Illumine Investment Management LLC Has $614,000 Stake in Franklin Covey Company (NYSE:FC)

Illumine Investment Management LLC lifted its stake in Franklin Covey Company (NYSE:FC - Free Report) by 118.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,248 shares of the business services provider's stock after purchasing an additional 12,077 shares during the quarter. Illumine Investment Management LLC owned 0.17% of Franklin Covey worth $614,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of FC. Royce & Associates LP boosted its position in Franklin Covey by 885.5% during the 4th quarter. Royce & Associates LP now owns 140,793 shares of the business services provider's stock worth $5,291,000 after acquiring an additional 126,506 shares during the period. Lazard Asset Management LLC raised its stake in shares of Franklin Covey by 156.3% during the 4th quarter. Lazard Asset Management LLC now owns 60,459 shares of the business services provider's stock worth $2,272,000 after purchasing an additional 36,867 shares in the last quarter. Teacher Retirement System of Texas raised its stake in shares of Franklin Covey by 383.3% during the 4th quarter. Teacher Retirement System of Texas now owns 28,365 shares of the business services provider's stock worth $1,066,000 after purchasing an additional 22,496 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Franklin Covey by 180.3% during the 4th quarter. JPMorgan Chase & Co. now owns 32,206 shares of the business services provider's stock worth $1,210,000 after purchasing an additional 20,716 shares in the last quarter. Finally, Mcmorgan & Co. LLC raised its stake in shares of Franklin Covey by 21.7% in the 4th quarter. Mcmorgan & Co. LLC now owns 106,115 shares of the business services provider's stock valued at $3,988,000 after acquiring an additional 18,927 shares in the last quarter. 69.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on FC. Wall Street Zen downgraded Franklin Covey from a "strong-buy" rating to a "buy" rating in a research note on Friday, April 11th. Barrington Research reaffirmed an "outperform" rating and issued a $35.00 price target on shares of Franklin Covey in a research report on Thursday, April 10th.

Franklin Covey Stock Performance

NYSE FC traded up $0.72 during trading on Thursday, hitting $23.31. The company's stock had a trading volume of 103,604 shares, compared to its average volume of 93,459. The company has a quick ratio of 0.87, a current ratio of 0.90 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average price of $22.22 and a 200 day moving average price of $28.62. The firm has a market cap of $302.80 million, a P/E ratio of 17.53, a price-to-earnings-growth ratio of 2.37 and a beta of 0.87. Franklin Covey Company has a 52 week low of $18.94 and a 52 week high of $44.46.

Franklin Covey (NYSE:FC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 2nd. The business services provider reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.03. Franklin Covey had a return on equity of 22.58% and a net margin of 6.21%. The company had revenue of $59.61 million for the quarter, compared to analyst estimates of $62.24 million. Equities research analysts forecast that Franklin Covey Company will post 0.97 earnings per share for the current fiscal year.

Franklin Covey Company Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.