4 days Ago By ABMN Staff
Wells Fargo & Company MN raised its holdings in shares of Academy Sports and Outdoors, Inc. ( NASDAQ:ASO – Free Report ) by 11.4% in the fourth quarter, HoldingsChannel.
com reports. The firm owned 216,686 shares of the company’s stock after buying an additional 22,146 shares during the period. Wells Fargo & Company MN’s holdings in Academy Sports and Outdoors were worth $12,466,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of ASO. Geode Capital Management LLC raised its holdings in shares of Academy Sports and Outdoors by 2.6% in the 3rd quarter.
Geode Capital Management LLC now owns 2,023,192 shares of the company’s stock worth $118,092,000 after acquiring an additional 50,715 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Academy Sports and Outdoors by 14.6% in the fourth quarter.
Bank of New York Mellon Corp now owns 712,226 shares of the company’s stock worth $40,974,000 after purchasing an additional 90,592 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Academy Sports and Outdoors by 20.6% in the fourth quarter.
Empowered Funds LLC now owns 163,109 shares of the company’s stock valued at $9,384,000 after purchasing an additional 27,824 shares in the last quarter. Pacifica Capital Investments LLC boosted its position in shares of Academy Sports and Outdoors by 7.9% during the fourth quarter.
Pacifica Capital Investments LLC now owns 400,505 shares of the company’s stock valued at $23,041,000 after buying an additional 29,410 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in Academy Sports and Outdoors by 6.2% in the 3rd quarter.
HighTower Advisors LLC now owns 5,553 shares of the company’s stock valued at $324,000 after buying an additional 323 shares during the last quarter. Academy Sports and Outdoors Trading Down 1.3 % Shares of Academy Sports and Outdoors stock opened at $36.
77 on Wednesday. The stock’s 50-day simple moving average is $46.58 and its 200 day simple moving average is $51.
03. The stock has a market capitalization of $2.46 billion, a P/E ratio of 6.
04, a P/E/G ratio of 1.02 and a beta of 1.26.
Academy Sports and Outdoors, Inc. has a 52-week low of $33.34 and a 52-week high of $64.
62. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.
32 and a current ratio of 1.57. Academy Sports and Outdoors Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th.
Shareholders of record on Tuesday, March 25th will be given a dividend of $0.13 per share. This is an increase from Academy Sports and Outdoors’s previous quarterly dividend of $0.
11. The ex-dividend date is Tuesday, March 25th. This represents a $0.
52 dividend on an annualized basis and a yield of 1.41%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is presently 9.
01%. Analysts Set New Price Targets A number of equities analysts have issued reports on ASO shares. Evercore ISI cut their price objective on shares of Academy Sports and Outdoors from $54.
00 to $53.00 and set an “in-line” rating on the stock in a report on Tuesday, April 1st. Wedbush cut their price target on shares of Academy Sports and Outdoors from $65.
00 to $60.00 and set an “outperform” rating on the stock in a report on Friday, March 21st. TD Cowen increased their price objective on shares of Academy Sports and Outdoors from $54.
00 to $61.00 and gave the company a “hold” rating in a research note on Wednesday, January 8th. Loop Capital cut their target price on Academy Sports and Outdoors from $77.
00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. Finally, Robert W.
Baird reduced their target price on Academy Sports and Outdoors from $65.00 to $60.00 and set an “outperform” rating for the company in a report on Friday, March 21st.
Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $58.
63. View Our Latest Research Report on Academy Sports and Outdoors About Academy Sports and Outdoors ( Free Report ) Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.
Featured Stories Want to see what other hedge funds are holding ASO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Academy Sports and Outdoors, Inc. ( NASDAQ:ASO – Free Report ).
Receive News & Ratings for Academy Sports and Outdoors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Academy Sports and Outdoors and related companies with MarketBeat.com's FREE daily email newsletter ..
