Louisiana

Retirement Systems of Alabama Boosts Holdings in Louisiana-Pacific Co. (NYSE:LPX)

Published

2 years ago

July 6, 2024

Retirement Systems of Alabama increased its holdings in Louisiana-Pacific Co. (NYSE:LPX – Free Report) by 0.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 80,596 shares of the building manufacturing company’s stock after buying an additional 220 shares during the quarter. Retirement Systems of Alabama owned 0.11% of Louisiana-Pacific worth $6,763,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in LPX. Channing Capital Management LLC purchased a new position in Louisiana-Pacific during the fourth quarter valued at approximately $73,662,000. Norges Bank purchased a new position in Louisiana-Pacific during the fourth quarter valued at approximately $53,186,000. Balyasny Asset Management L.P. lifted its holdings in Louisiana-Pacific by 16,827.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 717,059 shares of the building manufacturing company’s stock valued at $50,789,000 after purchasing an additional 712,823 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Louisiana-Pacific by 83.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,563,117 shares of the building manufacturing company’s stock worth $110,717,000 after buying an additional 712,671 shares in the last quarter. Finally, Eminence Capital LP lifted its holdings in shares of Louisiana-Pacific by 31.4% in the fourth quarter. Eminence Capital LP now owns 2,056,991 shares of the building manufacturing company’s stock worth $145,697,000 after buying an additional 491,641 shares in the last quarter. Hedge funds and other institutional investors own 94.73% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on LPX shares. DA Davidson boosted their target price on shares of Louisiana-Pacific from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, June 14th. The Goldman Sachs Group downgraded shares of Louisiana-Pacific from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $89.00 to $81.00 in a report on Monday, June 17th. StockNews.com upgraded shares of Louisiana-Pacific from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th. Seaport Res Ptn cut shares of Louisiana-Pacific from a “buy” rating to a “neutral” rating in a research report on Thursday, May 9th. Finally, Royal Bank of Canada boosted their price objective on shares of Louisiana-Pacific from $88.00 to $105.00 and gave the company an “outperform” rating in a research report on Thursday, May 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Louisiana-Pacific presently has a consensus rating of “Hold” and an average price target of $87.11.

Read Our Latest Stock Analysis on Louisiana-Pacific

Louisiana-Pacific Stock Down 3.5 %

NYSE:LPX opened at $80.23 on Friday. The company has a 50-day moving average of $86.30 and a 200 day moving average of $77.54. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.32 and a quick ratio of 1.75. The firm has a market cap of $5.75 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 10.79 and a beta of 1.89. Louisiana-Pacific Co. has a 1-year low of $49.47 and a 1-year high of $95.70.

Louisiana-Pacific (NYSE:LPX – Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The building manufacturing company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.40. Louisiana-Pacific had a return on equity of 20.87% and a net margin of 9.74%. The company had revenue of $724.00 million for the quarter, compared to analyst estimates of $686.84 million. During the same quarter last year, the firm posted $0.34 EPS. The firm’s revenue for the quarter was up 24.0% on a year-over-year basis. As a group, research analysts anticipate that Louisiana-Pacific Co. will post 5.79 EPS for the current fiscal year.

Louisiana-Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 5th. Stockholders of record on Wednesday, May 22nd were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Tuesday, May 21st. This represents a $1.04 annualized dividend and a dividend yield of 1.30%. Louisiana-Pacific’s dividend payout ratio is presently 28.57%.

Insider Buying and Selling

In related news, Director Lizanne C. Gottung sold 3,591 shares of the firm’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $89.18, for a total transaction of $320,245.38. Following the completion of the sale, the director now directly owns 23,501 shares of the company’s stock, valued at approximately $2,095,819.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.53% of the company’s stock.

About Louisiana-Pacific

(Free Report)

Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products.

State Treasurer John Fleming accuses Jeff Landry of interfering in Louisiana Senate race

Published

3 hours ago

March 4, 2026

Press Room

State Treasurer John Fleming accuses Jeff Landry of interfering in Louisiana Senate race

BATON ROUGE (KNOE) – Louisiana State Treasurer John Fleming is accusing Governor Jeff Landry of interfering with the state Senate race, which Fleming is a part of.

Fleming took to social media to accuse Landry of working “behind the scenes” to get Congresswoman Julia Letlow elected to the Senate.

According to Fleming, Dr. Ralph Abraham offered him the position of Deputy Director of the CDC shortly before announcing he was stepping down. Fleming said he politely declined.

A week later, news broke that Abraham is now leading Letlow’s Senate campaign.

“We know that Jeff has been heavily lobbying the Trump campaign team for the endorsement, he is pressuring the Republican Party of Louisiana and the Republican Executive Committees to support and endorse Letlow as well,” Fleming wrote on Facebook. “And, he is personally calling his donors to raise big money to save the Letlow campaign.

Landry formally endorsed Letlow for the U.S. Senate on March 4. Letlow also has the endorsement of President Donald Trump.

“We need a warrior who stands with the President to Make America Great. And there’s no greater warrior than a Louisiana mom,” Landry wrote on Facebook.

Fleming continued his commentary, asking when Landry will stop interfering with the state’s Senate race.

“Who is best to decide who represents you in Washington? Jeff Landry, or YOU?” Fleming asked.

Also in the heated race is incumbent Bill Cassidy, M.D.

Party primary elections in Louisiana are set for May 16, 2026.

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Louisiana

Louisiana Lottery Mega Millions, Pick 3 results for March 3, 2026

Published

15 hours ago

March 4, 2026

Press Room

The Louisiana Lottery offers several draw games for those aiming to win big.

Here’s a look at March 3, 2026, results for each game:

Winning Mega Millions numbers from March 3 drawing

07-21-53-54-62, Mega Ball: 16

Check Mega Millions payouts and previous drawings here.

Winning Pick 3 numbers from March 3 drawing

6-8-3

Check Pick 3 payouts and previous drawings here.

Winning Pick 4 numbers from March 3 drawing

3-6-7-4

Check Pick 4 payouts and previous drawings here.

Winning Pick 5 numbers from March 3 drawing

0-8-3-2-0

Check Pick 5 payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

All Louisiana Lottery retailers will redeem prizes up to $600. For prizes over $600, winners can submit winning tickets through the mail or in person at Louisiana Lottery offices. Prizes of over $5,000 must be claimed at Lottery office.

By mail, follow these instructions:

Sign and complete the information on the back of your winning ticket, ensuring all barcodes are clearly visible (remove all scratch-off material from scratch-off tickets).
Photocopy the front and back of the ticket (except for Powerball and Mega Millions tickets, as photocopies are not accepted for these games).
Complete the Louisiana Lottery Prize Claim Form, including your telephone number and mailing address for prize check processing.
Photocopy your valid driver’s license or current picture identification.

Mail all of the above in a single envelope to:

Louisiana Lottery Headquarters

555 Laurel Street

Baton Rouge, LA 70801

To submit in person, visit Louisiana Lottery headquarters:

555 Laurel Street, Baton Rouge, LA 70801, (225) 297-2000.

Hours: 8 a.m. to 4:30 p.m., Monday through Friday. This office can cash prizes of any amount.

Check previous winning numbers and payouts at Louisiana Lottery.

When are the Louisiana Lottery drawings held?

Powerball: 9:59 p.m. CT Monday, Wednesday and Saturday.
Mega Millions: 10 p.m. CT Tuesday and Friday.
Pick 3, Pick 4 and Pick 5: Daily at 9:59 p.m. CT.
Easy 5: 9:59 p.m. CT Wednesday and Saturday.
Lotto: 9:59 p.m. CT Wednesday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Louisiana editor. You can send feedback using this form.

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Louisiana

Brother of Louisiana mayor accused of raping 16-year-old has a hauntingly similar criminal past

Published

1 day ago

March 3, 2026

Press Room

Brother of Louisiana mayor accused of raping 16-year-old has a hauntingly similar criminal past

The brother of Louisiana mayor Misty Roberts — accused of raping her son’s teenage friend — is facing child sex crimes of his own.

Brandon Lee Roberts, 39, was accused of raping a teen girl and assaulting a young woman over the course of several years, KALB reported.

Brandon Lee Roberts, 39, is accused of raping a teen girl and assaulting a young woman over the course of several years. Beauregard Parish Sheriff’s Office

The alleged sexual abuse began when one of the victims was as young as 13, according to Beauregard Parish Sheriff Mark Herford.

He was arrested in October.

Booking photo of Misty Clanton Roberts. — Brandon’s sister, Misty, the ex-mayor of DeRidder, Louisiana, allegedly raped her son’s teenage friend. AP

That comes years after his big sister – ex-mayor of DeRidder, 43-year-old Misty Roberts – allegedly got hot and heavy with her son’s 16-year-old friend at a drunken party at their home.

Roberts was allegedly caught in the tryst by her own kids.

She was arrested months later, and is currently on trial for rape charges.

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