DICK’S Sporting Items, Inc. (NYSE:DKS) Shares Acquired by Van ECK Associates Corp

Van ECK Associates Corp boosted its holdings in shares of DICK’S Sporting Items, Inc. (NYSE:DKSGet Score) by 15.9% within the 1st quarter, in accordance with the corporate in its most up-to-date disclosure with the Securities and Trade Fee (SEC). The fund owned 1,688 shares of the sporting items retailer’s inventory after buying an extra 232 shares through the interval. Van ECK Associates Corp’s holdings in DICK’S Sporting Items have been value $169,000 on the finish of the newest quarter.

A number of different institutional buyers and hedge funds have additionally added to or lowered their stakes in DKS. Geode Capital Administration LLC raised its holdings in shares of DICK’S Sporting Items by 17.0% through the fourth quarter. Geode Capital Administration LLC now owns 1,088,733 shares of the sporting items retailer’s inventory valued at $125,197,000 after buying an extra 158,201 shares through the interval. Renaissance Applied sciences LLC raised its holdings in shares of DICK’S Sporting Items by 9.8% through the fourth quarter. Renaissance Applied sciences LLC now owns 423,818 shares of the sporting items retailer’s inventory valued at $48,735,000 after buying an extra 37,818 shares through the interval. Wedge Capital Administration L L P NC raised its holdings in shares of DICK’S Sporting Items by 1.3% through the first quarter. Wedge Capital Administration L L P NC now owns 367,425 shares of the sporting items retailer’s inventory valued at $36,750,000 after buying an extra 4,875 shares through the interval. TCW Group Inc. raised its holdings in shares of DICK’S Sporting Items by 19.1% through the first quarter. TCW Group Inc. now owns 359,570 shares of the sporting items retailer’s inventory valued at $35,964,000 after buying an extra 57,747 shares through the interval. Lastly, HS Administration Companions LLC acquired a brand new stake in shares of DICK’S Sporting Items through the fourth quarter valued at roughly $34,787,000. 78.92% of the inventory is owned by institutional buyers and hedge funds.

DICK’S Sporting Items Worth Efficiency

NYSE DKS opened at $106.74 on Friday. The corporate has a present ratio of 1.82, a fast ratio of 0.87 and a debt-to-equity ratio of 0.85. The corporate has a fifty day easy shifting common of $92.70 and a 200 day easy shifting common of $95.75. The corporate has a market cap of $8.60 billion, a P/E ratio of 9.15, a P/E/G ratio of 1.94 and a beta of 1.63. DICK’S Sporting Items, Inc. has a 1 yr low of $63.45 and a 1 yr excessive of $147.39.

Need Extra Nice Investing Concepts?

DICK’S Sporting Items (NYSE:DKSGet Score) final posted its quarterly earnings knowledge on Tuesday, August twenty third. The sporting items retailer reported $3.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.51 by $0.17. The enterprise had income of $3.11 billion through the quarter, in comparison with the consensus estimate of $3.07 billion. DICK’S Sporting Items had a internet margin of 10.42% and a return on fairness of 55.70%. DICK’S Sporting Items’s quarterly income was down 5.0% in comparison with the identical quarter final yr. Throughout the identical interval within the prior yr, the agency earned $5.08 EPS. On common, sell-side analysts predict that DICK’S Sporting Items, Inc. will submit 11.14 EPS for the present yr.

DICK’S Sporting Items Declares Dividend

The corporate additionally not too long ago disclosed a quarterly dividend, which might be paid on Friday, September thirtieth. Buyers of file on Friday, September ninth might be issued a dividend of $0.488 per share. This represents a $1.95 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend is Thursday, September eighth. DICK’S Sporting Items’s dividend payout ratio is at present 16.72%.

Insider Shopping for and Promoting

In associated information, CEO Lauren R. Hobart offered 53,486 shares of the corporate’s inventory in a transaction on Wednesday, August twenty fourth. The shares have been offered at a median worth of $110.21, for a complete transaction of $5,894,692.06. Following the completion of the sale, the chief government officer now immediately owns 316,661 shares of the corporate’s inventory, valued at roughly $34,899,208.81. The transaction was disclosed in a authorized submitting with the SEC, which is out there by means of this hyperlink. In different DICK’S Sporting Items information, SVP John Edward Hayes III offered 16,219 shares of the inventory in a transaction on Wednesday, August twenty fourth. The shares have been offered at a median worth of $109.70, for a complete worth of $1,779,224.30. Following the completion of the sale, the senior vice chairman now immediately owns 27,231 shares of the corporate’s inventory, valued at roughly $2,987,240.70. The sale was disclosed in a authorized submitting with the SEC, which is out there by means of the SEC web site. Additionally, CEO Lauren R. Hobart offered 53,486 shares of the inventory in a transaction on Wednesday, August twenty fourth. The shares have been offered at a median worth of $110.21, for a complete transaction of $5,894,692.06. Following the completion of the sale, the chief government officer now immediately owns 316,661 shares of the corporate’s inventory, valued at $34,899,208.81. The disclosure for this sale might be discovered right here. 32.83% of the inventory is owned by insiders.

Wall Avenue Analyst Weigh In

Plenty of analysis corporations have not too long ago issued experiences on DKS. Telsey Advisory Group boosted their worth goal on shares of DICK’S Sporting Items from $110.00 to $125.00 and gave the corporate an “outperform” score in a report on Friday, August nineteenth. Barclays boosted their worth goal on shares of DICK’S Sporting Items from $106.00 to $125.00 and gave the corporate an “chubby” score in a report on Wednesday. OTR International upgraded shares of DICK’S Sporting Items from a “blended” score to a “constructive” score in a analysis word on Wednesday, August seventeenth. UBS Group upped their worth goal on shares of DICK’S Sporting Items from $102.00 to $112.00 and gave the corporate a “impartial” score in a analysis word on Wednesday. Lastly, Stifel Nicolaus upped their worth goal on shares of DICK’S Sporting Items from $84.00 to $100.00 in a analysis word on Wednesday. One analyst has rated the inventory with a promote score, seven have given a maintain score and twelve have given a purchase score to the corporate’s inventory. In line with knowledge from MarketBeat.com, the inventory has a consensus score of “Reasonable Purchase” and a median goal worth of $123.39.

DICK’S Sporting Items Firm Profile

(Get Score)

DICK’S Sporting Items, Inc, along with its subsidiaries, operates as a sporting items retailer primarily within the jap United States. The corporate gives hardlines, together with sporting items tools, health tools, golf tools, and searching and fishing gear merchandise; attire; and footwear and equipment.

Learn Extra

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Institutional Ownership by Quarter for DICK'S Sporting Goods (NYSE:DKS)

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