13,842 Shares in Shoe Carnival, Inc. (NASDAQ:SCVL) Bought by Aquatic Capital Management LLC

Aquatic Capital Management LLC bought a new stake in shares of Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 13,842 shares of the company's stock, valued at approximately $458,000. Aquatic Capital Management LLC owned approximately 0.05% of Shoe Carnival at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Barclays PLC boosted its stake in Shoe Carnival by 189.7% during the 3rd quarter. Barclays PLC now owns 30,342 shares of the company's stock valued at $1,330,000 after acquiring an additional 19,868 shares during the last quarter. Franklin Resources Inc. acquired a new stake in shares of Shoe Carnival in the 3rd quarter valued at about $530,000. SG Americas Securities LLC acquired a new stake in shares of Shoe Carnival in the 4th quarter valued at about $178,000. Sonora Investment Management Group LLC lifted its position in shares of Shoe Carnival by 35.6% during the fourth quarter. Sonora Investment Management Group LLC now owns 49,956 shares of the company's stock worth $1,653,000 after purchasing an additional 13,115 shares during the last quarter. Finally, Copeland Capital Management LLC grew its stake in Shoe Carnival by 2.5% in the fourth quarter. Copeland Capital Management LLC now owns 1,204,443 shares of the company's stock worth $39,843,000 after purchasing an additional 29,280 shares in the last quarter. 66.05% of the stock is owned by hedge funds and other institutional investors.

Shoe Carnival Trading Down 2.9 %

NASDAQ SCVL traded down $0.52 on Tuesday, hitting $17.21. 312,386 shares of the stock traded hands, compared to its average volume of 383,710. The stock has a 50-day moving average of $20.22 and a 200 day moving average of $27.75. Shoe Carnival, Inc. has a twelve month low of $16.14 and a twelve month high of $46.92. The company has a market capitalization of $467.68 million, a P/E ratio of 6.33 and a beta of 1.41.

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

Shoe Carnival Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, April 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date was Monday, April 7th. This is an increase from Shoe Carnival's previous quarterly dividend of $0.14. Shoe Carnival's dividend payout ratio is currently 22.39%.

About Shoe Carnival

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.