Dimensional Fund Advisors LP Has $9.63 Million Stake in Liquidity Services, Inc. (NASDAQ:LQDT)

Dimensional Fund Advisors LP raised its stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,560,474 shares of the business services provider’s stock after buying an additional 53,078 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Liquidity Services were worth $9,629,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of LQDT. Municipal Employees Retirement System of Michigan bought a new position in shares of Liquidity Services during the 4th quarter valued at about $45,000. Oregon Public Employees Retirement Fund bought a new stake in Liquidity Services in the 4th quarter valued at approximately $62,000. SG Americas Securities LLC bought a new stake in Liquidity Services in the 4th quarter valued at approximately $68,000. LS Investment Advisors LLC lifted its stake in Liquidity Services by 1,442.5% in the 4th quarter. LS Investment Advisors LLC now owns 13,142 shares of the business services provider’s stock valued at $81,000 after acquiring an additional 12,290 shares in the last quarter. Finally, Magnus Financial Group LLC bought a new stake in Liquidity Services in the 4th quarter valued at approximately $82,000. Institutional investors own 67.76% of the company’s stock.

In other news, insider James M. Rallo sold 4,908 shares of the company’s stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of $6.93, for a total transaction of $34,012.44. Following the sale, the insider now owns 4,908 shares in the company, valued at approximately $34,012.44. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 18.70% of the company’s stock.

LQDT has been the topic of several research reports. BidaskClub upgraded Liquidity Services from a “hold” rating to a “buy” rating in a research note on Thursday, March 21st. ValuEngine upgraded Liquidity Services from a “hold” rating to a “buy” rating in a research note on Wednesday, March 20th. TheStreet cut Liquidity Services from a “c” rating to a “d+” rating in a research note on Monday, April 15th. Finally, Zacks Investment Research cut Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 18th. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $8.75.

NASDAQ LQDT opened at $5.81 on Thursday. The company has a market capitalization of $195.62 million, a price-to-earnings ratio of -11.62 and a beta of 1.20. Liquidity Services, Inc. has a 52 week low of $5.17 and a 52 week high of $9.16.

Liquidity Services (NASDAQ:LQDT) last released its earnings results on Wednesday, May 8th. The business services provider reported ($0.02) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.10. Liquidity Services had a negative return on equity of 8.62% and a negative net margin of 7.26%. The firm had revenue of $37.36 million for the quarter, compared to analysts’ expectations of $56.92 million. On average, equities research analysts expect that Liquidity Services, Inc. will post -0.39 earnings per share for the current fiscal year.

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Liquidity Services Profile

Liquidity Services, Inc provides e-commerce marketplace that enable buyers and sellers to transact in an automated environment offering approximately 500 product categories. The company's marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and capital assets; govdeals.com that enables local and state government entities, including city, county, and state agencies to sell surplus and salvage assets, as well as offers a suite of services that includes asset sales and marketing, and seller self-service; and auctiondeals.com, a self-service solution, which enable sellers list their own assets, and enable commercial businesses to sell surplus and salvage assets.

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Institutional Ownership by Quarter for Liquidity Services (NASDAQ:LQDT)

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