32,100 Shares in Liquidity Services, Inc. (NASDAQ:LQDT) Acquired by Strs Ohio

Strs Ohio acquired a new position in Liquidity Services, Inc. (NASDAQ:LQDT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 32,100 shares of the business services provider’s stock, valued at approximately $552,000. Strs Ohio owned 0.10% of Liquidity Services at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Louisiana State Employees Retirement System bought a new position in Liquidity Services in the 4th quarter valued at $193,000. Values First Advisors Inc. boosted its holdings in Liquidity Services by 3.4% in the 4th quarter. Values First Advisors Inc. now owns 43,768 shares of the business services provider’s stock valued at $753,000 after purchasing an additional 1,446 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Liquidity Services by 119.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 232,170 shares of the business services provider’s stock valued at $3,996,000 after purchasing an additional 126,156 shares during the period. Pacer Advisors Inc. boosted its holdings in Liquidity Services by 72.6% in the 4th quarter. Pacer Advisors Inc. now owns 548,550 shares of the business services provider’s stock valued at $9,441,000 after purchasing an additional 230,755 shares during the period. Finally, Mesirow Financial Investment Management Inc. boosted its holdings in Liquidity Services by 43.4% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 20,734 shares of the business services provider’s stock valued at $346,000 after purchasing an additional 6,277 shares during the period. 71.15% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on LQDT shares. TheStreet downgraded shares of Liquidity Services from a “b-” rating to a “c+” rating in a report on Thursday, February 8th. StockNews.com cut shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 13th. Finally, Barrington Research restated an “outperform” rating and set a $27.00 price objective on shares of Liquidity Services in a research report on Thursday, February 8th.

Insider Buying and Selling

In related news, Director George H. Ellis sold 6,000 shares of Liquidity Services stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $17.50, for a total value of $105,000.00. Following the transaction, the director now owns 19,402 shares in the company, valued at approximately $339,535. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 29.77% of the stock is owned by corporate insiders.

Liquidity Services Stock Performance

Liquidity Services stock opened at $17.42 on Friday. The firm’s fifty day moving average price is $17.80 and its 200-day moving average price is $18.11. The stock has a market cap of $535.14 million, a P/E ratio of 29.03 and a beta of 1.34. Liquidity Services, Inc. has a fifty-two week low of $12.69 and a fifty-two week high of $21.10.

Liquidity Services (NASDAQ:LQDT) last issued its earnings results on Thursday, February 8th. The business services provider reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). The business had revenue of $71.33 million during the quarter. Liquidity Services had a return on equity of 17.62% and a net margin of 6.03%.

Liquidity Services Company Profile

Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination.