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

Victory Capital Administration Inc. lifted its holdings in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASOGet Ranking) by 71.4% through the first quarter, Holdings Channel studies. The institutional investor owned 111,373 shares of the corporate’s inventory after buying a further 46,381 shares through the quarter. Victory Capital Administration Inc.’s holdings in Academy Sports activities and Outdoor had been price $4,161,000 on the finish of the latest reporting interval.

A variety of different institutional traders have additionally just lately modified their holdings of ASO. American Century Corporations Inc. boosted its place in Academy Sports activities and Outdoor by 523.3% through the fourth quarter. American Century Corporations Inc. now owns 705,864 shares of the corporate’s inventory price $30,987,000 after buying a further 592,619 shares within the final quarter. Pacer Advisors Inc. acquired a brand new place in shares of Academy Sports activities and Outdoor within the first quarter price $19,856,000. Peregrine Capital Administration LLC acquired a brand new place in shares of Academy Sports activities and Outdoor within the first quarter price $10,922,000. Thompson Siegel & Walmsley LLC acquired a brand new place in shares of Academy Sports activities and Outdoor within the first quarter price $10,875,000. Lastly, Allianz Asset Administration GmbH raised its holdings in shares of Academy Sports activities and Outdoor 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 a further 271,864 shares over the past quarter. 89.94% of the inventory is presently owned by hedge funds and different institutional traders.

Analyst Upgrades and Downgrades

ASO has been the topic of plenty of analyst studies. UBS Group minimize their worth goal on Academy Sports activities and Outdoor to $55.00 in a report on Thursday, June ninth. The Goldman Sachs Group dropped their goal worth on Academy Sports activities and Outdoor from $61.00 to $49.00 and set a “purchase” ranking for the corporate in a analysis observe on Wednesday, Could 4th. Truist Monetary started protection on Academy Sports activities and Outdoor in a analysis observe 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 Outdoor from $70.00 to $72.00 and gave the corporate an “obese” ranking in a analysis observe on Wednesday, June eighth. Twelve analysts have rated the inventory with a purchase ranking, Primarily based on knowledge from MarketBeat.com, Academy Sports activities and Outdoor has a mean ranking of “Purchase” and a consensus goal worth of $55.08.

Academy Sports activities and Outdoor Worth Efficiency

Shares of NASDAQ ASO opened at $42.48 on Wednesday. Academy Sports activities and Outdoor, 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 Outdoor (NASDAQ:ASOGet Ranking) 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 Outdoor had a return on fairness of 47.24% and a internet margin of 9.66%. The corporate had income of $1.47 billion through the quarter, in comparison with the consensus estimate of $1.45 billion. Throughout the identical quarter within the prior 12 months, the enterprise earned $1.89 earnings per share. The corporate’s income was down 7.1% in comparison with the identical quarter final 12 months. On common, equities analysts anticipate that Academy Sports activities and Outdoor, Inc. will submit 7.05 EPS for the present fiscal 12 months.

Academy Sports activities and Outdoor Declares Dividend

The agency additionally just lately declared a quarterly dividend, which was paid on Thursday, July 14th. Traders 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 Outdoor’s dividend payout ratio is presently 4.30%.

About Academy Sports activities and Outdoor

(Get Ranking)

Academy Sports activities and Outdoor, Inc, by its subsidiaries, operates as a sporting items and out of doors leisure merchandise retailer in america. 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, capturing equipment, optics, airguns, and searching gear; workforce 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, out of doors cooking, wheeled items, trampolines, playsets, watersports, and pet gear, in addition to electronics merchandise, watches, consumables, batteries, and so on.

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

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