1 week Ago By Defense World Staff
Geode Capital Management LLC decreased its position in shares of Columbia Sportswear (NASDAQ:COLM – Free Report) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 596,013 shares of the textile maker’s stock after selling 8,811 shares during the period.
Geode Capital Management LLC owned 1.04% of Columbia Sportswear worth $50,037,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors and hedge funds have also bought and sold shares of COLM.
Boston Trust Walden Corp grew its stake in Columbia Sportswear by 0.3% during the 4th quarter. Boston Trust Walden Corp now owns 1,284,140 shares of the textile maker’s stock worth $107,778,000 after buying an additional 3,214 shares during the last quarter.
Thrivent Financial for Lutherans increased its holdings in shares of Columbia Sportswear by 10.0% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,207,605 shares of the textile maker’s stock valued at $101,355,000 after acquiring an additional 109,488 shares in the last quarter.
American Century Companies Inc. raised its position in shares of Columbia Sportswear by 18.0% in the 4th quarter.
American Century Companies Inc. now owns 884,731 shares of the textile maker’s stock valued at $74,255,000 after purchasing an additional 134,813 shares during the last quarter. Charles Schwab Investment Management Inc.
raised its position in shares of Columbia Sportswear by 2.5% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 564,422 shares of the textile maker’s stock valued at $47,372,000 after purchasing an additional 13,800 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Columbia Sportswear by 11.6% during the 4th quarter.
Bank of New York Mellon Corp now owns 418,531 shares of the textile maker’s stock worth $35,127,000 after purchasing an additional 43,654 shares during the last quarter. 47.76% of the stock is owned by hedge funds and other institutional investors.
Columbia Sportswear Trading Down 0.0 %Columbia Sportswear stock opened at $65.62 on Monday.
The firm has a market cap of $3.63 billion, a PE ratio of 16.96, a P/E/G ratio of 2.
54 and a beta of 0.91. Columbia Sportswear has a 12 month low of $59.
07 and a 12 month high of $92.88. The stock’s 50 day simple moving average is $79.
05 and its two-hundred day simple moving average is $82.45. Columbia Sportswear (NASDAQ:COLM – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th.
The textile maker reported $1.80 earnings per share for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.
06). Columbia Sportswear had a net margin of 6.63% and a return on equity of 12.
23%. On average, equities research analysts forecast that Columbia Sportswear will post 4.1 EPS for the current year.
Columbia Sportswear Announces DividendThe company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were issued a $0.30 dividend.
The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.20 dividend on an annualized basis and a yield of 1.
83%. Columbia Sportswear’s payout ratio is currently 31.01%.
Wall Street Analyst Weigh InSeveral research firms have recently commented on COLM. Stifel Nicolaus lowered their price objective on shares of Columbia Sportswear from $100.00 to $91.
00 and set a “buy” rating for the company in a research note on Thursday. StockNews.com cut Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Wednesday, February 5th.
Finally, Citigroup reiterated a “neutral” rating and issued a $68.00 price target (down previously from $80.00) on shares of Columbia Sportswear in a report on Monday, April 7th.
Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $80.75.
View Our Latest Stock Analysis on Columbia SportswearInsiders Place Their BetsIn other Columbia Sportswear news, Director Ronald E. Nelson sold 6,395 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $81.
74, for a total value of $522,727.30. Following the completion of the sale, the director now owns 17,048 shares in the company, valued at approximately $1,393,503.
52. This represents a 27.28 % decrease in their position.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Richelle T. Luther sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th.
The shares were sold at an average price of $92.36, for a total value of $369,440.00.
Following the completion of the sale, the executive vice president now owns 14,283 shares of the company’s stock, valued at $1,319,177.88. This trade represents a 21.
88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 44.
70% of the stock is currently owned by corporate insiders. Columbia Sportswear Profile (Free Report)Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.
See AlsoFive stocks we like better than Columbia SportswearWhat is a support level?Is McDonald’s Stock Serving a Value Meal to Investors? What Does Downgrade Mean in Investing?Walgreens Comeback? Private Equity Circling for a BuyoutStock Market Sectors: What Are They and How Many Are There? Coca-Cola Stock Looks Refreshing After the Relief Rally Want to see what other hedge funds are holding COLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Columbia Sportswear (NASDAQ:COLM – Free Report)..
