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

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

Different hedge funds have additionally just lately modified their holdings of the corporate. BlackRock Inc. lifted its stake in shares of Academy Sports activities and Outdoor by 124.0% in the course of the 1st quarter. BlackRock Inc. now owns 13,562,648 shares of the corporate’s inventory valued at $534,370,000 after shopping for an extra 7,507,589 shares within the final quarter. Vanguard Group Inc. lifted its stake in shares of Academy Sports activities and Outdoor by 11.3% in the course of 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 an extra 958,800 shares within the final quarter. State Road Corp lifted its stake in shares of Academy Sports activities and Outdoor by 73.0% in the course of the 1st quarter. State Road Corp now owns 2,834,137 shares of the corporate’s inventory valued at $111,872,000 after shopping for an extra 1,196,076 shares within the final quarter. Hood River Capital Administration LLC lifted its stake in shares of Academy Sports activities and Outdoor by 3.7% in the course of 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 an extra 58,696 shares within the final quarter. Lastly, Financial institution of America Corp DE lifted its stake in shares of Academy Sports activities and Outdoor by 11.8% in the course of 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 an extra 146,938 shares within the final quarter. Institutional buyers personal 98.01% of the corporate’s inventory.

Academy Sports activities and Outdoor Inventory Down 1.7 %

Shares of NASDAQ ASO opened at $44.08 on Friday. The agency’s 50-day transferring common value is $45.61 and its 200-day transferring 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 Outdoor, 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 Outdoor (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 Outdoor 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 Outdoor, Inc. will put up 7.14 EPS for the present fiscal 12 months.

Academy Sports activities and Outdoor Dividend Announcement

The corporate additionally just lately declared a quarterly dividend, which was paid on Thursday, October thirteenth. Buyers of report on Thursday, September fifteenth have 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 Outdoor’s payout ratio is 4.17%.

Wall Road Analysts Forecast Development

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

Insider Exercise at Academy Sports activities and Outdoor

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 have been offered at a mean value of $48.46, for a complete transaction of $5,427,520.00. Following the transaction, the manager vp now straight 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 & Change Fee, which is accessible by way of the SEC web site. 3.51% of the inventory is at the moment owned by insiders.

About Academy Sports activities and Outdoor

(Get Score)

Academy Sports activities and Outdoor, Inc, by way of its subsidiaries, operates as a sporting items and out of doors leisure merchandise retailer in america. 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, taking pictures equipment, optics, airguns, and searching tools; group 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, out of doors cooking, wheeled items, trampolines, playsets, watersports, and pet tools, in addition to electronics merchandise, watches, consumables, batteries, and so forth.

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Need to see what different hedge funds are holding ASO? Go to HoldingsChannel.com to get the newest 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)

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