Aquatic Capital Management LLC Invests $458,000 in Shoe Carnival, Inc. (NASDAQ:SCVL)

Aquatic Capital Management LLC acquired a new stake in Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 13,842 shares of the company's stock, valued at approximately $458,000. Aquatic Capital Management LLC owned approximately 0.05% of Shoe Carnival as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. KLP Kapitalforvaltning AS acquired a new stake in shares of Shoe Carnival in the 4th quarter worth about $99,000. SG Americas Securities LLC bought a new position in shares of Shoe Carnival in the fourth quarter valued at approximately $178,000. 1492 Capital Management LLC bought a new stake in shares of Shoe Carnival in the 4th quarter worth $215,000. Price T Rowe Associates Inc. MD lifted its position in shares of Shoe Carnival by 17.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,795 shares of the company's stock worth $225,000 after buying an additional 987 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in shares of Shoe Carnival in the 4th quarter worth approximately $233,000. 66.05% of the stock is currently owned by institutional investors and hedge funds.

Shoe Carnival Trading Up 4.7 %

Shares of SCVL stock traded up $0.84 during trading on Thursday, hitting $18.67. The company's stock had a trading volume of 80,430 shares, compared to its average volume of 384,257. The company has a market cap of $507.36 million, a PE ratio of 6.86 and a beta of 1.41. Shoe Carnival, Inc. has a 52 week low of $16.14 and a 52 week high of $46.92. The business has a fifty day moving average of $20.04 and a 200-day moving average of $27.61.

Shoe Carnival (NASDAQ:SCVL - Get Free Report) last posted its quarterly earnings data on Thursday, March 20th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.42 by $0.12. The business had revenue of $262.90 million for the quarter, compared to the consensus estimate of $277.89 million. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. Shoe Carnival's revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. As a group, research analysts predict that Shoe Carnival, Inc. will post 2.6 EPS for the current year.

Shoe Carnival Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 21st. Stockholders of record on Monday, April 7th were given a $0.15 dividend. The ex-dividend date was Monday, April 7th. This is a boost from Shoe Carnival's previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a dividend yield of 3.21%. Shoe Carnival's payout ratio is 22.39%.

Shoe Carnival Profile

Shoe Carnival, Inc, together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories. The company also operates stores, and sells its products through online shopping at shoecarnival.com, as well as through mobile app.