Public Employees Retirement System of OH lifted its position in shares of Louisiana-Pacific by 1.0% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 23,416 shares of the construction company's stock valued at $615,000 after buying an additional 12,618 shares during the period. Finally, Macquarie Group Ltd. increased its position in Louisiana-Pacific by 67.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,814,005 shares of the construction company's stock valued at $130,370,000 after buying an additional 20,054 shares during the period. The company had a trading volume of 2,018,397 shares, compared to its average volume of 2,156,125. Greenwood Capital Associates LLC acquired a new stake in Louisiana-Pacific during the 3rd quarter valued at $202,000. Finally, Alambic Investment Management L.P. lifted its holdings in Louisiana-Pacific by 15.5% in the fourth quarter. American Century Companies Inc. now owns 1,799,091 shares of the construction company's stock valued at $47,244,000 after acquiring an additional 1,257,159 shares during the last quarter.
Institutional investors have recently bought and sold shares of the stock. The Stock has its 52-week High of $31.07 and 52-Week Low of $22.07 and it touched its 52-week high on 01/24/18 and 52-Week Low on 05/31/17.
The return on assets ratio of the Company was 14.10% while its return on investment ratio was 10.60%. The company has a current ratio of 5.03, a quick ratio of 4.31 and a debt-to-equity ratio of 0.22.
Stephens set a $32.00 price objective on Louisiana-Pacific (NYSE:LPX) in a research note released on Tuesday.
Louisiana-Pacific Corporation (LPX) is estimating to achieve earnings per share (EPS) growth of 271.30% for this year while EPS growth expected to touch -0.95% for next year. Louisiana-Pacific Corporation has 1 buy ratings, 7 holds and 1 sells even after the stock tumbled -3.22% from its high of $31.07 to a $4.35 billion market value through last close. Louisiana-Pacific had a net margin of 14.26% and a return on equity of 24.05%. The firm had revenue of $710.60 million during the quarter, compared to analysts' expectations of $654.26 million. DA Davidson analyst S. Chercover now forecasts that the construction company will post earnings per share of $0.38 for the quarter, up from their previous estimate of $0.31.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Monday, February 26th will be given a dividend of $0.13 per share. The EBITDA Yield for Louisiana-Pacific Corporation (NYSE:LPX) is 0.148407. The ex-dividend date of this dividend is Friday, February 23rd.
Several other equities analysts have also issued reports on the company. DA Davidson upped their price objective on shares of Louisiana-Pacific to $33.00 and gave the company a "neutral" rating in a report on Wednesday. Bank of America upgraded Louisiana-Pacific from an underperform rating to a neutral rating in a research note on Wednesday, January 24th. The stock of Louisiana-Pacific Corporation (NYSE:LPX) earned "Hold" rating by Scotia Capital on Tuesday, February 13. BMO Capital Markets maintained the shares of LPX in report on Thursday, June 22 with "Hold" rating. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. Many value investors may be on the lookout for stocks that are underpriced at current levels. On the other side it is not a negative indicator for Investor portfolio value - when the price of a stock Investor owns moves down in value. Following the completion of the sale, the executive vice president now directly owns 62,770 shares in the company, valued at $1,885,610.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Louisiana-Pacific Corporation (NYSE:LPX) presently has a 10 month price index of 1.05985.
TRADEMARK VIOLATION NOTICE: "Louisiana-Pacific Co".
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Shares of Louisiana-Pacific (LPX) opened at $29.25 on Tuesday. The Company's products are used in home construction, fix and remodeling, and outdoor structures. It operates in four divisions: North America Oriented Strand Board; Siding; Engineered Wood Products; and South America. It improved, as 16 investors sold LPX shares while 65 reduced holdings.