Barclays PLC Has $22.77 Million Stock Position in Columbia Sportswear (NASDAQ:COLM)

Barclays PLC lifted its stake in shares of Columbia Sportswear (NASDAQ:COLM - Free Report) by 487.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 271,293 shares of the textile maker's stock after buying an additional 225,140 shares during the quarter. Barclays PLC owned 0.47% of Columbia Sportswear worth $22,770,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Signaturefd LLC increased its holdings in shares of Columbia Sportswear by 18.4% during the fourth quarter. Signaturefd LLC now owns 915 shares of the textile maker's stock valued at $77,000 after purchasing an additional 142 shares during the period. Cairn Investment Group Inc. grew its position in Columbia Sportswear by 0.3% in the 4th quarter. Cairn Investment Group Inc. now owns 44,685 shares of the textile maker's stock valued at $3,750,000 after buying an additional 145 shares in the last quarter. Amalgamated Bank increased its stake in Columbia Sportswear by 1.0% during the 4th quarter. Amalgamated Bank now owns 15,337 shares of the textile maker's stock valued at $1,287,000 after buying an additional 146 shares during the period. GAMMA Investing LLC raised its position in shares of Columbia Sportswear by 43.2% during the 4th quarter. GAMMA Investing LLC now owns 600 shares of the textile maker's stock worth $50,000 after buying an additional 181 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of Columbia Sportswear by 184.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 299 shares of the textile maker's stock worth $25,000 after buying an additional 194 shares in the last quarter. 47.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Richelle T. Luther sold 4,000 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $92.36, for a total value of $369,440.00. Following the completion of the sale, the executive vice president now directly owns 14,283 shares in the company, valued at approximately $1,319,177.88. The trade was a 21.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ronald E. Nelson sold 6,395 shares of the firm's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $81.74, for a total transaction of $522,727.30. Following the completion of the transaction, the director now owns 17,048 shares in the company, valued at $1,393,503.52. The trade was a 27.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 44.70% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. UBS Group upped their target price on Columbia Sportswear from $42.00 to $51.00 and gave the stock a "sell" rating in a research report on Monday, April 14th. Stifel Nicolaus decreased their target price on Columbia Sportswear from $100.00 to $91.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Citigroup reissued a "neutral" rating and set a $68.00 price target (down from $80.00) on shares of Columbia Sportswear in a research report on Monday, April 7th. Finally, StockNews.com lowered Columbia Sportswear from a "buy" rating to a "hold" rating in a research report on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $74.80.

Columbia Sportswear Trading Down 2.4 %

NASDAQ COLM traded down $1.58 on Friday, reaching $64.39. The stock had a trading volume of 184,593 shares, compared to its average volume of 553,327. Columbia Sportswear has a 1 year low of $59.07 and a 1 year high of $92.88. The business has a 50 day moving average price of $76.63 and a 200 day moving average price of $81.50. The company has a market capitalization of $3.56 billion, a price-to-earnings ratio of 16.68, a P/E/G ratio of 2.54 and a beta of 0.91.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The textile maker reported $1.80 EPS for the quarter, missing analysts' consensus estimates of $1.86 by ($0.06). Columbia Sportswear had a return on equity of 12.23% and a net margin of 6.63%. On average, analysts anticipate that Columbia Sportswear will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.