Mutual of America Capital Administration LLC Invests $498,000 in Academy Sports activities and Outside, Inc. (NASDAQ:ASO)

Mutual of America Capital Administration LLC acquired a brand new place in shares of Academy Sports activities and Outside, Inc. (NASDAQ:ASOGet Score) within the 1st quarter, based on its most up-to-date submitting with the Securities & Alternate Fee. The fund acquired 12,630 shares of the corporate’s inventory, valued at roughly $498,000.

A number of different hedge funds and different institutional buyers have additionally made adjustments to their positions within the enterprise. Allspring International Investments Holdings LLC purchased a brand new stake in Academy Sports activities and Outside throughout the fourth quarter price roughly $1,865,000. Meritage Portfolio Administration raised its holdings in Academy Sports activities and Outside by 5.4% throughout the fourth quarter. Meritage Portfolio Administration now owns 6,307 shares of the corporate’s inventory price $277,000 after buying an extra 323 shares within the final quarter. Teamwork Monetary Advisors LLC purchased a brand new stake in Academy Sports activities and Outside throughout the fourth quarter price roughly $324,000. Robeco Institutional Asset Administration B.V. purchased a brand new stake in Academy Sports activities and Outside throughout the fourth quarter price roughly $332,000. Lastly, Chimera Capital Administration LLC purchased a brand new stake in Academy Sports activities and Outside throughout the fourth quarter price roughly $15,246,000. 89.94% of the inventory is presently owned by institutional buyers and hedge funds.

Academy Sports activities and Outside Buying and selling Up 2.1 %

NASDAQ ASO opened at $43.03 on Friday. Academy Sports activities and Outside, Inc. has a twelve month low of $25.10 and a twelve month excessive of $51.08. The corporate has a debt-to-equity ratio of 0.45, a fast ratio of 0.44 and a present ratio of 1.56. The inventory has a market cap of $3.66 billion, a price-to-earnings ratio of 6.17, a PEG ratio of 0.61 and a beta of 1.32. The agency’s 50 day transferring common value is $36.92 and its two-hundred day transferring common value is $36.81.

Academy Sports activities and Outside (NASDAQ:ASOGet Score) final posted its quarterly earnings knowledge on Tuesday, June seventh. The corporate reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.32. Academy Sports activities and Outside had a web margin of 9.66% and a return on fairness of 47.24%. The agency had income of $1.47 billion for the quarter, in comparison with analysts’ expectations of $1.45 billion. Throughout the identical interval within the earlier 12 months, the corporate posted $1.89 EPS. The corporate’s quarterly income was down 7.1% in comparison with the identical quarter final 12 months. Equities analysts anticipate that Academy Sports activities and Outside, Inc. will put up 7.05 EPS for the present 12 months.

Academy Sports activities and Outside Dividend Announcement

The enterprise additionally just lately declared a quarterly dividend, which was paid on Thursday, July 14th. Stockholders of file on Thursday, June sixteenth have been issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.70%. The ex-dividend date was Wednesday, June fifteenth. Academy Sports activities and Outside’s dividend payout ratio is presently 4.30%.

Wall Avenue Analyst Weigh In

A number of equities analysis analysts just lately commented on the corporate. UBS Group dropped their goal value on Academy Sports activities and Outside to $55.00 in a report on Thursday, June ninth. Stephens upped their value goal on Academy Sports activities and Outside from $70.00 to $72.00 and gave the corporate an “chubby” score in a report on Wednesday, June eighth. Truist Monetary initiated protection on Academy Sports activities and Outside in a report on Wednesday, Might eleventh. They issued a “purchase” score and a $53.00 value goal on the inventory. Lastly, The Goldman Sachs Group dropped their value goal on Academy Sports activities and Outside from $61.00 to $49.00 and set a “purchase” score on the inventory in a report on Wednesday, Might 4th. Twelve funding analysts have rated the inventory with a purchase score, Based mostly on knowledge from MarketBeat, the inventory has a median score of “Purchase” and a consensus goal value of $55.08.

Academy Sports activities and Outside Firm Profile

(Get Score)

Academy Sports activities and Outside, Inc, via its subsidiaries, operates as a sporting items and outside leisure merchandise retailer in america. The corporate sells coolers and drinkware, tenting equipment, tenting tools, sun shades, backpacks, and sports activities luggage; marine tools and fishing rods, reels, baits, and tools; firearms, ammunition, archery and archery tools, camouflage attire, waders, taking pictures equipment, optics, airguns, and looking tools; staff sports activities tools, together with baseball, soccer, basketball, soccer, golf, racket sports activities, and volleyball; health tools and equipment, and diet provides; and patio furnishings, outside cooking, wheeled items, trampolines, playsets, watersports, and pet tools, in addition to electronics merchandise, watches, consumables, batteries, and many others.

Beneficial Tales

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Institutional Ownership by Quarter for Academy Sports and Outdoors (NASDAQ:ASO)

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