2 weeks Ago By Defense World Staff
JPMorgan Chase & Co. cut its stake in Columbia Sportswear (NASDAQ:COLM – Free Report) by 1.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The firm owned 670,864 shares of the textile maker’s stock after selling 9,911 shares during the period. JPMorgan Chase & Co. owned 1.
17% of Columbia Sportswear worth $56,306,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also bought and sold shares of the company. Boston Trust Walden Corp grew its position in shares of Columbia Sportswear by 0.
3% in 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 period. Thrivent Financial for Lutherans boosted its stake in 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 worth $101,355,000 after acquiring an additional 109,488 shares in the last quarter. American Century Companies Inc.
increased its stake in shares of Columbia Sportswear by 18.0% during the fourth 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 in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Columbia Sportswear by 0.8% during the third quarter.
Geode Capital Management LLC now owns 604,824 shares of the textile maker’s stock valued at $50,328,000 after purchasing an additional 4,727 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted 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 worth $47,372,000 after purchasing an additional 13,800 shares in the last quarter.
47.76% of the stock is currently owned by hedge funds and other institutional investors. Insider Buying and SellingIn other news, Director Ronald E.
Nelson sold 6,395 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $81.74, for a total value of $522,727.
30. Following the sale, the director now directly owns 17,048 shares in the company, valued at approximately $1,393,503.52.
This represents a 27.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Also, EVP Richelle T. Luther sold 4,000 shares of the business’s stock in a transaction 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 transaction, the executive vice president now owns 14,283 shares of the company’s stock, valued at approximately $1,319,177.
88. The trade was a 21.88 % decrease in their position.
The disclosure for this sale can be found here. 44.70% of the stock is owned by company insiders.
Analyst Ratings ChangesSeveral equities analysts have recently issued reports on the company. StockNews.com lowered Columbia Sportswear from a “buy” rating to a “hold” rating in a research report on Wednesday, February 5th.
Stifel Nicolaus upped their target price on shares of Columbia Sportswear from $92.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th.
Get Our Latest Stock Analysis on COLMColumbia Sportswear Trading Up 2.5 %Shares of NASDAQ:COLM opened at $68.84 on Friday.
The stock has a 50 day moving average of $82.29 and a 200 day moving average of $83.26.
The company has a market cap of $3.81 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 2.
54 and a beta of 0.90. Columbia Sportswear has a 12-month low of $64.
85 and a 12-month high of $92.88. Columbia Sportswear (NASDAQ:COLM – Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th.
The textile maker reported $1.80 earnings per share (EPS) 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%. Equities research analysts predict that Columbia Sportswear will post 4.1 earnings per share for the current fiscal year.
Columbia Sportswear Announces DividendThe company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders 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 annualized dividend and a dividend yield of 1.
74%. Columbia Sportswear’s dividend payout ratio (DPR) is 31.01%.
About Columbia Sportswear (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.Featured StoriesFive stocks we like better than Columbia SportswearHow to Use the MarketBeat Dividend CalculatorConagra Stock Could Thrive as Tariffs Hit Other SectorsHow to Read Stock Charts for BeginnersGrocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey FindsUpcoming IPO Stock Lockup Period, ExplainedSpotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy?Want to see what other hedge funds are holding COLM? Visit HoldingsChannel.
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