4D Advisors LLC bought a new position in Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,000 shares of the company's stock, valued at approximately $5,314,000. Boot Barn makes up about 3.7% of 4D Advisors LLC's holdings, making the stock its 8th largest position. 4D Advisors LLC owned about 0.11% of Boot Barn as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Boot Barn by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 3,409,865 shares of the company's stock valued at $517,686,000 after acquiring an additional 73,089 shares during the period. FMR LLC lifted its position in Boot Barn by 47.3% during the fourth quarter. FMR LLC now owns 2,211,300 shares of the company's stock valued at $335,720,000 after purchasing an additional 709,903 shares during the period. Wellington Management Group LLP lifted its position in Boot Barn by 48.6% during the fourth quarter. Wellington Management Group LLP now owns 2,161,052 shares of the company's stock valued at $328,091,000 after purchasing an additional 706,518 shares during the period. Capital Research Global Investors boosted its holdings in Boot Barn by 32.6% in the fourth quarter. Capital Research Global Investors now owns 1,141,821 shares of the company's stock worth $173,351,000 after purchasing an additional 280,892 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in Boot Barn by 13.2% in the 4th quarter. Alliancebernstein L.P. now owns 846,983 shares of the company's stock worth $128,589,000 after purchasing an additional 99,029 shares during the period.
Boot Barn Stock Up 5.3 %
Boot Barn stock traded up $5.73 during midday trading on Friday, reaching $113.46. 1,009,606 shares of the stock traded hands, compared to its average volume of 818,638. Boot Barn Holdings, Inc. has a 12 month low of $86.17 and a 12 month high of $176.64. The stock's fifty day moving average is $104.14 and its 200-day moving average is $131.69. The stock has a market cap of $3.47 billion, a P/E ratio of 20.26, a PEG ratio of 1.17 and a beta of 1.59.
Boot Barn (NYSE:BOOT - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $2.43 earnings per share for the quarter, beating analysts' consensus estimates of $2.05 by $0.38. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. On average, equities analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.
Wall Street Analyst Weigh In
BOOT has been the topic of a number of research reports. JPMorgan Chase & Co. raised their price target on Boot Barn from $200.00 to $209.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. StockNews.com cut Boot Barn from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. Robert W. Baird cut their price target on Boot Barn from $133.00 to $120.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Craig Hallum upgraded shares of Boot Barn from a "hold" rating to a "buy" rating and set a $130.00 price objective on the stock in a research note on Wednesday, April 23rd. Finally, KeyCorp cut their target price on shares of Boot Barn from $190.00 to $165.00 and set an "overweight" rating for the company in a research report on Tuesday, April 29th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Boot Barn has an average rating of "Moderate Buy" and an average target price of $165.85.
Check Out Our Latest Research Report on Boot Barn
Boot Barn Profile
(
Free Report)
Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.
Featured Articles
Before you consider Boot Barn, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boot Barn wasn't on the list.
While Boot Barn currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
