Deutsche Bank AG trimmed its position in shares of Sportsman’s Warehouse (NASDAQ:SPWH) by 10.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 579,138 shares of the company’s stock after selling 65,596 shares during the quarter. Deutsche Bank AG owned approximately 1.36% of Sportsman’s Warehouse worth $3,827,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of SPWH. Towle & Co. boosted 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 acquiring an additional 1,385,209 shares in the last quarter. Weber Alan W boosted its position in Sportsman’s Warehouse by 22.6% during the 4th quarter. Weber Alan W now owns 840,900 shares of the company’s stock valued at $5,558,000 after acquiring an additional 155,000 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Sportsman’s Warehouse by 159.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 249,500 shares of the company’s stock valued at $1,126,000 after acquiring an additional 153,200 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in Sportsman’s Warehouse during the 3rd quarter valued at approximately $600,000. Finally, Boston Partners boosted its position in Sportsman’s Warehouse by 3.5% during the 4th quarter. Boston Partners now owns 2,836,248 shares of the company’s stock valued at $18,748,000 after acquiring an additional 95,624 shares in the last quarter. 97.66% of the stock is currently owned by institutional investors and hedge funds.
Several equities analysts have recently issued reports on the stock. Robert W. Baird reiterated a “buy” rating and set a $8.00 target price on shares of Sportsman’s Warehouse in a report on Wednesday, January 3rd. Zacks Investment Research upgraded shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Saturday, December 30th. BidaskClub upgraded shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a report on Saturday, December 30th. Finally, ValuEngine lowered shares of Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Sportsman’s Warehouse currently has an average rating of “Hold” and a consensus price target of $5.50.
SPWH stock opened at $4.89 on Wednesday. Sportsman’s Warehouse has a 52-week low of $3.40 and a 52-week high of $6.99. The company has a market cap of $212.66, a PE ratio of 9.78, a price-to-earnings-growth ratio of 0.85 and a beta of -0.64. The company has a quick ratio of 0.07, a current ratio of 1.80 and a debt-to-equity ratio of 2.66.
Sportsman’s Warehouse (NASDAQ:SPWH) last released its earnings results on Wednesday, March 28th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.07). Sportsman’s Warehouse had a net margin of 2.19% and a return on equity of 56.40%. The business had revenue of $243.17 million for the quarter, compared to analysts’ expectations of $241.93 million. sell-side analysts predict that Sportsman’s Warehouse will post 0.59 EPS for the current year.
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Sportsman’s Warehouse Company 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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