Virginia Retirement Methods ET AL Raises Inventory Place in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASO)

Virginia Retirement Methods ET AL grew its holdings in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASOGet Ranking) by 139.6% throughout the first quarter, in accordance with the corporate in its most up-to-date submitting with the Securities and Alternate Fee. The agency owned 25,400 shares of the corporate’s inventory after buying a further 14,800 shares throughout the interval. Virginia Retirement Methods ET AL’s holdings in Academy Sports activities and Outdoor have been price $1,001,000 as of its most up-to-date SEC submitting.

Different hedge funds have additionally modified their holdings of the corporate. Alliancebernstein L.P. elevated its stake in Academy Sports activities and Outdoor by 24.9% throughout the 4th quarter. Alliancebernstein L.P. now owns 1,092,200 shares of the corporate’s inventory price $47,948,000 after shopping for a further 217,857 shares throughout the interval. UBS Asset Administration Americas Inc. elevated its stake in Academy Sports activities and Outdoor by 195.9% throughout the third quarter. UBS Asset Administration Americas Inc. now owns 49,204 shares of the corporate’s inventory price $1,969,000 after shopping for a further 32,574 shares throughout the interval. Tensile Capital Administration LP elevated its stake in Academy Sports activities and Outdoor by 11.4% throughout the 4th quarter. Tensile Capital Administration LP now owns 849,784 shares of the corporate’s inventory price $37,306,000 after shopping for a further 87,089 shares throughout the interval. Mitsubishi UFJ Belief & Banking Corp elevated its stake in Academy Sports activities and Outdoor by 65.0% throughout the 4th quarter. Mitsubishi UFJ Belief & Banking Corp now owns 13,200 shares of the corporate’s inventory price $579,000 after shopping for a further 5,200 shares throughout the interval. Lastly, Brinker Capital Investments LLC bought a brand new stake in Academy Sports activities and Outdoor throughout the 4th quarter price $465,000. 89.94% of the inventory is presently owned by institutional buyers and hedge funds.

NASDAQ ASO opened at $37.69 on Friday. Academy Sports activities and Outdoor, Inc. has a one yr low of $25.10 and a one yr excessive of $51.08. The corporate has a 50-day easy shifting common of $35.43 and a 200-day easy shifting common of $36.91. The corporate has a debt-to-equity ratio of 0.45, a fast ratio of 0.44 and a present ratio of 1.56. The agency has a market capitalization of $3.21 billion, a PE ratio of 5.41, a price-to-earnings-growth ratio of 0.56 and a beta of 1.32.

Academy Sports activities and Outdoor (NASDAQ:ASOGet Ranking) final posted its quarterly earnings outcomes on Tuesday, June seventh. The corporate reported $1.73 EPS for the quarter, beating the consensus estimate of $1.41 by $0.32. Academy Sports activities and Outdoor had a internet margin of 9.66% and a return on fairness of 47.24%. The enterprise had income of $1.47 billion throughout the quarter, in comparison with analyst estimates of $1.45 billion. Throughout the identical interval within the earlier yr, the enterprise posted $1.89 EPS. The corporate’s quarterly income was down 7.1% on a year-over-year foundation. Equities analysts forecast that Academy Sports activities and Outdoor, Inc. will put up 7.06 earnings per share for the present yr.

The corporate additionally just lately introduced a quarterly dividend, which shall be paid on Thursday, July 14th. Shareholders of report on Thursday, June sixteenth shall be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized foundation and a yield of 0.80%. The ex-dividend date is Wednesday, June fifteenth. Academy Sports activities and Outdoor’s payout ratio is 4.30%.

A number of equities analysis analysts just lately issued experiences on the inventory. Truist Monetary assumed protection on shares of Academy Sports activities and Outdoor in a analysis notice on Wednesday, Might eleventh. They set a “purchase” score and a $53.00 value goal on the inventory. The Goldman Sachs Group dropped their goal value on shares of Academy Sports activities and Outdoor from $61.00 to $49.00 and set a “purchase” score for the corporate in a analysis report on Wednesday, Might 4th. Stephens boosted their goal value on shares of Academy Sports activities and Outdoor from $70.00 to $72.00 and gave the inventory an “obese” score in a analysis report on Wednesday, June eighth. Loop Capital boosted their goal value on shares of Academy Sports activities and Outdoor from $43.00 to $50.00 in a analysis report on Wednesday, March thirtieth. Lastly, UBS Group dropped their goal value on shares of Academy Sports activities and Outdoor to $55.00 in a analysis report on Thursday, June ninth. Twelve analysis analysts have rated the inventory with a purchase score, Based on information from MarketBeat, Academy Sports activities and Outdoor presently has a consensus score of “Purchase” and a mean goal value of $55.08.

Academy Sports activities and Outdoor Firm Profile (Get Ranking)

Academy Sports activities and Outdoor, Inc, by means 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 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, taking pictures equipment, optics, airguns, and looking 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 forth.

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

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