Louisiana-Pacific Corporation (LPX) Recent Ownership Changes

Louisiana-Pacific Corporation (NYSE:LPX) has made a 37.97% comeback from a 12-month low price of $22.07. It was seen 7.07% higher, changing the price to $30.45, when the closing bell rang on 02/13/2018. At recent session, the prices were hovering between $29.11 and $30.76. This company shares are -4.11% up from its target price of $29.2 and the current market capitalization stands at $4.4B. The recent change has given its price a 9.91% lead over SMA 50 and -2% deficit over its 52-week high. The stock witnessed 7.6% gains, 14.91% gains and 24.85% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found LPX’s volatility during a week at 4.73% and during a month it has been found around 3.38%.

Louisiana-Pacific Corporation (LPX) Top Holders

Institutional investors currently hold around $3.83 billion or 97.8% in LPX stock. Look at its top three institutional owners. Blackrock Inc. owns $498.55 million in Louisiana-Pacific Corporation, which represents roughly 11.33% of the company’s market cap and approximately 13.03% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 15,134,478 shares of the stock are valued at $430.43 million. The third largest holder is State Street Corp, which currently holds $134.66 million worth of this stock and that ownership represents nearly 3.06% of its market capitalization.

Louisiana-Pacific Corporation 13F Filings

At the end of 12/31/2017 reporting period, 188 institutional holders increased their position in Louisiana-Pacific Corporation (NYSE:LPX) by some 23,618,098 shares, 125 decreased positions by 20,385,594 and 39 held positions by 90,485,845. That puts total institutional holdings at 134,489,537 shares, according to SEC filings. The stock grabbed 48 new institutional investments totaling 2,418,592 shares while 36 institutional investors sold out their entire positions totaling 3,646,560 shares.

Louisiana-Pacific Corporation (NYSE:LPX) Insider Trades

Multiple company employees have indulged in significant insider trading. Louisiana-Pacific Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Principle Accounting Officer Barckley Rebecca Anne has sold 5,128 shares of Louisiana-Pacific Corporation (LPX) in trading session dated Sep. 14, 2017. These shares are worth $138,456 and were traded at $27 each. The SEC filing shows that Sims Michael performed a sale of 5,871 shares. The SVP Sales and Marketing disposed these shares by way of transaction on Sep. 12, 2017. The company’s shares were given away at $27.06 per share worth to an income of some $158,869 on account of Sims Michael.

COO, Southern William Bradley, sold 15,660 common shares of Louisiana-Pacific Corporation (LPX) in the open market. In a transaction dated Feb. 17, 2017, the shares were put up for sale at an average price of $24.55, raking in a sum of $384,453. After this sale, 109,313 common shares of LPX are directly owned by the insider, with total stake valued at $3,328,581.

In the transaction dated Feb. 16, 2017, the great number of shares disposed came courtesy the SVP Sales and Marketing; Sims Michael disposed a total of 6,685 shares at an average price of $24.45, amounting to approximately $163,448. The insider now directly owns 33,442 shares worth $1,018,309.

Louisiana-Pacific Corporation (LPX) Analyst Guide

Several analysts have released their opinion on Louisiana-Pacific Corporation (NYSE:LPX), with 1 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 3 average brokerage recommendation.

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