Virginia Retirement Techniques ET AL Raises Inventory Place in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASO)

Virginia Retirement Techniques ET AL grew its holdings in Academy Sports activities and Outdoor, Inc. (NASDAQ:ASOGet Ranking) by 139.6% through the first quarter, based on the corporate in its most up-to-date submitting with the Securities and Change Fee. The agency owned 25,400 shares of the corporate’s inventory after buying a further 14,800 shares through the interval. Virginia Retirement Techniques ET AL’s holdings in Academy Sports activities and Outdoor had been value $1,001,000 as of its most up-to-date SEC submitting.

Different hedge funds have additionally modified their holdings of the corporate. Alliancebernstein L.P. elevated its stake in Academy Sports activities and Outdoor by 24.9% through the 4th quarter. Alliancebernstein L.P. now owns 1,092,200 shares of the corporate’s inventory value $47,948,000 after shopping for a further 217,857 shares through the interval. UBS Asset Administration Americas Inc. elevated its stake in Academy Sports activities and Outdoor by 195.9% through the third quarter. UBS Asset Administration Americas Inc. now owns 49,204 shares of the corporate’s inventory value $1,969,000 after shopping for a further 32,574 shares through the interval. Tensile Capital Administration LP elevated its stake in Academy Sports activities and Outdoor by 11.4% through the 4th quarter. Tensile Capital Administration LP now owns 849,784 shares of the corporate’s inventory value $37,306,000 after shopping for a further 87,089 shares through the interval. Mitsubishi UFJ Belief & Banking Corp elevated its stake in Academy Sports activities and Outdoor by 65.0% through the 4th quarter. Mitsubishi UFJ Belief & Banking Corp now owns 13,200 shares of the corporate’s inventory value $579,000 after shopping for a further 5,200 shares through the interval. Lastly, Brinker Capital Investments LLC bought a brand new stake in Academy Sports activities and Outdoor through the 4th quarter value $465,000. 89.94% of the inventory is at present owned by institutional buyers and hedge funds.

NASDAQ ASO opened at $37.69 on Friday. Academy Sports activities and Outdoor, Inc. has a one 12 months low of $25.10 and a one 12 months excessive of $51.08. The corporate has a 50-day easy transferring common of $35.43 and a 200-day easy transferring common of $36.91. 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 agency has a market capitalization of $3.21 billion, a PE ratio of 5.41, a price-to-earnings-growth ratio of 0.56 and a beta of 1.32.

Academy Sports activities and Outdoor (NASDAQ:ASOGet Ranking) final posted its quarterly earnings outcomes on Tuesday, June seventh. The corporate reported $1.73 EPS for the quarter, beating the consensus estimate of $1.41 by $0.32. Academy Sports activities and Outdoor had a internet margin of 9.66% and a return on fairness of 47.24%. The enterprise had income of $1.47 billion through the quarter, in comparison with analyst estimates of $1.45 billion. Throughout the identical interval within the earlier 12 months, the enterprise posted $1.89 EPS. The corporate’s quarterly income was down 7.1% on a year-over-year foundation. Equities analysts forecast that Academy Sports activities and Outdoor, Inc. will submit 7.06 earnings per share for the present 12 months.

The corporate additionally not too long ago introduced a quarterly dividend, which might be paid on Thursday, July 14th. Shareholders of file on Thursday, June sixteenth might be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized foundation and a yield of 0.80%. The ex-dividend date is Wednesday, June fifteenth. Academy Sports activities and Outdoor’s payout ratio is 4.30%.

A number of equities analysis analysts not too long ago issued studies on the inventory. Truist Monetary assumed protection on shares of Academy Sports activities and Outdoor in a analysis observe on Wednesday, Might eleventh. They set a “purchase” ranking and a $53.00 value goal on the inventory. The Goldman Sachs Group dropped their goal value 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 report on Wednesday, Might 4th. Stephens boosted their goal value on shares of Academy Sports activities and Outdoor from $70.00 to $72.00 and gave the inventory an “chubby” ranking in a analysis report on Wednesday, June eighth. Loop Capital boosted their goal value on shares of Academy Sports activities and Outdoor from $43.00 to $50.00 in a analysis report on Wednesday, March thirtieth. Lastly, UBS Group dropped their goal value on shares of Academy Sports activities and Outdoor to $55.00 in a analysis report on Thursday, June ninth. Twelve analysis analysts have rated the inventory with a purchase ranking, Based on information from MarketBeat, Academy Sports activities and Outdoor at present has a consensus ranking of “Purchase” and a median goal value of $55.08.

Academy Sports activities and Outdoor Firm Profile (Get Ranking)

Academy Sports activities and Outdoor, Inc, by its subsidiaries, operates as a sporting items and out of doors leisure merchandise retailer in the USA. 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, taking pictures equipment, optics, airguns, and searching gear; group sports activities gear, together with baseball, soccer, basketball, soccer, golf, racket sports activities, and volleyball; health gear and equipment, and diet 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 forth.

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

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