Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) Shares Acquired by Union Square Park Capital Management LLC

Union Square Park Capital Management LLC increased its stake in Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) by 15.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,681,456 shares of the company's stock after acquiring an additional 219,210 shares during the period. Sportsman's Warehouse makes up about 2.9% of Union Square Park Capital Management LLC's holdings, making the stock its 11th largest holding. Union Square Park Capital Management LLC owned about 4.43% of Sportsman's Warehouse worth $4,489,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of SPWH. R Squared Ltd purchased a new position in shares of Sportsman's Warehouse during the fourth quarter worth about $33,000. Balyasny Asset Management L.P. purchased a new position in shares of Sportsman's Warehouse during the fourth quarter worth about $33,000. Mink Brook Asset Management LLC purchased a new position in shares of Sportsman's Warehouse during the fourth quarter worth about $41,000. Greenwood Gearhart Inc. purchased a new position in shares of Sportsman's Warehouse during the fourth quarter worth about $85,000. Finally, Barclays PLC grew its holdings in shares of Sportsman's Warehouse by 25,025.0% during the third quarter. Barclays PLC now owns 38,190 shares of the company's stock worth $103,000 after buying an additional 38,038 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on SPWH shares. Roth Mkm lowered their price target on Sportsman's Warehouse from $3.50 to $2.50 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Craig Hallum raised Sportsman's Warehouse from a "hold" rating to a "buy" rating and set a $3.00 price objective on the stock in a report on Wednesday, April 2nd. Finally, B. Riley reaffirmed a "buy" rating and issued a $3.00 price objective (down previously from $4.00) on shares of Sportsman's Warehouse in a report on Wednesday, April 2nd. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $2.80.

Sportsman's Warehouse Trading Up 1.5%

Shares of Sportsman's Warehouse stock opened at $2.02 on Tuesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.20 and a quick ratio of 0.06. Sportsman's Warehouse Holdings, Inc. has a 1 year low of $0.92 and a 1 year high of $4.44. The company has a market capitalization of $77.34 million, a P/E ratio of -2.30 and a beta of 0.55. The business has a 50 day moving average price of $1.49 and a 200 day moving average price of $1.89.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last released its earnings results on Tuesday, April 1st. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.12. The firm had revenue of $340.40 million during the quarter, compared to analysts' expectations of $328.67 million. Sportsman's Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%. Sell-side analysts anticipate that Sportsman's Warehouse Holdings, Inc. will post -0.65 EPS for the current fiscal year.

Sportsman's Warehouse Profile

Sportsman's Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.

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