Ellington Management Group LLC acquired a new stake in shares of Sportsman’s Warehouse (NASDAQ:SPWH) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 70,700 shares of the company’s stock, valued at approximately $467,000. Ellington Management Group LLC owned about 0.17% of Sportsman’s Warehouse as of its most recent filing with the SEC.
A number of other hedge funds have also recently made changes to their positions in SPWH. Towle & Co. grew its position in Sportsman’s Warehouse by 55.9% during the 4th quarter. Towle & Co. now owns 3,865,025 shares of the company’s stock valued at $25,548,000 after purchasing an additional 1,385,209 shares during the last quarter. Boston Private Wealth LLC grew its position in Sportsman’s Warehouse by 69.0% during the 3rd quarter. Boston Private Wealth LLC now owns 2,112,000 shares of the company’s stock valued at $9,525,000 after purchasing an additional 862,000 shares during the last quarter. Uniplan Investment Counsel Inc. purchased a new stake in Sportsman’s Warehouse during the 3rd quarter valued at about $3,085,000. Weber Alan W grew its position in Sportsman’s Warehouse by 107.8% during the 3rd quarter. Weber Alan W now owns 685,900 shares of the company’s stock valued at $3,093,000 after purchasing an additional 355,900 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Sportsman’s Warehouse by 55.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock valued at $5,214,000 after purchasing an additional 345,564 shares during the last quarter. 97.75% of the stock is currently owned by institutional investors.
Shares of NASDAQ SPWH opened at $4.99 on Friday. The company has a current ratio of 1.80, a quick ratio of 0.03 and a debt-to-equity ratio of 2.66. The stock has a market cap of $195.62, a PE ratio of 9.98, a P/E/G ratio of 0.78 and a beta of -0.65. Sportsman’s Warehouse has a 52-week low of $3.40 and a 52-week high of $6.99.
Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings data on Wednesday, March 28th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.07). The business had revenue of $243.17 million during the quarter, compared to analysts’ expectations of $241.93 million. Sportsman’s Warehouse had a return on equity of 56.40% and a net margin of 2.19%. equities research analysts forecast that Sportsman’s Warehouse will post 0.59 earnings per share for the current fiscal year.
A number of brokerages have recently issued reports on SPWH. Zacks Investment Research downgraded shares of Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. Robert W. Baird reaffirmed a “neutral” rating and set a $5.00 price target on shares of Sportsman’s Warehouse in a report on Thursday, March 15th. ValuEngine downgraded shares of Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Finally, BidaskClub raised shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a report on Saturday, December 30th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Sportsman’s Warehouse presently has an average rating of “Hold” and an average target price of $5.50.
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Sportsman’s Warehouse Profile
Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.
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