Swiss Nationwide Financial institution Acquires 12,200 Shares of Academy Sports activities and Outdoor, Inc. (NASDAQ:ASO)

Swiss Nationwide Financial institution lifted its holdings in shares of Academy Sports activities and Outdoor, Inc. (NASDAQ:ASOGet Score) by 6.5% within the first quarter, in line with the corporate in its most up-to-date disclosure with the Securities & Alternate Fee. The institutional investor owned 198,600 shares of the corporate’s inventory after buying an extra 12,200 shares in the course of the quarter. Swiss Nationwide Financial institution owned roughly 0.23% of Academy Sports activities and Outdoor price $7,825,000 as of its most up-to-date submitting with the Securities & Alternate Fee.

Various different hedge funds and different institutional buyers additionally just lately made adjustments to their positions within the enterprise. Financial institution of America Corp DE raised its holdings in shares of Academy Sports activities and Outdoor by 6.9% in the course of the fourth quarter. Financial institution of America Corp DE now owns 1,247,125 shares of the corporate’s inventory valued at $54,749,000 after buying an extra 80,150 shares within the final quarter. Alliancebernstein L.P. raised its holdings in Academy Sports activities and Outdoor by 24.9% within the fourth quarter. Alliancebernstein L.P. now owns 1,092,200 shares of the corporate’s inventory price $47,948,000 after buying an extra 217,857 shares within the final quarter. Westwood Holdings Group Inc. raised its holdings in Academy Sports activities and Outdoor by 24.0% within the fourth quarter. Westwood Holdings Group Inc. now owns 993,842 shares of the corporate’s inventory price $43,630,000 after buying an extra 192,057 shares within the final quarter. Tensile Capital Administration LP raised its holdings in Academy Sports activities and Outdoor by 11.4% within the fourth quarter. Tensile Capital Administration LP now owns 849,784 shares of the corporate’s inventory price $37,306,000 after buying an extra 87,089 shares within the final quarter. Lastly, Northern Belief Corp raised its holdings in Academy Sports activities and Outdoor by 1.2% within the fourth quarter. Northern Belief Corp now owns 811,271 shares of the corporate’s inventory price $35,616,000 after buying an extra 9,349 shares within the final quarter. Institutional buyers personal 89.94% of the corporate’s inventory.

Analyst Upgrades and Downgrades

ASO has been the topic of a variety of analysis experiences. Morgan Stanley started protection on Academy Sports activities and Outdoor in a report on Monday, August fifteenth. They issued an “equal weight” ranking and a $50.00 worth goal for the corporate. Truist Monetary started protection on Academy Sports activities and Outdoor in a analysis notice on Wednesday, Might eleventh. They issued a “purchase” ranking and a $53.00 goal worth on the inventory. UBS Group reduce their goal worth on Academy Sports activities and Outdoor to $55.00 in a analysis notice on Thursday, June ninth. The Goldman Sachs Group reduce their goal worth on Academy Sports activities and Outdoor from $61.00 to $49.00 and set a “purchase” ranking on the inventory in a analysis notice on Wednesday, Might 4th. Lastly, Stephens elevated their worth goal on Academy Sports activities and Outdoor from $70.00 to $72.00 and gave the corporate an “chubby” ranking in a analysis report on Wednesday, June eighth. One analysis analyst has rated the inventory with a maintain ranking and twelve have assigned a purchase ranking to the corporate. In keeping with MarketBeat, Academy Sports activities and Outdoor has a mean ranking of “Reasonable Purchase” and a mean goal worth of $54.69.

Academy Sports activities and Outdoor Inventory Down 1.3 %

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NASDAQ ASO opened at $46.62 on Monday. The inventory’s 50-day shifting common worth is $40.19 and its 200-day shifting common worth is $37.55. The corporate has a fast ratio of 0.44, a present ratio of 1.56 and a debt-to-equity ratio of 0.45. Academy Sports activities and Outdoor, Inc. has a 52 week low of $25.10 and a 52 week excessive of $51.08. The corporate has a market capitalization of $3.97 billion, a P/E ratio of 6.69, a price-to-earnings-growth ratio of 0.72 and a beta of 1.39.

Academy Sports activities and Outdoor (NASDAQ:ASOGet Score) final posted its quarterly earnings information on Tuesday, June seventh. The corporate reported $1.73 EPS for the quarter, topping the consensus estimate of $1.40 by $0.33. The agency had income of $1.47 billion for the quarter, in comparison with the consensus estimate of $1.45 billion. Academy Sports activities and Outdoor had a return on fairness of 47.24% and a internet margin of 9.66%. The enterprise’s income for the quarter was down 7.1% in comparison with the identical quarter final yr. Throughout the identical quarter final yr, the corporate earned $1.89 earnings per share. On common, equities analysis analysts predict that Academy Sports activities and Outdoor, Inc. will publish 7.01 earnings per share for the present yr.

Academy Sports activities and Outdoor Dividend Announcement

The agency additionally just lately introduced a quarterly dividend, which was paid on Thursday, July 14th. Buyers of document on Thursday, June sixteenth have been paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.64%. The ex-dividend date was Wednesday, June fifteenth. Academy Sports activities and Outdoor’s dividend payout ratio (DPR) is presently 4.30%.

Academy Sports activities and Outdoor Profile

(Get Score)

Academy Sports activities and Outdoor, Inc, by means of its subsidiaries, operates as a sporting items and outside leisure merchandise retailer in the US. 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 looking gear; group sports activities gear, together with baseball, soccer, basketball, soccer, golf, racket sports activities, and volleyball; health gear and equipment, and vitamin provides; and patio furnishings, outside cooking, wheeled items, trampolines, playsets, watersports, and pet gear, in addition to electronics merchandise, watches, consumables, batteries, and many others.

Additional Studying

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

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