Algert Global LLC Purchases 15,779 Shares of Boot Barn Holdings, Inc. (NYSE:BOOT)

Algert Global LLC boosted its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 68.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,780 shares of the company's stock after buying an additional 15,779 shares during the quarter. Algert Global LLC owned approximately 0.13% of Boot Barn worth $5,888,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Signaturefd LLC boosted its holdings in shares of Boot Barn by 201.8% during the fourth quarter. Signaturefd LLC now owns 166 shares of the company's stock worth $25,000 after acquiring an additional 111 shares during the period. Blue Trust Inc. raised its stake in Boot Barn by 1,430.0% during the 4th quarter. Blue Trust Inc. now owns 153 shares of the company's stock worth $26,000 after buying an additional 143 shares during the period. Assetmark Inc. boosted its position in Boot Barn by 45.2% in the fourth quarter. Assetmark Inc. now owns 363 shares of the company's stock worth $55,000 after purchasing an additional 113 shares during the last quarter. R Squared Ltd bought a new stake in Boot Barn in the 4th quarter valued at about $102,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Boot Barn by 212.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 749 shares of the company's stock valued at $115,000 after acquiring an additional 509 shares in the last quarter.

Analysts Set New Price Targets

BOOT has been the subject of a number of research analyst reports. Piper Sandler set a $162.00 target price on Boot Barn in a research note on Friday, April 25th. Stephens started coverage on shares of Boot Barn in a research note on Wednesday, April 9th. They set an "overweight" rating and a $100.00 target price for the company. JPMorgan Chase & Co. upped their target price on Boot Barn from $200.00 to $209.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Robert W. Baird lowered their target price on shares of Boot Barn from $133.00 to $120.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Finally, StockNews.com lowered Boot Barn from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $165.85.

Boot Barn Trading Down 1.1 %

Shares of BOOT stock traded down $1.25 on Friday, hitting $117.59. 733,510 shares of the stock were exchanged, compared to its average volume of 817,585. The firm has a market capitalization of $3.60 billion, a PE ratio of 21.00, a P/E/G ratio of 1.17 and a beta of 1.59. Boot Barn Holdings, Inc. has a one year low of $86.17 and a one year high of $176.64. The firm's 50 day moving average is $103.60 and its two-hundred day moving average is $130.41.

About Boot Barn

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.