $29.89.

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.

Institutional Ownership by Quarter for Lumber Liquidators Holdings (NYSE:LL)

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