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

Virginia Retirement Techniques ET AL grew its holdings in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASOGet Score) by 139.6% throughout the first quarter, based on 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 an extra 14,800 shares throughout the interval. Virginia Retirement Techniques ET AL’s holdings in Academy Sports activities and Outdoor had been value $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 value $47,948,000 after shopping for an extra 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 value $1,969,000 after shopping for an extra 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 value $37,306,000 after shopping for an extra 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 value $579,000 after shopping for an extra 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 value $465,000. 89.94% of the inventory is at the moment owned by institutional traders 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 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 Outdoor (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 Outdoor had a web 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 lately introduced a quarterly dividend, which will probably be paid on Thursday, July 14th. Shareholders of file 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 Outdoor’s payout ratio is 4.30%.

A number of equities analysis analysts lately issued stories on the inventory. Truist Monetary assumed protection on shares of Academy Sports activities and Outdoor in a analysis be aware on Wednesday, Might eleventh. They set a “purchase” score and a $53.00 worth goal on the inventory. The Goldman Sachs Group dropped their goal worth 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 worth 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 worth 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 worth 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, In line with knowledge from MarketBeat, Academy Sports activities and Outdoor at the moment has a consensus score of “Purchase” and a mean goal worth of $55.08.

Academy Sports activities and Outdoor Firm Profile (Get Score)

Academy Sports activities and Outdoor, Inc, by its subsidiaries, operates as a sporting items and out of doors leisure merchandise retailer in the US. The corporate sells coolers and drinkware, tenting equipment, tenting tools, sun shades, backpacks, and sports activities baggage; marine tools and fishing rods, reels, baits, and tools; firearms, ammunition, archery and archery tools, camouflage attire, waders, taking pictures equipment, optics, airguns, and looking tools; staff sports activities tools, together with baseball, soccer, basketball, soccer, golf, racket sports activities, and volleyball; health tools and equipment, and diet 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 many others.

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

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