Gagnon Advisors buys $4,486,399 stake in Lumber Liquidators Holdings Inc (LL)

Lumber Liquidators Holdings Inc (LL) : Gagnon Advisors scooped up 169,107 additional shares in Lumber Liquidators Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 331,589 shares of Lumber Liquidators Holdings Inc which is valued at $4,486,399.Lumber Liquidators Holdings Inc makes up approximately 4.09% of Gagnon Advisors’s portfolio.

Other Hedge Funds, Including , Gilder Gagnon Howe Co reduced its stake in LL by selling 339,263 shares or 93.95% in the most recent quarter. The Hedge Fund company now holds 21,846 shares of LL which is valued at $295,576. Lumber Liquidators Holdings Inc makes up approx 0.01% of Gilder Gagnon Howe Co’s portfolio.Commonwealth Equity Services Inc reduced its stake in LL by selling 97 shares or 0.62% in the most recent quarter. The Hedge Fund company now holds 15,611 shares of LL which is valued at $232,760. Nelson Van Denburg Campbell Wealth Management Group added LL to its portfolio by purchasing 700 company shares during the most recent quarter which is valued at $10,437.Texas Permanent School Fund reduced its stake in LL by selling 792 shares or 3.53% in the most recent quarter. The Hedge Fund company now holds 21,669 shares of LL which is valued at $323,085.Bnp Paribas Arbitrage Sa boosted its stake in LL in the latest quarter, The investment management firm added 1,263 additional shares and now holds a total of 4,068 shares of Lumber Liquidators Holdings Inc which is valued at $61,183.

Lumber Liquidators Holdings Inc closed down -1.06 points or -7.88% at $12.39 with 58,43,802 shares getting traded on Tuesday. Post opening the session at $11.1, the shares hit an intraday low of $11.07 and an intraday high of $13.18 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Lumber Liquidators Holdings Inc reported $-1.20 EPS for the quarter, missing the analyst consensus estimate by $ -0.97 based on the information available during the earnings call on May 10, 2016. Analyst had a consensus of $-0.23. The company had revenue of $233.50 million for the quarter, compared to analysts expectations of $237.39 million. The company’s revenue was down -10.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.29 EPS.

Many Wall Street Analysts have commented on Lumber Liquidators Holdings Inc. Shares were Reiterated by Wedbush on Mar 1, 2016 to “Neutral” and Lowered the Price Target to $ 13 from a previous price target of $15 .

Lumber Liquidators Holdings Inc. (Lumber Liquidators) is a retailer of hardwood flooring and hardwood flooring enhancements and accessories in North America. The Company’s product categories include Solid and Engineered Hardwood; Laminate; Bamboo Cork and Vinyl Plank and Moldings and Accessories. The Company sells its products primarily to homeowners or to contractors on behalf of homeowners. The Company offers wood flooring under18 brand names led by Bellawood a collection of solid and engineered hardwood flooring bamboo flooring moldings and accessories. The Company also offers a range of flooring enhancements and installation accessories including moldings noise-reducing underlay and tools. It offers around 400 different flooring product stock-keeping units. As of February 23 2015 Lumber Liquidators operated around 354 stores located in 46 states of the United States and nine store locations in Canada.

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