LaSalle Street Capital Management LLC Buys 25,573 Shares of Sportsman’s Warehouse Holdings, Inc. (SPWH)

LaSalle Street Capital Management LLC lifted its stake in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 66.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,969 shares of the company’s stock after acquiring an additional 25,573 shares during the quarter. LaSalle Street Capital Management LLC owned 0.15% of Sportsman’s Warehouse worth $289,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPWH. Towle & Co. purchased a new stake in shares of Sportsman’s Warehouse during the third quarter worth $11,184,000. Boston Private Wealth LLC purchased a new stake in shares of Sportsman’s Warehouse during the second quarter worth $6,750,000. Dimensional Fund Advisors LP raised its holdings in shares of Sportsman’s Warehouse by 55.7% during the second quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock worth $5,214,000 after acquiring an additional 345,564 shares in the last quarter. Goodnow Investment Group LLC raised its holdings in shares of Sportsman’s Warehouse by 125.3% during the second quarter. Goodnow Investment Group LLC now owns 488,812 shares of the company’s stock worth $2,640,000 after acquiring an additional 271,840 shares in the last quarter. Finally, Quantum Capital Management raised its holdings in shares of Sportsman’s Warehouse by 1,474.0% during the third quarter. Quantum Capital Management now owns 190,228 shares of the company’s stock worth $858,000 after acquiring an additional 178,142 shares in the last quarter.

Several analysts recently issued reports on the company. ValuEngine upgraded Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a report on Friday. Zacks Investment Research lowered Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a report on Tuesday, November 21st. Forward View set a $4.00 target price on Sportsman’s Warehouse and gave the company a “hold” rating in a report on Saturday, November 18th. Ifs Securities upgraded Sportsman’s Warehouse from a “market perform” rating to an “outperform” rating and set a $5.00 target price on the stock in a report on Friday, November 17th. Finally, Piper Jaffray Companies set a $5.00 target price on Sportsman’s Warehouse and gave the company a “hold” rating in a report on Thursday, November 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. Sportsman’s Warehouse presently has an average rating of “Buy” and an average target price of $6.50.

Sportsman’s Warehouse Holdings, Inc. (NASDAQ SPWH) traded up $0.20 during trading on Monday, hitting $5.42. The stock had a trading volume of 882,884 shares, compared to its average volume of 840,188. Sportsman’s Warehouse Holdings, Inc. has a twelve month low of $3.40 and a twelve month high of $9.86. The company has a market capitalization of $222.26, a price-to-earnings ratio of 9.49, a PEG ratio of 0.92 and a beta of -0.66. The company has a quick ratio of 0.03, a current ratio of 1.54 and a debt-to-equity ratio of 3.09.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its earnings results on Thursday, November 16th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Sportsman’s Warehouse had a return on equity of 71.55% and a net margin of 2.84%. The firm had revenue of $218.10 million for the quarter, compared to analyst estimates of $222.59 million. During the same period last year, the business earned $0.25 earnings per share. The firm’s quarterly revenue was up .4% compared to the same quarter last year. analysts predict that Sportsman’s Warehouse Holdings, Inc. will post 0.57 earnings per share for the current year.

WARNING: This news story was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2017/12/05/sportsmans-warehouse-holdings-inc-spwh-position-increased-by-lasalle-street-capital-management-llc.html.

About Sportsman’s Warehouse

Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.

Institutional Ownership by Quarter for Sportsman`s Warehouse (NASDAQ:SPWH)

Receive News & Ratings for Sportsman's Warehouse Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sportsman's Warehouse Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply