Big Lots, Inc. (BIG) Position Boosted by Quantbot Technologies LP

Quantbot Technologies LP boosted its position in shares of Big Lots, Inc. (NYSE:BIG) by 110.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,125 shares of the company’s stock after acquiring an additional 10,020 shares during the period. Quantbot Technologies LP’s holdings in Big Lots were worth $799,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. BlackRock Inc. grew its stake in Big Lots by 1.8% during the second quarter. BlackRock Inc. now owns 5,110,859 shares of the company’s stock valued at $213,532,000 after acquiring an additional 90,820 shares in the last quarter. LSV Asset Management grew its stake in Big Lots by 13.8% during the second quarter. LSV Asset Management now owns 2,563,773 shares of the company’s stock valued at $107,114,000 after acquiring an additional 310,800 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Big Lots by 9.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,594,589 shares of the company’s stock valued at $66,623,000 after acquiring an additional 132,458 shares in the last quarter. Victory Capital Management Inc. grew its stake in Big Lots by 15.7% in the 3rd quarter. Victory Capital Management Inc. now owns 945,276 shares of the company’s stock worth $39,503,000 after buying an additional 128,370 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Big Lots by 1.2% in the 2nd quarter. Northern Trust Corp now owns 868,651 shares of the company’s stock worth $36,293,000 after buying an additional 9,884 shares in the last quarter.

A number of research firms have commented on BIG. Piper Jaffray Companies raised shares of Big Lots from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $43.00 to $53.00 in a research note on Monday, November 19th. Bank of America began coverage on shares of Big Lots in a research note on Monday, November 5th. They issued a “buy” rating and a $56.00 price target for the company. ValuEngine raised shares of Big Lots from a “strong sell” rating to a “sell” rating in a research note on Thursday, October 11th. Loop Capital boosted their price target on shares of Big Lots from $48.00 to $48.00 and gave the stock a “hold” rating in a research note on Monday, August 27th. Finally, TheStreet raised shares of Big Lots from a “c+” rating to a “b-” rating in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $51.81.

BIG stock opened at $41.91 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.69 and a quick ratio of 0.32. Big Lots, Inc. has a one year low of $36.20 and a one year high of $64.42. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 9.42, a P/E/G ratio of 1.07 and a beta of 0.95.

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About Big Lots

Big Lots, Inc, through its subsidiaries, operates as a community retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattress, case goods, and ready-to-assemble departments; seasonal category, which comprises Christmas trim, lawn and garden, summer, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home décor, and frames departments; and food category that includes beverage and grocery, candy and snacks, and specialty foods departments.

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Institutional Ownership by Quarter for Big Lots (NYSE:BIG)

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