Shoe Carnival, Inc. (NASDAQ:SCVL) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its position in Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) by 309.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,026 shares of the company's stock after acquiring an additional 16,645 shares during the quarter. SG Americas Securities LLC owned about 0.08% of Shoe Carnival worth $484,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SCVL. Vanguard Group Inc. grew its position in shares of Shoe Carnival by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 1,397,109 shares of the company's stock valued at $46,216,000 after purchasing an additional 8,826 shares in the last quarter. Invesco Ltd. boosted its position in shares of Shoe Carnival by 10.1% during the 4th quarter. Invesco Ltd. now owns 880,047 shares of the company's stock valued at $29,112,000 after acquiring an additional 80,871 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Shoe Carnival by 7.4% in the fourth quarter. American Century Companies Inc. now owns 547,366 shares of the company's stock valued at $18,107,000 after purchasing an additional 37,569 shares during the period. Royce & Associates LP increased its position in Shoe Carnival by 13.8% during the fourth quarter. Royce & Associates LP now owns 528,092 shares of the company's stock worth $17,469,000 after purchasing an additional 64,239 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Shoe Carnival by 4.7% during the fourth quarter. Northern Trust Corp now owns 507,661 shares of the company's stock worth $16,793,000 after purchasing an additional 22,859 shares during the period. 66.05% of the stock is owned by institutional investors and hedge funds.

Shoe Carnival Price Performance

Shares of SCVL stock traded up $0.26 during trading on Tuesday, hitting $19.05. 286,993 shares of the stock traded hands, compared to its average volume of 419,597. The firm has a market capitalization of $520.69 million, a P/E ratio of 7.97 and a beta of 1.41. Shoe Carnival, Inc. has a 52-week low of $16.14 and a 52-week high of $46.92. The firm's fifty day moving average price is $18.79 and its 200-day moving average price is $23.83.

Shoe Carnival (NASDAQ:SCVL - Get Free Report) last released its quarterly earnings results on Friday, May 30th. The company reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.04. Shoe Carnival had a return on equity of 10.43% and a net margin of 5.58%. The business had revenue of $277.72 million during the quarter, compared to analysts' expectations of $285.16 million. During the same period in the prior year, the business posted $0.64 EPS. The company's revenue was down 7.6% 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 Profile

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.