<div id="readability-page-1"><p>Quantedge Capital Pte Ltd reduced its stake in shares of  La-Z-Boy Incorporated (NYSE:LZB - Free Report) by 36.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor  owned 69,000 shares of the company's stock after selling 39,100 shares during the period. La-Z-Boy makes up  about  2.3% of Quantedge Capital Pte Ltd's holdings, making the stock its 17th largest position. Quantedge Capital Pte Ltd owned about 0.17% of La-Z-Boy worth $2,565,000 as of its most recent filing with the SEC.</p><ul><li>Analysts Love Lovesac, But Investors Should Be Cautious</li></ul><p>A number of other large investors have also made changes to their positions in LZB. GAMMA Investing LLC boosted its holdings in  La-Z-Boy by 116.9% during the second quarter. GAMMA Investing LLC now owns 746 shares of the company's stock worth $28,000 after buying an additional 402 shares in the last quarter.  EverSource Wealth Advisors LLC lifted its position in shares of  La-Z-Boy by 290.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 901 shares of the company's stock valued at $33,000 after acquiring an additional 670 shares during the period.  TD Private Client Wealth LLC lifted its position in shares of  La-Z-Boy by 38.3% during the 2nd quarter. TD Private Client Wealth LLC now owns 1,874 shares of the company's stock valued at $70,000 after acquiring an additional 519 shares during the period.  Caitong International Asset Management Co. Ltd boosted its stake in shares of  La-Z-Boy by 317.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,817 shares of the company's stock worth $71,000 after acquiring an additional 1,382 shares in the last quarter.  Finally, MTM Investment Management LLC acquired a new stake in shares of  La-Z-Boy in the 2nd quarter worth approximately $133,000. Hedge funds and other institutional investors own  99.62% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several brokerages recently issued reports on LZB. Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of La-Z-Boy in a report on Monday. Zacks Research upgraded La-Z-Boy from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Friday, November 21st. Finally, Sidoti upgraded shares of La-Z-Boy from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and boosted their price objective for the stock from $36.00 to $39.00 in a research report on Wednesday, November 19th. One research analyst  has rated the stock with a Strong Buy rating, two have assigned  a Buy rating and one  has assigned  a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of &#34;Buy&#34; and an average target price of $42.50.</p><ul><li>3 Small-Cap Stocks With Room to Run Despite Tariff Headwinds</li></ul><p><b>Get Our Latest Report on La-Z-Boy</b></p><h2>La-Z-Boy Trading Up 0.1%</h2><p>NYSE:LZB opened at $38.43 on Wednesday. La-Z-Boy Incorporated has a 12-month low of $29.03 and a 12-month high of $48.31. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 17.63 and a beta of 1.28. The company's 50-day moving average is $34.04 and its two-hundred day moving average is $36.33. </p><ul><li>With a 60%+ Upside, There’s Plenty to Love About Lovesac</li></ul><p>La-Z-Boy (NYSE:LZB - Get Free Report) last posted its quarterly earnings data on Tuesday, November 18th. The company reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.17. La-Z-Boy had a net margin of 4.29% and a return on equity of 11.19%. The business had revenue of $522.48 million during the quarter, compared to analyst estimates of $517.63 million. During the same quarter in the previous year, the business posted $0.71 earnings per share. The company's revenue was up .3% on a year-over-year basis.  On average, equities research analysts forecast that  La-Z-Boy Incorporated will post 2.99 earnings per share for the current fiscal year. </p><h2>La-Z-Boy Increases Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.242 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.97 dividend on an annualized basis and a dividend yield of 2.5%. This is a boost from La-Z-Boy's previous quarterly dividend of $0.22. La-Z-Boy's dividend payout ratio  is currently 44.50%. </p><h2>La-Z-Boy Profile</h2> (Free Report)<p>La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. It operates through Wholesale, Retail, Corporate and Other segments. The Wholesale segment manufactures, and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, entertainment centers, and occasional pieces.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than La-Z-Boy</li><li>Expert Stock Trading Psychology Tips</li><li>Insiders Are Selling These 3 Stocks—Here’s Why</li><li>Utilities Stocks Explained – How and Why to Invest in Utilities</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>Insider Trading - What You Need to Know</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxaQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxaQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in La-Z-Boy Right Now?</h2><p>Before you consider La-Z-Boy, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and La-Z-Boy wasn't on the list.</p><p>While La-Z-Boy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Quantedge Capital Pte Ltd reduced its stake in La-Z-Boy Incorporated by 36.2% in Q2. La-Z-Boy's stock has a consensus "Buy" rating with a target price of $42.50. The company reported Q2 earnings of $0.71 per share, beating estimates. La-Z-Boy increased its quarterly dividend to $0.242 per share, yielding 2.5%. The stock opened at $38.43, with a 12-month range of $29.03-$48.31.</p>

La-Z-Boy Incorporated $LZB Shares Sold by Quantedge Capital Pte Ltd