Universal Beteiligungs und Servicegesellschaft mbH Makes New $686,000 Investment in Smith & Wesson Brands, Inc. (NASDAQ:SWBI)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Smith & Wesson Brands, Inc. (NASDAQ:SWBI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 67,900 shares of the company's stock, valued at approximately $686,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.15% of Smith & Wesson Brands as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Smith & Wesson Brands by 34.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 102,441 shares of the company's stock worth $1,035,000 after buying an additional 26,086 shares in the last quarter. Vident Advisory LLC lifted its holdings in Smith & Wesson Brands by 59.6% during the 4th quarter. Vident Advisory LLC now owns 50,924 shares of the company's stock worth $515,000 after buying an additional 19,017 shares in the last quarter. Spurstone Advisory Services LLC acquired a new position in Smith & Wesson Brands during the 4th quarter worth $47,000. ProShare Advisors LLC acquired a new position in Smith & Wesson Brands during the 4th quarter worth $128,000. Finally, Millennium Management LLC acquired a new position in Smith & Wesson Brands during the 4th quarter worth $501,000. Institutional investors and hedge funds own 59.33% of the company's stock.

Smith & Wesson Brands Trading Up 0.8%

Shares of SWBI stock traded up $0.08 during trading hours on Friday, reaching $9.78. The company had a trading volume of 339,933 shares, compared to its average volume of 495,193. The company has a 50 day moving average of $9.37 and a 200 day moving average of $10.27. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.97 and a quick ratio of 1.43. The firm has a market cap of $430.35 million, a price-to-earnings ratio of 12.54 and a beta of 1.09. Smith & Wesson Brands, Inc. has a 1-year low of $8.38 and a 1-year high of $16.85.

Smith & Wesson Brands (NASDAQ:SWBI - Get Free Report) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.02 earnings per share for the quarter, meeting analysts' consensus estimates of $0.02. The company had revenue of $115.89 million for the quarter, compared to the consensus estimate of $119.46 million. Smith & Wesson Brands had a return on equity of 8.78% and a net margin of 7.00%. On average, equities research analysts anticipate that Smith & Wesson Brands, Inc. will post 0.47 EPS for the current year.

Analyst Ratings Changes

Separately, Lake Street Capital reduced their price objective on Smith & Wesson Brands from $13.00 to $12.50 and set a "buy" rating on the stock in a report on Friday, March 7th.

About Smith & Wesson Brands

Smith & Wesson Brands, Inc is a holding company, which engages in the manufacture, design, and provision of firearms. Its portfolio includes handguns, long guns, handcuffs, suppressor, and other firearm-related products. The firm's brands are Smith & Wesson, M&P, Thompson/Center Arms, and Gemtech.