2,967 Shares in Louisiana-Pacific Co. (NYSE:LPX) Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP acquired a new position in shares of Louisiana-Pacific Co. (NYSE:LPX - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,967 shares of the building manufacturing company's stock, valued at approximately $307,000.

Other institutional investors have also recently bought and sold shares of the company. Barclays PLC lifted its holdings in shares of Louisiana-Pacific by 20.0% during the 3rd quarter. Barclays PLC now owns 36,089 shares of the building manufacturing company's stock valued at $3,877,000 after buying an additional 6,011 shares during the last quarter. UMB Bank n.a. lifted its stake in Louisiana-Pacific by 98.8% in the fourth quarter. UMB Bank n.a. now owns 318 shares of the building manufacturing company's stock valued at $33,000 after acquiring an additional 158 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Louisiana-Pacific by 240.9% during the 4th quarter. SG Americas Securities LLC now owns 20,265 shares of the building manufacturing company's stock worth $2,098,000 after purchasing an additional 14,320 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new position in shares of Louisiana-Pacific during the 4th quarter worth $468,000. Finally, Blue Trust Inc. raised its holdings in Louisiana-Pacific by 12.5% during the fourth quarter. Blue Trust Inc. now owns 2,155 shares of the building manufacturing company's stock valued at $232,000 after buying an additional 240 shares in the last quarter. Institutional investors and hedge funds own 94.73% of the company's stock.

Louisiana-Pacific Price Performance

NYSE:LPX traded down $0.34 during mid-day trading on Friday, reaching $90.15. 51,605 shares of the company were exchanged, compared to its average volume of 705,001. The company has a quick ratio of 1.69, a current ratio of 2.86 and a debt-to-equity ratio of 0.21. The stock has a market cap of $6.27 billion, a PE ratio of 15.33, a PEG ratio of 1.24 and a beta of 1.94. Louisiana-Pacific Co. has a 12 month low of $78.82 and a 12 month high of $122.87. The company has a fifty day moving average of $89.07 and a 200 day moving average of $101.62.

Louisiana-Pacific (NYSE:LPX - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The building manufacturing company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.13 by $0.14. The business had revenue of $724.00 million for the quarter, compared to analysts' expectations of $711.66 million. Louisiana-Pacific had a net margin of 14.31% and a return on equity of 25.35%. Louisiana-Pacific's revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.53 earnings per share. On average, research analysts anticipate that Louisiana-Pacific Co. will post 5.27 EPS for the current fiscal year.

Louisiana-Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Tuesday, May 20th will be given a dividend of $0.28 per share. The ex-dividend date is Tuesday, May 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.24%. Louisiana-Pacific's payout ratio is currently 19.65%.

Analysts Set New Price Targets

LPX has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their price target on shares of Louisiana-Pacific from $105.00 to $108.00 and gave the company a "market perform" rating in a research report on Thursday, February 20th. Loop Capital upgraded shares of Louisiana-Pacific from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a research note on Wednesday, May 7th. Truist Financial cut their target price on Louisiana-Pacific from $126.00 to $112.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. DA Davidson dropped their target price on shares of Louisiana-Pacific from $125.00 to $123.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Finally, Royal Bank of Canada boosted their price target on shares of Louisiana-Pacific from $114.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Louisiana-Pacific has an average rating of "Hold" and a consensus price target of $107.38.

About Louisiana-Pacific

Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products.