Foot Locker, Inc. (FL) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd decreased its position in shares of Foot Locker, Inc. (NYSE:FL) by 49.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,004 shares of the athletic footwear retailer’s stock after selling 5,866 shares during the quarter. WINTON GROUP Ltd’s holdings in Foot Locker were worth $281,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FL. Nationwide Fund Advisors boosted its holdings in shares of Foot Locker by 32.4% during the 3rd quarter. Nationwide Fund Advisors now owns 50,182 shares of the athletic footwear retailer’s stock valued at $1,767,000 after acquiring an additional 12,285 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Foot Locker during the 3rd quarter valued at $1,137,000. Crossmark Global Holdings Inc. acquired a new stake in shares of Foot Locker during the 3rd quarter valued at $341,000. State of Wisconsin Investment Board boosted its holdings in shares of Foot Locker by 5.6% during the 3rd quarter. State of Wisconsin Investment Board now owns 121,616 shares of the athletic footwear retailer’s stock valued at $4,283,000 after acquiring an additional 6,408 shares in the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Foot Locker by 0.5% during the 3rd quarter. Swiss National Bank now owns 484,900 shares of the athletic footwear retailer’s stock valued at $17,078,000 after acquiring an additional 2,400 shares in the last quarter. 96.38% of the stock is currently owned by institutional investors.

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FL stock opened at $46.46 on Friday. Foot Locker, Inc. has a 1-year low of $28.42 and a 1-year high of $77.86. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.14 and a quick ratio of 2.07. The stock has a market capitalization of $5,792.39, a PE ratio of 11.30, a price-to-earnings-growth ratio of 1.67 and a beta of 0.85.

Foot Locker (NYSE:FL) last posted its quarterly earnings data on Friday, March 2nd. The athletic footwear retailer reported $1.26 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.01. Foot Locker had a return on equity of 19.32% and a net margin of 3.65%. The firm had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.23 billion. During the same period last year, the company posted $1.37 EPS. The business’s quarterly revenue was up 4.6% on a year-over-year basis. analysts expect that Foot Locker, Inc. will post 4.4 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 4th. Investors of record on Friday, April 20th will be given a $0.345 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 2.97%. This is a positive change from Foot Locker’s previous quarterly dividend of $0.31. The ex-dividend date is Thursday, April 19th. Foot Locker’s payout ratio is presently 30.17%.

Several equities research analysts recently weighed in on the company. Deutsche Bank set a $58.00 price objective on Foot Locker and gave the company a “buy” rating in a report on Wednesday. CIBC raised Foot Locker from a “market perform” rating to an “outperform” rating and set a $70.00 price objective on the stock in a report on Wednesday, January 31st. Buckingham Research cut their target price on Foot Locker from $57.00 to $53.00 and set a “buy” rating on the stock in a report on Monday, March 5th. Zacks Investment Research downgraded Foot Locker from a “buy” rating to a “hold” rating in a report on Monday, March 12th. Finally, Citigroup cut their target price on Foot Locker from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Monday, March 5th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and sixteen have given a buy rating to the company. Foot Locker currently has a consensus rating of “Hold” and a consensus price target of $54.75.

In related news, Director Matthew M. Mckenna sold 10,899 shares of the business’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $45.82, for a total value of $499,392.18. Following the completion of the sale, the director now directly owns 35,000 shares of the company’s stock, valued at approximately $1,603,700. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Richard A. Johnson sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $50.05, for a total value of $1,251,250.00. The disclosure for this sale can be found here. Insiders sold a total of 69,442 shares of company stock valued at $3,338,499 over the last ninety days. 2.90% of the stock is currently owned by corporate insiders.

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About Foot Locker

Foot Locker, Inc is a retailer of shoes and apparel. The Company operates through two segments: Athletic Stores and Direct-to-Customers. The Company is an athletic footwear and apparel retailer, which include businesses, such as include Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.

Institutional Ownership by Quarter for Foot Locker (NYSE:FL)

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