North Star Investment Management Corp. lowered its holdings in Boot Barn Holdings, Inc. (NYSE:BOOT) by 47.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,100 shares of the company’s stock after selling 85,000 shares during the quarter. North Star Investment Management Corp. owned 0.36% of Boot Barn worth $1,580,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. GSA Capital Partners LLP bought a new stake in Boot Barn in the third quarter valued at about $1,261,000. Cubist Systematic Strategies LLC bought a new stake in Boot Barn in the third quarter valued at about $151,000. Dimensional Fund Advisors LP increased its stake in Boot Barn by 38.0% in the third quarter. Dimensional Fund Advisors LP now owns 865,400 shares of the company’s stock valued at $7,702,000 after acquiring an additional 238,407 shares during the period. Citadel Advisors LLC increased its stake in Boot Barn by 1.8% in the third quarter. Citadel Advisors LLC now owns 540,305 shares of the company’s stock valued at $4,808,000 after acquiring an additional 9,437 shares during the period. Finally, GMT Capital Corp bought a new stake in Boot Barn in the third quarter valued at about $3,492,000.
BOOT has been the topic of a number of analyst reports. Jefferies Group reissued a “buy” rating and issued a $20.00 target price on shares of Boot Barn in a research note on Monday, December 18th. BidaskClub upgraded shares of Boot Barn from a “hold” rating to a “buy” rating in a research report on Saturday, November 11th. Citigroup boosted their price target on shares of Boot Barn from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Robert W. Baird restated a “buy” rating and issued a $11.00 price target on shares of Boot Barn in a research report on Friday, October 13th. Finally, Zacks Investment Research upgraded shares of Boot Barn from a “hold” rating to a “buy” rating and set a $9.75 price target on the stock in a research report on Tuesday, October 3rd. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Boot Barn presently has a consensus rating of “Buy” and an average price target of $13.64.
Boot Barn Holdings, Inc. (BOOT) opened at $19.01 on Friday. The company has a market cap of $507.63, a PE ratio of 34.56, a price-to-earnings-growth ratio of 1.77 and a beta of 1.79. Boot Barn Holdings, Inc. has a 12-month low of $5.90 and a 12-month high of $19.30. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.32 and a quick ratio of 0.16.
Boot Barn (NYSE:BOOT) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.04 EPS for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.02. The firm had revenue of $143.10 million for the quarter, compared to analyst estimates of $139.92 million. Boot Barn had a net margin of 2.32% and a return on equity of 8.70%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.02 earnings per share. equities research analysts predict that Boot Barn Holdings, Inc. will post 0.61 EPS for the current year.
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Boot Barn Company Profile
Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.
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