Research analysts at StockNews.com started coverage on shares of LL Flooring (NYSE:LL – Get Free Report) in a report issued on Friday. The brokerage set a “sell” rating on the specialty retailer’s stock.
Separately, Loop Capital raised LL Flooring from a “sell” rating to a “hold” rating and set a $2.00 price target for the company in a report on Thursday.
Read Our Latest Research Report on LL
LL Flooring Stock Performance
LL Flooring (NYSE:LL – Get Free Report) last issued its quarterly earnings data on Friday, March 1st. The specialty retailer reported ($0.64) EPS for the quarter. The company had revenue of $211.78 million for the quarter. LL Flooring had a negative return on equity of 44.10% and a negative net margin of 11.44%.
Institutional Investors Weigh In On LL Flooring
Several institutional investors and hedge funds have recently made changes to their positions in LL. Dynamic Technology Lab Private Ltd bought a new position in LL Flooring during the 4th quarter worth $441,000. Sierra Summit Advisors LLC bought a new position in shares of LL Flooring during the fourth quarter worth about $266,000. Values First Advisors Inc. increased its holdings in shares of LL Flooring by 27.2% in the 4th quarter. Values First Advisors Inc. now owns 154,754 shares of the specialty retailer’s stock worth $604,000 after acquiring an additional 33,117 shares during the period. Innovis Asset Management LLC bought a new stake in LL Flooring in the 3rd quarter valued at about $87,000. Finally, State Board of Administration of Florida Retirement System acquired a new position in LL Flooring during the 1st quarter valued at about $29,000. 54.33% of the stock is owned by institutional investors and hedge funds.
About LL Flooring
LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.
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