Kirr Marbach & Co. LLC IN held its position in Leaf Group Ltd (NASDAQ:LFGR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,483 shares of the company’s stock at the end of the second quarter. Kirr Marbach & Co. LLC IN’s holdings in Leaf Group were worth $285,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its position in Leaf Group by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,148,315 shares of the company’s stock valued at $8,612,000 after buying an additional 24,397 shares in the last quarter. Royce & Associates LP boosted its position in Leaf Group by 1.4% in the first quarter. Royce & Associates LP now owns 967,216 shares of the company’s stock valued at $7,254,000 after buying an additional 13,193 shares in the last quarter. Emerald Mutual Fund Advisers Trust purchased a new position in Leaf Group during the first quarter valued at $905,000. Punch & Associates Investment Management Inc. boosted its position in Leaf Group by 1.5% in the first quarter. Punch & Associates Investment Management Inc. now owns 589,205 shares of the company’s stock valued at $4,419,000 after buying an additional 8,605 shares in the last quarter. Finally, Oak Management Corp purchased a new position in Leaf Group during the fourth quarter valued at $29,390,000.
Leaf Group Ltd (NASDAQ LFGR) traded down 1.35% during trading on Thursday, hitting $7.30. 1,195 shares of the company traded hands. The stock has a 50-day moving average price of $7.91 and a 200-day moving average price of $7.73. The firm’s market capitalization is $145.57 million. Leaf Group Ltd has a 12-month low of $5.30 and a 12-month high of $9.35.
Leaf Group (NASDAQ:LFGR) last announced its quarterly earnings results on Thursday, May 4th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.31) by $0.19. Leaf Group had a negative return on equity of 53.54% and a negative net margin of 36.78%. The company had revenue of $27.23 million for the quarter, compared to the consensus estimate of $26.53 million. During the same quarter last year, the company posted ($0.59) EPS. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. Equities analysts expect that Leaf Group Ltd will post ($1.76) EPS for the current fiscal year.
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Several research firms recently weighed in on LFGR. Zacks Investment Research raised shares of Leaf Group from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Jefferies Group LLC reissued a “hold” rating and issued a $9.00 target price on shares of Leaf Group in a research note on Friday, June 23rd. Craig Hallum set a $12.00 target price on shares of Leaf Group and gave the company a “buy” rating in a research note on Saturday, June 17th. Finally, B. Riley reissued a “buy” rating and issued a $10.50 target price on shares of Leaf Group in a research note on Wednesday, May 10th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $10.04.
Leaf Group Company Profile
Leaf Group Ltd., formerly Demand Media, Inc, is diversified Internet marketplaces and media company. The Company has online media properties and marketplace platforms that enable communities of creators to reach audiences in lifestyle categories. The Company operates an online studio platform for the professional creation and distribution of content, as well as two online artist marketplaces.
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