Mitsubishi UFJ Belief & Banking Corp Grows Stake in DICK’S Sporting Items, Inc. (NYSE:DKS)

Mitsubishi UFJ Belief & Banking Corp raised its stake in DICK’S Sporting Items, Inc. (NYSE:DKSGet Score) by 0.8% throughout the first quarter, based on the corporate in its most up-to-date Type 13F submitting with the Securities & Change Fee. The fund owned 40,088 shares of the sporting items retailer’s inventory after buying a further 331 shares throughout the quarter. Mitsubishi UFJ Belief & Banking Corp’s holdings in DICK’S Sporting Items had been price $4,009,000 as of its most up-to-date submitting with the Securities & Change Fee.

Plenty of different hedge funds and different institutional buyers have additionally just lately added to or lowered their stakes within the inventory. O Shaughnessy Asset Administration LLC lifted its stake in shares of DICK’S Sporting Items by 3.0% throughout the 4th quarter. O Shaughnessy Asset Administration LLC now owns 6,356 shares of the sporting items retailer’s inventory valued at $731,000 after shopping for a further 183 shares within the final quarter. IHT Wealth Administration LLC bought a brand new stake in shares of DICK’S Sporting Items throughout the 4th quarter valued at roughly $260,000. Nationwide Financial institution of Canada FI lifted its stake in shares of DICK’S Sporting Items by 413.8% throughout the 1st quarter. Nationwide Financial institution of Canada FI now owns 3,211 shares of the sporting items retailer’s inventory valued at $341,000 after shopping for a further 2,586 shares within the final quarter. Parametrica Administration Ltd bought a brand new stake in shares of DICK’S Sporting Items throughout the 1st quarter valued at roughly $345,000. Lastly, B. Riley Wealth Administration Inc. lifted its stake in shares of DICK’S Sporting Items by 6.4% throughout the 4th quarter. B. Riley Wealth Administration Inc. now owns 4,916 shares of the sporting items retailer’s inventory valued at $565,000 after shopping for a further 295 shares within the final quarter. 78.85% of the inventory is presently owned by hedge funds and different institutional buyers.

Insider Shopping for and Promoting at DICK’S Sporting Items

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 had been offered at a median worth of $109.70, for a complete transaction of $1,779,224.30. Following the completion of the sale, the senior vp now owns 27,231 shares of the corporate’s inventory, valued at roughly $2,987,240.70. The sale was disclosed in a submitting with the Securities & Change Fee, which is obtainable at 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 had been offered at a median worth of $109.70, for a complete transaction of $1,779,224.30. Following the completion of the sale, the senior vp now owns 27,231 shares of the corporate’s inventory, valued at roughly $2,987,240.70. The sale was disclosed in a submitting with the Securities & Change Fee, which is obtainable at this hyperlink. Additionally, CEO Lauren R. Hobart offered 53,486 shares of the inventory in a transaction on Wednesday, August twenty fourth. The shares had been offered at a median worth of $110.21, for a complete transaction of $5,894,692.06. Following the sale, the chief govt officer now instantly owns 316,661 shares of the corporate’s inventory, valued at roughly $34,899,208.81. The disclosure for this sale will be discovered right here. 32.83% of the inventory is presently owned by company insiders.

DICK’S Sporting Items Value Efficiency

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DKS inventory opened at $108.23 on Friday. The corporate has a debt-to-equity ratio of 0.85, a fast ratio of 0.75 and a present ratio of 1.82. DICK’S Sporting Items, Inc. has a 52 week low of $63.45 and a 52 week excessive of $147.39. The agency’s fifty day transferring common is $95.25 and its 200 day transferring common is $95.73. The agency has a market cap of $8.72 billion, a P/E ratio of 9.28, a P/E/G ratio of 1.88 and a beta of 1.63.

DICK’S Sporting Items (NYSE:DKSGet Score) final launched its earnings outcomes on Tuesday, August twenty third. The sporting items retailer reported $3.68 EPS for the quarter, beating the consensus estimate of $3.51 by $0.17. DICK’S Sporting Items had a internet margin of 10.42% and a return on fairness of 55.70%. The corporate had income of $3.11 billion for the quarter, in comparison with analyst estimates of $3.07 billion. Throughout the identical quarter final 12 months, the agency earned $5.08 EPS. The agency’s quarterly income was down 5.0% in comparison with the identical quarter final 12 months. Analysis analysts predict that DICK’S Sporting Items, Inc. will put up 11.33 earnings per share for the present 12 months.

DICK’S Sporting Items Dividend Announcement

The corporate additionally just lately declared a quarterly dividend, which will likely be paid on Friday, September thirtieth. Shareholders of report on Friday, September ninth will likely be given a dividend of $0.488 per share. The ex-dividend date is Thursday, September eighth. This represents a $1.95 annualized dividend and a yield of 1.80%. DICK’S Sporting Items’s payout ratio is presently 16.72%.

Analysts Set New Value Targets

Plenty of analysts just lately commented on the inventory. Wedbush dropped their worth goal on shares of DICK’S Sporting Items from $140.00 to $110.00 in a analysis be aware on Thursday, Might twenty sixth. Barclays upped their goal worth on shares of DICK’S Sporting Items from $106.00 to $125.00 and gave the inventory an “obese” score in a report on Wednesday, August twenty fourth. Robert W. Baird upped their goal worth on shares of DICK’S Sporting Items from $85.00 to $115.00 in a report on Tuesday, August twenty third. Citigroup upped their goal worth on shares of DICK’S Sporting Items from $132.00 to $136.00 in a report on Wednesday, August twenty fourth. Lastly, The Goldman Sachs Group upped their goal worth on shares of DICK’S Sporting Items from $105.00 to $125.00 and gave the inventory a “purchase” score in a report on Wednesday, August twenty fourth. One analysis analyst has rated the inventory with a promote score, seven have assigned a maintain score and twelve have issued a purchase score to the inventory. In keeping with knowledge from MarketBeat, the inventory presently has a consensus score of “Average Purchase” and a consensus goal worth of $123.39.

About DICK’S Sporting Items

(Get Score)

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

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

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