Victory Capital Administration Inc. Boosts Stake in Academy Sports activities and Open air, Inc. (NASDAQ:ASO)

Victory Capital Administration Inc. lifted its holdings in Academy Sports activities and Open air, Inc. (NASDAQ:ASOGet Score) by 71.4% in the course of the first quarter, Holdings Channel stories. The institutional investor owned 111,373 shares of the corporate’s inventory after buying an extra 46,381 shares in the course of the quarter. Victory Capital Administration Inc.’s holdings in Academy Sports activities and Open air had been price $4,161,000 on the finish of the newest reporting interval.

Plenty of different institutional traders have additionally not too long ago modified their holdings of ASO. American Century Corporations Inc. boosted its place in Academy Sports activities and Open air by 523.3% in the course of the fourth quarter. American Century Corporations Inc. now owns 705,864 shares of the corporate’s inventory price $30,987,000 after buying an extra 592,619 shares within the final quarter. Pacer Advisors Inc. acquired a brand new place in shares of Academy Sports activities and Open air within the first quarter price $19,856,000. Peregrine Capital Administration LLC acquired a brand new place in shares of Academy Sports activities and Open air within the first quarter price $10,922,000. Thompson Siegel & Walmsley LLC acquired a brand new place in shares of Academy Sports activities and Open air within the first quarter price $10,875,000. Lastly, Allianz Asset Administration GmbH raised its holdings in shares of Academy Sports activities and Open air by 180.1% within the fourth quarter. Allianz Asset Administration GmbH now owns 422,848 shares of the corporate’s inventory price $18,563,000 after buying an extra 271,864 shares over the past quarter. 89.94% of the inventory is at present owned by hedge funds and different institutional traders.

Analyst Upgrades and Downgrades

ASO has been the topic of numerous analyst stories. UBS Group lower their worth goal on Academy Sports activities and Open air to $55.00 in a report on Thursday, June ninth. The Goldman Sachs Group dropped their goal worth on Academy Sports activities and Open air from $61.00 to $49.00 and set a “purchase” ranking for the corporate in a analysis word on Wednesday, Could 4th. Truist Monetary started protection on Academy Sports activities and Open air in a analysis word on Wednesday, Could eleventh. They issued a “purchase” ranking and a $53.00 goal worth for the corporate. Lastly, Stephens upped their goal worth on Academy Sports activities and Open air from $70.00 to $72.00 and gave the corporate an “chubby” ranking in a analysis word on Wednesday, June eighth. Twelve analysts have rated the inventory with a purchase ranking, Based mostly on knowledge from MarketBeat.com, Academy Sports activities and Open air has a median ranking of “Purchase” and a consensus goal worth of $55.08.

Academy Sports activities and Open air Value Efficiency

Shares of NASDAQ ASO opened at $42.48 on Wednesday. Academy Sports activities and Open air, Inc. has a 1-year low of $25.10 and a 1-year excessive of $51.08. The enterprise has a 50-day transferring common of $38.32 and a 200-day transferring common of $37.03. The corporate has a debt-to-equity ratio of 0.45, a present ratio of 1.56 and a fast ratio of 0.44. The corporate has a market capitalization of $3.61 billion, a price-to-earnings ratio of 6.09, a PEG ratio of 0.66 and a beta of 1.39.

Academy Sports activities and Open air (NASDAQ:ASOGet Score) final issued its earnings outcomes on Tuesday, June seventh. The corporate reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.33. Academy Sports activities and Open air had a return on fairness of 47.24% and a web margin of 9.66%. The corporate had income of $1.47 billion in the course of the quarter, in comparison with the consensus estimate of $1.45 billion. Throughout the identical quarter within the prior yr, the enterprise earned $1.89 earnings per share. The corporate’s income was down 7.1% in comparison with the identical quarter final yr. On common, equities analysts anticipate that Academy Sports activities and Open air, Inc. will put up 7.05 EPS for the present fiscal yr.

Academy Sports activities and Open air Publicizes Dividend

The agency additionally not too long ago declared a quarterly dividend, which was paid on Thursday, July 14th. Buyers of file on Thursday, June sixteenth had been issued a $0.075 dividend. This represents a $0.30 dividend on an annualized foundation and a yield of 0.71%. The ex-dividend date of this dividend was Wednesday, June fifteenth. Academy Sports activities and Open air’s dividend payout ratio is at present 4.30%.

About Academy Sports activities and Open air

(Get Score)

Academy Sports activities and Open air, Inc, by way of its subsidiaries, operates as a sporting items and outside leisure merchandise retailer in america. The corporate sells coolers and drinkware, tenting equipment, tenting gear, sun shades, backpacks, and sports activities baggage; marine gear and fishing rods, reels, baits, and gear; firearms, ammunition, archery and archery gear, camouflage attire, waders, capturing equipment, optics, airguns, and searching gear; staff 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 forth.

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Wish 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 Open air, Inc. (NASDAQ:ASOGet Score).

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

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