4,250 Shares in Columbia Sportswear (NASDAQ:COLM) Purchased by Nomura Holdings Inc.

Nomura Holdings Inc. purchased a new stake in shares of Columbia Sportswear (NASDAQ:COLM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,250 shares of the textile maker's stock, valued at approximately $357,000.

Several other institutional investors have also added to or reduced their stakes in the business. Smartleaf Asset Management LLC boosted its holdings in shares of Columbia Sportswear by 184.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 299 shares of the textile maker's stock worth $25,000 after purchasing an additional 194 shares during the period. Signaturefd LLC boosted 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 worth $77,000 after purchasing an additional 142 shares during the period. Lazard Asset Management LLC purchased a new stake in shares of Columbia Sportswear during the fourth quarter worth about $76,000. Blue Trust Inc. boosted its holdings in shares of Columbia Sportswear by 33.6% during the fourth quarter. Blue Trust Inc. now owns 942 shares of the textile maker's stock worth $78,000 after purchasing an additional 237 shares during the period. Finally, Kapitalo Investimentos Ltda purchased a new stake in shares of Columbia Sportswear during the fourth quarter worth about $139,000. 47.76% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Sportswear Trading Up 3.7%

Columbia Sportswear stock traded up $2.38 during mid-day trading on Tuesday, hitting $66.18. The stock had a trading volume of 319,366 shares, compared to its average volume of 588,476. The firm has a market capitalization of $3.65 billion, a P/E ratio of 17.08, a P/E/G ratio of 2.54 and a beta of 1.00. The firm's 50 day moving average is $67.45 and its 200 day moving average is $79.03. Columbia Sportswear has a one year low of $58.44 and a one year high of $92.88.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The textile maker reported $0.75 EPS for the quarter, topping the consensus estimate of $0.68 by $0.07. The business had revenue of $778.45 million for the quarter, compared to analysts' expectations of $763.50 million. Columbia Sportswear had a net margin of 6.63% and a return on equity of 12.23%. The business's quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.71 EPS. As a group, equities research analysts forecast that Columbia Sportswear will post 4.1 earnings per share for the current year.

Columbia Sportswear Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 22nd will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Thursday, May 22nd. Columbia Sportswear's dividend payout ratio (DPR) is currently 30.69%.

Insider Buying and Selling

In other Columbia Sportswear news, EVP Richelle T. Luther sold 4,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $92.36, for a total transaction of $369,440.00. Following the sale, the executive vice president now owns 14,283 shares of the company's stock, valued at approximately $1,319,177.88. This trade represents a 21.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephen E. Babson sold 2,776 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $65.94, for a total transaction of $183,049.44. Following the completion of the sale, the director now owns 128,309 shares of the company's stock, valued at approximately $8,460,695.46. This trade represents a 2.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. 44.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Barclays dropped their target price on shares of Columbia Sportswear from $64.00 to $62.00 and set an "equal weight" rating for the company in a report on Friday, May 2nd. Wall Street Zen downgraded shares of Columbia Sportswear from a "buy" rating to a "hold" rating in a research note on Wednesday, February 5th. UBS Group raised their price target on shares of Columbia Sportswear from $42.00 to $51.00 and gave the company a "sell" rating in a research report on Monday, April 14th. Citigroup reaffirmed a "neutral" rating and issued a $68.00 target price (down previously from $80.00) on shares of Columbia Sportswear in a research report on Monday, April 7th. Finally, Stifel Nicolaus cut their target price on shares of Columbia Sportswear from $91.00 to $75.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $70.00.

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.