172,907 Shares in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Purchased by Jump Financial LLC

Jump Financial LLC bought a new position in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 172,907 shares of the company's stock, valued at approximately $9,947,000. Jump Financial LLC owned 0.25% of Academy Sports and Outdoors at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. grew its holdings in Academy Sports and Outdoors by 3.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 6,565 shares of the company's stock worth $378,000 after acquiring an additional 210 shares during the period. Nichols & Pratt Advisers LLP MA increased its holdings in Academy Sports and Outdoors by 4.7% in the fourth quarter. Nichols & Pratt Advisers LLP MA now owns 5,600 shares of the company's stock worth $322,000 after purchasing an additional 250 shares in the last quarter. Xponance Inc. lifted its stake in Academy Sports and Outdoors by 5.7% in the fourth quarter. Xponance Inc. now owns 4,916 shares of the company's stock valued at $283,000 after buying an additional 266 shares during the period. HighTower Advisors LLC grew its position in shares of Academy Sports and Outdoors by 6.2% during the 3rd quarter. HighTower Advisors LLC now owns 5,553 shares of the company's stock worth $324,000 after buying an additional 323 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Academy Sports and Outdoors by 14.8% in the 4th quarter. Blue Trust Inc. now owns 2,591 shares of the company's stock valued at $151,000 after acquiring an additional 334 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ASO. Jefferies Financial Group set a $60.00 price target on Academy Sports and Outdoors in a research note on Thursday, March 20th. Morgan Stanley cut their price objective on Academy Sports and Outdoors from $60.00 to $55.00 and set an "equal weight" rating on the stock in a research report on Friday, March 21st. Oppenheimer decreased their price target on shares of Academy Sports and Outdoors from $85.00 to $70.00 and set an "outperform" rating for the company in a research note on Friday, March 21st. JPMorgan Chase & Co. upped their price objective on shares of Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a "neutral" rating in a report on Friday, March 21st. Finally, Robert W. Baird dropped their target price on Academy Sports and Outdoors from $65.00 to $60.00 and set an "outperform" rating on the stock in a research report on Friday, March 21st. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $58.63.

Academy Sports and Outdoors Trading Down 3.3 %

NASDAQ:ASO traded down $1.26 during trading hours on Monday, reaching $36.59. The company's stock had a trading volume of 354,705 shares, compared to its average volume of 1,613,776. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 6.01, a PEG ratio of 1.02 and a beta of 1.26. The firm has a 50-day simple moving average of $45.70 and a 200-day simple moving average of $50.60. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 1.57. Academy Sports and Outdoors, Inc. has a 1 year low of $33.34 and a 1 year high of $64.62.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) last issued its earnings results on Thursday, March 20th. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.82 by $0.14. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.67 billion. Academy Sports and Outdoors had a net margin of 7.49% and a return on equity of 23.32%. The firm's revenue for the quarter was down 6.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.21 earnings per share. Research analysts expect that Academy Sports and Outdoors, Inc. will post 5.59 EPS for the current fiscal year.

Academy Sports and Outdoors Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Tuesday, March 25th were given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.42%. This is a boost from Academy Sports and Outdoors's previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Tuesday, March 25th. Academy Sports and Outdoors's dividend payout ratio (DPR) is currently 9.01%.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.