Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 6.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 823,938 shares of the company's stock after selling 54,693 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.69% of Boot Barn worth $125,094,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Bank of Montreal Can grew its stake in shares of Boot Barn by 1.4% during the fourth quarter. Bank of Montreal Can now owns 5,936 shares of the company's stock worth $901,000 after purchasing an additional 82 shares in the last quarter. Summit Investment Advisors Inc. lifted its holdings in Boot Barn by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 3,096 shares of the company's stock worth $470,000 after buying an additional 98 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in shares of Boot Barn by 0.7% during the 4th quarter. Louisiana State Employees Retirement System now owns 14,800 shares of the company's stock worth $2,247,000 after acquiring an additional 100 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of Boot Barn by 1.1% in the 4th quarter. Arizona State Retirement System now owns 8,853 shares of the company's stock valued at $1,344,000 after acquiring an additional 100 shares during the last quarter. Finally, Signaturefd LLC raised its position in shares of Boot Barn by 201.8% during the 4th quarter. Signaturefd LLC now owns 166 shares of the company's stock worth $25,000 after acquiring an additional 111 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. StockNews.com downgraded Boot Barn from a "hold" rating to a "sell" rating in a report on Monday, February 17th. JPMorgan Chase & Co. upped their target price on shares of Boot Barn from $200.00 to $209.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Stephens initiated coverage on shares of Boot Barn in a research note on Wednesday, April 9th. They issued an "overweight" rating and a $100.00 price objective on the stock. Bank of America raised their price target on Boot Barn from $187.00 to $192.00 and gave the stock a "buy" rating in a report on Wednesday, January 15th. Finally, BTIG Research upped their price objective on Boot Barn from $185.00 to $190.00 and gave the company a "buy" rating in a research note on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Boot Barn currently has a consensus rating of "Moderate Buy" and an average price target of $165.85.

Boot Barn Stock Performance

NYSE:BOOT traded up $5.65 during mid-day trading on Friday, hitting $113.38. 246,429 shares of the company's stock traded hands, compared to its average volume of 998,077. Boot Barn Holdings, Inc. has a 1 year low of $86.17 and a 1 year high of $176.64. The company has a market cap of $3.47 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 1.17 and a beta of 1.75. The firm's 50 day simple moving average is $104.39 and its 200 day simple moving average is $132.51.

Boot Barn (NYSE:BOOT - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.38. Boot Barn had a return on equity of 17.11% and a net margin of 9.36%. On average, research analysts expect that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

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.