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

Virginia Retirement Techniques ET AL grew its holdings in Academy Sports activities and Open air, Inc. (NASDAQ:ASOGet Score) by 139.6% through the first quarter, in line with the corporate in its most up-to-date submitting with the Securities and Change Fee. The agency owned 25,400 shares of the corporate’s inventory after buying an extra 14,800 shares through the interval. Virginia Retirement Techniques ET AL’s holdings in Academy Sports activities and Open air 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 Open air by 24.9% through the 4th quarter. Alliancebernstein L.P. now owns 1,092,200 shares of the corporate’s inventory price $47,948,000 after shopping for an extra 217,857 shares through the interval. UBS Asset Administration Americas Inc. elevated its stake in Academy Sports activities and Open air by 195.9% through 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 an extra 32,574 shares through the interval. Tensile Capital Administration LP elevated its stake in Academy Sports activities and Open air by 11.4% through the 4th quarter. Tensile Capital Administration LP now owns 849,784 shares of the corporate’s inventory price $37,306,000 after shopping for an extra 87,089 shares through the interval. Mitsubishi UFJ Belief & Banking Corp elevated its stake in Academy Sports activities and Open air by 65.0% through the 4th quarter. Mitsubishi UFJ Belief & Banking Corp now owns 13,200 shares of the corporate’s inventory price $579,000 after shopping for an extra 5,200 shares through the interval. Lastly, Brinker Capital Investments LLC bought a brand new stake in Academy Sports activities and Open air through the 4th quarter price $465,000. 89.94% of the inventory is at the moment owned by institutional buyers and hedge funds.

NASDAQ ASO opened at $37.69 on Friday. Academy Sports activities and Open air, Inc. has a one yr low of $25.10 and a one yr excessive of $51.08. The corporate has a 50-day easy transferring common of $35.43 and a 200-day easy transferring 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 Open air (NASDAQ:ASOGet Score) 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 Open air had a web margin of 9.66% and a return on fairness of 47.24%. The enterprise had income of $1.47 billion through 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 Open air, Inc. will submit 7.06 earnings per share for the present yr.

The corporate additionally just lately introduced a quarterly dividend, which will probably be paid on Thursday, July 14th. Shareholders of report on Thursday, June sixteenth will probably 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 Open air’s payout ratio is 4.30%.

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

Academy Sports activities and Open air Firm Profile (Get Score)

Academy Sports activities and Open air, 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, capturing equipment, optics, airguns, and searching gear; group 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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