KBC Group NV Takes $277,000 Place in Academy Sports activities and Open air, Inc. (NASDAQ:ASO)

KBC Group NV acquired a brand new stake in shares of Academy Sports activities and Open air, Inc. (NASDAQ:ASOGet Score) within the second quarter, HoldingsChannel.com studies. The fund acquired 7,803 shares of the corporate’s inventory, valued at roughly $277,000.

Different hedge funds have additionally not too long ago modified their holdings of the corporate. BlackRock Inc. lifted its stake in shares of Academy Sports activities and Open air by 124.0% through the 1st quarter. BlackRock Inc. now owns 13,562,648 shares of the corporate’s inventory valued at $534,370,000 after shopping for a further 7,507,589 shares within the final quarter. Vanguard Group Inc. lifted its stake in shares of Academy Sports activities and Open air by 11.3% through the 1st quarter. Vanguard Group Inc. now owns 9,462,337 shares of the corporate’s inventory valued at $372,817,000 after shopping for a further 958,800 shares within the final quarter. State Avenue Corp lifted its stake in shares of Academy Sports activities and Open air by 73.0% through the 1st quarter. State Avenue Corp now owns 2,834,137 shares of the corporate’s inventory valued at $111,872,000 after shopping for a further 1,196,076 shares within the final quarter. Hood River Capital Administration LLC lifted its stake in shares of Academy Sports activities and Open air by 3.7% through the 1st quarter. Hood River Capital Administration LLC now owns 1,626,231 shares of the corporate’s inventory valued at $64,074,000 after shopping for a further 58,696 shares within the final quarter. Lastly, Financial institution of America Corp DE lifted its stake in shares of Academy Sports activities and Open air by 11.8% through the 1st quarter. Financial institution of America Corp DE now owns 1,394,063 shares of the corporate’s inventory valued at $54,926,000 after shopping for a further 146,938 shares within the final quarter. Institutional buyers personal 98.01% of the corporate’s inventory.

Academy Sports activities and Open air Inventory Down 1.7 %

Shares of NASDAQ ASO opened at $44.08 on Friday. The agency’s 50-day shifting common value is $45.61 and its 200-day shifting common value is $40.45. The corporate has a present ratio of 1.58, a fast ratio of 0.41 and a debt-to-equity ratio of 0.45. The inventory has a market capitalization of $3.51 billion, a price-to-earnings ratio of 6.12, a P/E/G ratio of 0.65 and a beta of 1.28. Academy Sports activities and Open air, Inc. has a 12-month low of $25.10 and a 12-month excessive of $51.51.

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Academy Sports activities and Open air (NASDAQ:ASOGet Score) final introduced its earnings outcomes on Wednesday, September seventh. The corporate reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.23. The agency had income of $1.69 billion for the quarter, in comparison with analysts’ expectations of $1.70 billion. Academy Sports activities and Open air had a internet margin of 9.79% and a return on fairness of 44.64%. The enterprise’s income was down 5.9% in comparison with the identical quarter final 12 months. Throughout the identical interval within the prior 12 months, the corporate earned $2.34 EPS. On common, equities analysis analysts anticipate that Academy Sports activities and Open air, Inc. will submit 7.14 EPS for the present fiscal 12 months.

Academy Sports activities and Open air Dividend Announcement

The corporate additionally not too long ago declared a quarterly dividend, which was paid on Thursday, October thirteenth. Traders of report on Thursday, September fifteenth had been issued a dividend of $0.075 per share. The ex-dividend date was Wednesday, September 14th. This represents a $0.30 annualized dividend and a yield of 0.68%. Academy Sports activities and Open air’s payout ratio is 4.17%.

Wall Avenue Analysts Forecast Development

ASO has been the subject of quite a lot of analyst studies. Wedbush lifted their goal value on shares of Academy Sports activities and Open air from $50.00 to $57.00 and gave the corporate an “outperform” ranking in a analysis word on Thursday, September eighth. UBS Group boosted their value goal on shares of Academy Sports activities and Open air from $55.00 to $60.00 and gave the inventory a “purchase” ranking in a analysis word on Thursday, September eighth. TheStreet upgraded shares of Academy Sports activities and Open air from a “c” ranking to a “b-” ranking in a analysis word on Tuesday, October 4th. Morgan Stanley boosted their value goal on shares of Academy Sports activities and Open air from $50.00 to $54.00 and gave the inventory an “equal weight” ranking in a analysis word on Thursday, September eighth. Lastly, Loop Capital started protection on shares of Academy Sports activities and Open air in a analysis word on Friday, September ninth. They issued a “purchase” ranking and a $60.00 value goal on the inventory. One equities analysis analyst has rated the inventory with a maintain ranking and 9 have issued a purchase ranking to the corporate’s inventory. In keeping with knowledge from MarketBeat, the inventory at the moment has a consensus ranking of “Reasonable Purchase” and a median value goal of $58.70.

Insider Exercise at Academy Sports activities and Open air

In associated information, EVP Samuel J. Johnson offered 112,000 shares of the corporate’s inventory in a transaction dated Tuesday, September thirteenth. The shares had been offered at a median value of $48.46, for a complete transaction of $5,427,520.00. Following the transaction, the manager vp now instantly owns 132,539 shares within the firm, valued at roughly $6,422,839.94. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible by the SEC web site. 3.51% of the inventory is at the moment owned by insiders.

About Academy Sports activities and Open air

(Get Score)

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

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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 Open air, Inc. (NASDAQ:ASOGet Score).

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

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