LL Flooring Holdings, Inc. (NYSE:LL) Holdings Trimmed by Federated Hermes Inc.

Federated Hermes Inc. trimmed its holdings in LL Flooring Holdings, Inc. (NYSE:LL) by 32.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 82,166 shares of the specialty retailer’s stock after selling 39,183 shares during the quarter. Federated Hermes Inc.’s holdings in LL Flooring were worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Values First Advisors Inc. boosted its stake in shares of LL Flooring by 27.2% during 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 in the last quarter. Innovis Asset Management LLC purchased a new stake in shares of LL Flooring during the third quarter valued at $87,000. Finally, Gladius Capital Management LP acquired a new position in shares of LL Flooring in the 3rd quarter valued at $29,000. 54.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on LL Flooring in a report on Thursday. They set a “sell” rating on the stock.

LL Flooring Trading Up 0.6 %

LL Flooring stock opened at $1.66 on Friday. LL Flooring Holdings, Inc. has a 52 week low of $1.46 and a 52 week high of $5.52. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.12 and a current ratio of 1.54. The firm has a market capitalization of $50.91 million, a price-to-earnings ratio of -0.46 and a beta of 1.85. The company has a 50 day moving average price of $1.79 and a 200 day moving average price of $2.65.

LL Flooring (NYSE:LL) last issued its earnings results on Friday, March 1st. The specialty retailer reported ($0.64) EPS for the quarter. The business had revenue of $211.78 million during the quarter. LL Flooring had a negative return on equity of 44.10% and a negative net margin of 11.44%.

LL Flooring Profile

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.