Louisiana-Pacific Corporation (NYSE:LPX) insider Rebecca Anne Barckley sold 5,128 shares of the business’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $27.00, for a total transaction of $138,456.00. Following the completion of the sale, the insider now owns 7,305 shares in the company, valued at approximately $197,235. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Louisiana-Pacific Corporation (NYSE:LPX) traded up 0.26% on Friday, hitting $26.86. 2,838,816 shares of the stock were exchanged. The firm has a market cap of $3.89 billion, a PE ratio of 15.30 and a beta of 1.27. The stock’s 50 day moving average price is $24.98 and its 200 day moving average price is $24.53. Louisiana-Pacific Corporation has a 52-week low of $17.08 and a 52-week high of $27.75.

Louisiana-Pacific Corporation (NYSE:LPX) last issued its quarterly earnings data on Tuesday, August 1st. The construction company reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.03). The business had revenue of $694.00 million for the quarter, compared to analyst estimates of $700.73 million. Louisiana-Pacific Corporation had a return on equity of 17.13% and a net margin of 10.50%. The firm’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.28 earnings per share. Equities research analysts forecast that Louisiana-Pacific Corporation will post $1.98 earnings per share for the current year.

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Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada restated a “buy” rating and issued a $32.00 price target on shares of Louisiana-Pacific Corporation in a research report on Wednesday, September 6th. BMO Capital Markets reiterated a “hold” rating and set a $22.00 price objective on shares of Louisiana-Pacific Corporation in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of Louisiana-Pacific Corporation from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a research report on Thursday, August 3rd. BidaskClub upgraded shares of Louisiana-Pacific Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Finally, ValuEngine upgraded shares of Louisiana-Pacific Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, May 25th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $27.00.

Several large investors have recently modified their holdings of the stock. WFG Advisors LP increased its position in shares of Louisiana-Pacific Corporation by 12.0% during the 2nd quarter. WFG Advisors LP now owns 13,950 shares of the construction company’s stock worth $336,000 after purchasing an additional 1,500 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its position in shares of Louisiana-Pacific Corporation by 85.9% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 25,598 shares of the construction company’s stock worth $617,000 after purchasing an additional 11,825 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Louisiana-Pacific Corporation by 1.0% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,798 shares of the construction company’s stock worth $140,000 after purchasing an additional 56 shares during the last quarter. BW Gestao de Investimentos Ltda. acquired a new stake in shares of Louisiana-Pacific Corporation during the 2nd quarter worth about $8,439,000. Finally, Sterling Capital Management LLC increased its position in shares of Louisiana-Pacific Corporation by 9.5% during the 2nd quarter. Sterling Capital Management LLC now owns 35,940 shares of the construction company’s stock worth $867,000 after purchasing an additional 3,104 shares during the last quarter. 91.12% of the stock is owned by hedge funds and other institutional investors.

About Louisiana-Pacific Corporation

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.

Insider Buying and Selling by Quarter for Louisiana-Pacific Corporation (NYSE:LPX)

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