Swiss Nationwide Financial institution Acquires 12,200 Shares of Academy Sports activities and Outside, Inc. (NASDAQ:ASO)

Swiss Nationwide Financial institution lifted its holdings in shares of Academy Sports activities and Outside, Inc. (NASDAQ:ASOGet Ranking) by 6.5% within the first quarter, in line with the corporate in its most up-to-date disclosure with the Securities & Trade Fee. The institutional investor owned 198,600 shares of the corporate’s inventory after buying an extra 12,200 shares through the quarter. Swiss Nationwide Financial institution owned roughly 0.23% of Academy Sports activities and Outside value $7,825,000 as of its most up-to-date submitting with the Securities & Trade Fee.

A lot of different hedge funds and different institutional traders additionally lately made modifications to their positions within the enterprise. Financial institution of America Corp DE raised its holdings in shares of Academy Sports activities and Outside by 6.9% through the fourth quarter. Financial institution of America Corp DE now owns 1,247,125 shares of the corporate’s inventory valued at $54,749,000 after buying an extra 80,150 shares within the final quarter. Alliancebernstein L.P. raised its holdings in Academy Sports activities and Outside by 24.9% within the fourth quarter. Alliancebernstein L.P. now owns 1,092,200 shares of the corporate’s inventory value $47,948,000 after buying an extra 217,857 shares within the final quarter. Westwood Holdings Group Inc. raised its holdings in Academy Sports activities and Outside by 24.0% within the fourth quarter. Westwood Holdings Group Inc. now owns 993,842 shares of the corporate’s inventory value $43,630,000 after buying an extra 192,057 shares within the final quarter. Tensile Capital Administration LP raised its holdings in Academy Sports activities and Outside by 11.4% within the fourth quarter. Tensile Capital Administration LP now owns 849,784 shares of the corporate’s inventory value $37,306,000 after buying an extra 87,089 shares within the final quarter. Lastly, Northern Belief Corp raised its holdings in Academy Sports activities and Outside by 1.2% within the fourth quarter. Northern Belief Corp now owns 811,271 shares of the corporate’s inventory value $35,616,000 after buying an extra 9,349 shares within the final quarter. Institutional traders personal 89.94% of the corporate’s inventory.

Analyst Upgrades and Downgrades

ASO has been the topic of various analysis reviews. Morgan Stanley started protection on Academy Sports activities and Outside in a report on Monday, August fifteenth. They issued an “equal weight” score and a $50.00 worth goal for the corporate. Truist Monetary started protection on Academy Sports activities and Outside in a analysis word on Wednesday, Might eleventh. They issued a “purchase” score and a $53.00 goal worth on the inventory. UBS Group minimize their goal worth on Academy Sports activities and Outside to $55.00 in a analysis word on Thursday, June ninth. The Goldman Sachs Group minimize their goal worth on Academy Sports activities and Outside from $61.00 to $49.00 and set a “purchase” score on the inventory in a analysis word on Wednesday, Might 4th. Lastly, Stephens elevated their worth goal on Academy Sports activities and Outside from $70.00 to $72.00 and gave the corporate an “obese” score in a analysis report on Wednesday, June eighth. One analysis analyst has rated the inventory with a maintain score and twelve have assigned a purchase score to the corporate. In line with MarketBeat, Academy Sports activities and Outside has a median score of “Average Purchase” and a median goal worth of $54.69.

Academy Sports activities and Outside Inventory Down 1.3 %

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NASDAQ ASO opened at $46.62 on Monday. The inventory’s 50-day transferring common worth is $40.19 and its 200-day transferring common worth is $37.55. The corporate has a fast ratio of 0.44, a present ratio of 1.56 and a debt-to-equity ratio of 0.45. Academy Sports activities and Outside, Inc. has a 52 week low of $25.10 and a 52 week excessive of $51.08. The corporate has a market capitalization of $3.97 billion, a P/E ratio of 6.69, a price-to-earnings-growth ratio of 0.72 and a beta of 1.39.

Academy Sports activities and Outside (NASDAQ:ASOGet Ranking) final posted its quarterly earnings knowledge on Tuesday, June seventh. The corporate reported $1.73 EPS for the quarter, topping the consensus estimate of $1.40 by $0.33. The agency had income of $1.47 billion for the quarter, in comparison with the consensus estimate of $1.45 billion. Academy Sports activities and Outside had a return on fairness of 47.24% and a web margin of 9.66%. The enterprise’s income for the quarter was down 7.1% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the corporate earned $1.89 earnings per share. On common, equities analysis analysts predict that Academy Sports activities and Outside, Inc. will publish 7.01 earnings per share for the present 12 months.

Academy Sports activities and Outside Dividend Announcement

The agency additionally lately introduced a quarterly dividend, which was paid on Thursday, July 14th. Traders of report on Thursday, June sixteenth had been paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.64%. The ex-dividend date was Wednesday, June fifteenth. Academy Sports activities and Outside’s dividend payout ratio (DPR) is presently 4.30%.

Academy Sports activities and Outside Profile

(Get Ranking)

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

Additional Studying

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

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