Prospera Monetary Providers Inc Invests $26,000 in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASO)

Prospera Monetary Providers Inc purchased a brand new place in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASOGet Score) within the 1st quarter, Holdings Channel.com reviews. The institutional investor purchased 650 shares of the corporate’s inventory, valued at roughly $26,000.

Different giant buyers have additionally lately modified their holdings of the corporate. Counterpoint Mutual Funds LLC bought a brand new place in shares of Academy Sports activities and Outdoor within the first quarter value about $26,000. Covestor Ltd bought a brand new place in shares of Academy Sports activities and Outdoor within the fourth quarter value about $59,000. Nisa Funding Advisors LLC elevated its stake in shares of Academy Sports activities and Outdoor by 826.7% within the fourth quarter. Nisa Funding Advisors LLC now owns 1,390 shares of the corporate’s inventory value $54,000 after buying a further 1,240 shares within the final quarter. Benjamin F. Edwards & Firm Inc. grew its stake in Academy Sports activities and Outdoor by 97.1% throughout the fourth quarter. Benjamin F. Edwards & Firm Inc. now owns 4,808 shares of the corporate’s inventory valued at $211,000 after buying a further 2,369 shares within the final quarter. Lastly, Islay Capital Administration LLC grew its stake in Academy Sports activities and Outdoor by 67.5% throughout the first quarter. Islay Capital Administration LLC now owns 4,922 shares of the corporate’s inventory valued at $194,000 after buying a further 1,983 shares within the final quarter. Hedge funds and different institutional buyers personal 89.94% of the corporate’s inventory.

Academy Sports activities and Outdoor Buying and selling Up 1.1 %

NASDAQ:ASO opened at $47.00 on Friday. The corporate has a fifty day shifting common of $39.18 and a 200 day shifting common of $37.24. Academy Sports activities and Outdoor, Inc. has a 52 week low of $25.10 and a 52 week excessive of $51.08. The corporate has a fast ratio of 0.44, a present ratio of 1.56 and a debt-to-equity ratio of 0.45. The agency has a market capitalization of $4.00 billion, a P/E ratio of 6.74, a P/E/G ratio of 0.69 and a beta of 1.39.

Academy Sports activities and Outdoor (NASDAQ:ASOGet Score) final posted its quarterly earnings outcomes on Tuesday, June seventh. The corporate reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.33. Academy Sports activities and Outdoor had a web margin of 9.66% and a return on fairness of 47.24%. The corporate had income of $1.47 billion throughout the quarter, in comparison with analyst estimates of $1.45 billion. Throughout the identical interval within the prior 12 months, the enterprise posted $1.89 EPS. The agency’s income was down 7.1% in comparison with the identical quarter final 12 months. On common, analysis analysts predict that Academy Sports activities and Outdoor, Inc. will publish 7.05 earnings per share for the present 12 months.

Academy Sports activities and Outdoor Declares Dividend

The enterprise additionally lately disclosed a quarterly dividend, which was paid on Thursday, July 14th. Shareholders of file on Thursday, June sixteenth got a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized foundation and a yield of 0.64%. The ex-dividend date of this dividend was Wednesday, June fifteenth. Academy Sports activities and Outdoor’s payout ratio is at the moment 4.30%.

Analyst Upgrades and Downgrades

A number of equities analysts lately commented on ASO shares. The Goldman Sachs Group diminished their worth goal on shares of Academy Sports activities and Outdoor from $61.00 to $49.00 and set a “purchase” ranking for the corporate in a analysis notice on Wednesday, Might 4th. Truist Monetary started protection on shares of Academy Sports activities and Outdoor in a analysis notice on Wednesday, Might eleventh. They set a “purchase” ranking and a $53.00 worth goal for the corporate. UBS Group dropped their goal worth on shares of Academy Sports activities and Outdoor to $55.00 in a analysis report on Thursday, June ninth. Lastly, Stephens lifted their goal worth on shares of Academy Sports activities and Outdoor from $70.00 to $72.00 and gave the corporate an “obese” ranking in a analysis report on Wednesday, June eighth. Twelve equities analysis analysts have rated the inventory with a purchase ranking, Based on knowledge from MarketBeat.com, the corporate presently has a mean ranking of “Purchase” and a mean worth goal of $55.08.

Academy Sports activities and Outdoor Profile

(Get Score)

Academy Sports activities and Outdoor, 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 baggage; marine tools and fishing rods, reels, baits, and tools; firearms, ammunition, archery and archery tools, camouflage attire, waders, taking pictures equipment, optics, airguns, and searching 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 so forth.

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Need to see what different hedge funds are holding ASO? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Academy Sports activities and Outdoor, Inc. (NASDAQ:ASOGet Score).

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

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