DekaBank Deutsche Girozentrale Boosts Inventory Place in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASO)

DekaBank Deutsche Girozentrale grew its stake in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASOGet Score) by 26.5% within the first quarter, in line with its most up-to-date disclosure with the Securities and Alternate Fee (SEC). The institutional investor owned 25,698 shares of the corporate’s inventory after buying an extra 5,390 shares through the interval. DekaBank Deutsche Girozentrale’s holdings in Academy Sports activities and Outdoor had been value $1,007,000 as of its most up-to-date submitting with the Securities and Alternate Fee (SEC).

Different giant buyers have additionally made modifications to their positions within the firm. Bailard Inc. lifted its holdings in Academy Sports activities and Outdoor by 1.8% within the fourth quarter. Bailard Inc. now owns 16,900 shares of the corporate’s inventory valued at $742,000 after buying an extra 300 shares over the last quarter. Meritage Portfolio Administration lifted its holdings in Academy Sports activities and Outdoor by 5.4% within the fourth quarter. Meritage Portfolio Administration now owns 6,307 shares of the corporate’s inventory valued at $277,000 after buying an extra 323 shares over the last quarter. Counterpoint Mutual Funds LLC acquired a brand new place in Academy Sports activities and Outdoor within the first quarter valued at roughly $26,000. C M Bidwell & Associates Ltd. lifted its holdings in Academy Sports activities and Outdoor by 16.1% within the fourth quarter. C M Bidwell & Associates Ltd. now owns 6,645 shares of the corporate’s inventory valued at $292,000 after buying an extra 920 shares over the last quarter. Lastly, Victory Capital Administration Inc. lifted its holdings in Academy Sports activities and Outdoor by 1.9% within the fourth quarter. Victory Capital Administration Inc. now owns 64,992 shares of the corporate’s inventory valued at $2,853,000 after buying an extra 1,192 shares over the last quarter. 89.94% of the inventory is at present owned by hedge funds and different institutional buyers.

Academy Sports activities and Outdoor Inventory Down 0.3 %

Academy Sports activities and Outdoor inventory opened at $43.45 on Friday. Academy Sports activities and Outdoor, Inc. has a twelve month low of $25.10 and a twelve month excessive of $51.08. The inventory’s fifty day easy transferring common is $36.10 and its 200-day easy transferring common is $36.79. The corporate has a present ratio of 1.56, a fast ratio of 0.44 and a debt-to-equity ratio of 0.45. The agency has a market capitalization of $3.70 billion, a P/E ratio of 6.23, a P/E/G ratio of 0.66 and a beta of 1.32.

Academy Sports activities and Outdoor (NASDAQ:ASOGet Score) final posted its quarterly earnings knowledge on Tuesday, June seventh. The corporate reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.32. Academy Sports activities and Outdoor had a return on fairness of 47.24% and a internet margin of 9.66%. The enterprise had income of $1.47 billion for the quarter, in comparison with analyst estimates of $1.45 billion. Throughout the identical quarter within the prior 12 months, the corporate earned $1.89 earnings per share. The corporate’s income was down 7.1% on a year-over-year foundation. As a bunch, equities analysts anticipate that Academy Sports activities and Outdoor, Inc. will put up 7.05 earnings per share for the present fiscal 12 months.

Academy Sports activities and Outdoor Dividend Announcement

The enterprise additionally lately disclosed a quarterly dividend, which was paid on Thursday, July 14th. Stockholders of file on Thursday, June sixteenth got a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized foundation and a dividend yield of 0.69%. The ex-dividend date was Wednesday, June fifteenth. Academy Sports activities and Outdoor’s dividend payout ratio is at present 4.30%.

Analyst Upgrades and Downgrades

ASO has been the subject of quite a few latest analyst stories. Loop Capital upped their value goal on Academy Sports activities and Outdoor from $43.00 to $50.00 in a report on Wednesday, March thirtieth. The Goldman Sachs Group decreased their value goal on Academy Sports activities and Outdoor from $61.00 to $49.00 and set a “purchase” ranking on the inventory in a report on Wednesday, Could 4th. Stephens upped their value goal on Academy Sports activities and Outdoor from $70.00 to $72.00 and gave the corporate an “obese” ranking in a report on Wednesday, June eighth. Truist Monetary started protection on Academy Sports activities and Outdoor in a analysis be aware on Wednesday, Could eleventh. They set a “purchase” ranking and a $53.00 value goal on the inventory. Lastly, UBS Group decreased their value goal on Academy Sports activities and Outdoor to $55.00 in a analysis be aware on Thursday, June ninth. Twelve funding analysts have rated the inventory with a purchase ranking, In accordance with knowledge from MarketBeat, the corporate has a median ranking of “Purchase” and a consensus value goal of $55.08.

Academy Sports activities and Outdoor Firm Profile

(Get Score)

Academy Sports activities and Outdoor, Inc, by its subsidiaries, operates as a sporting items and out of doors leisure merchandise retailer in the USA. The corporate sells coolers and drinkware, tenting equipment, tenting gear, sun shades, backpacks, and sports activities baggage; marine gear and fishing rods, reels, baits, and gear; firearms, ammunition, archery and archery gear, camouflage attire, waders, capturing equipment, optics, airguns, and searching gear; staff sports activities gear, together with baseball, soccer, basketball, soccer, golf, racket sports activities, and volleyball; health gear and equipment, and diet provides; and patio furnishings, out of doors cooking, wheeled items, trampolines, playsets, watersports, and pet gear, in addition to electronics merchandise, watches, consumables, batteries, and so on.

Additional Studying

Need to see what different hedge funds are holding ASO? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Academy Sports activities and Outdoor, Inc. (NASDAQ:ASOGet Score).

Institutional Ownership by Quarter for Academy Sports and Outdoors (NASDAQ:ASO)

Need Extra Nice Investing Concepts?

Obtain Information & Scores for Academy Sports activities and Outdoor Day by day – Enter your electronic mail tackle beneath to obtain a concise every day abstract of the most recent information and analysts’ scores for Academy Sports activities and Outdoor and associated firms with MarketBeat.com’s FREE every day electronic mail publication.