Comerica Bank cut its stake in shares of La-Z-Boy Incorporated (NYSE:LZB) by 22.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,113 shares of the company’s stock after selling 7,670 shares during the period. Comerica Bank owned approximately 0.06% of La-Z-Boy worth $695,000 as of its most recent SEC filing.
Comerica Bank has announced a 22.7% reduction in its stake in shares of La-Z-Boy Incorporated (NYSE:LZB). The holding was cut to 26,113 shares from the initial purchase of 33,783. The move was made during the fourth quarter of the company, which ended on December 31st, 2020, and was detailed in its latest filing with the Securities & Exchange Commission (SEC). According to the same document, Comerica Bank owned approximately 0.06% of La-Z-Boy worth $695,000 as of its most recent SEC filing.
MONROE, Mich. — In an effort to better glean customer insight, Top 100 retailer La-Z-Boy is partnering with Swedish software-as-a-service provider Stravito. The partnership is part of the Monroe, Mich.-based brand’s effort to create a customer insights department as it approaches 100 years in business.
Responsible for the foundational learning behind La-Z-Boy’s consumer growth targets, Megan Battig, senior consumer insights manager, explored how the implementation of the new insights division could unlock brand growth and help achieve the company’s Century Vision goals by 2027.
Maryland State Retirement & Pension System has recently acquired a new stake in La-Z-Boy Incorporated, as reported by its most recent filing with the Securities and Exchange Commission. The purchase amounted to 17,940 shares at approximately $409,000. This move solidifies Maryland State Retirement & Pension System’s position in a company that engages in the production of reclining chairs and manufacture and distribution of residential furniture.
MONROE, Mich. — La-Z-Boy Inc. is realigning its executive team in conjunction with several upcoming retirements. As of April 17, Rebecca Reeder will be president, Retail La-Z-Boy Furniture Galleries.
In this role, Reeder will have executive oversight and P&L responsibility for the company’s retail segment, which includes 168 of the 346 La-Z-Boy Furniture Galleries stores. She will assume responsibility for sales to the remaining independently owned La-Z-Boy Furniture Galleries stores.
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we’d want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. If you see this, it typically means it’s a company with a great business model and plenty of profitable reinvestment opportunities. So, when we ran our eye over La-Z-Boy’s (NYSE:LZB) trend of ROCE, we liked what we saw.
Marshall Wace LLP increased its holdings in La-Z-Boy Incorporated (NYSE: LZB) during the third quarter, as stated in the most recent report that the company has submitted to the Securities and Exchange Commission (SEC).
The company spent approximately $5,078,000 to purchase 224,950 shares of stock.
This brings the total number of shares owned by the company to 537,500.
MONROE, Mich., March 14, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Melinda D. Whittington, President and Chief Executive Officer, and Bob Lucian, Chief Financial Officer, will present at the Sidoti Small-Cap Conference, on Thursday, March 23, 2023, at 2:30 p.m. Eastern. The presentation will be webcast live and will be archived for 90 days. It will be available at https://lazboy.gcs-web.com/.
The most recent 13F filing that Cubist Systematic Strategies LLC submitted with the Securities and Exchange Commission (SEC) revealed that during the third quarter, the company’s investment in La-Z-Boy Incorporated (NYSE: LZB) was reduced by 63.1%.
The business was left in possession of 134,496 shares of the company’s stock after selling 229,847 shares during the period above.
The most recent disclosure that AlphaCrest Capital Management LLC made to the Securities and Exchange Commission indicated that the company’s holdings in La-Z-Boy Incorporated (NYSE: LZB) were reduced by 46.1% during the third quarter of 2018.
This information was provided in response to a request from the SEC.
As a result of the fund selling 48,728 shares of the company’s stock during the quarter, the total number of shares it currently holds in its portfolio is 56,999.
Enter your email here and we will tell you when this news page is updated.
JSA CONSULTANCY SERVICES
5a Wilmington Square, Clerkenwell,
London, WC1X 0ES, England
