Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Shoe Carnival, Inc. (NASDAQ:SCVL)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 75,971 shares of the company's stock, valued at approximately $2,513,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.28% of Shoe Carnival at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS bought a new position in Shoe Carnival during the 4th quarter worth $99,000. SG Americas Securities LLC bought a new position in Shoe Carnival during the 4th quarter worth $178,000. 1492 Capital Management LLC bought a new position in Shoe Carnival during the 4th quarter worth $215,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Shoe Carnival by 17.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,795 shares of the company's stock worth $225,000 after purchasing an additional 987 shares in the last quarter. Finally, Graham Capital Management L.P. acquired a new stake in shares of Shoe Carnival during the 4th quarter worth $231,000. Institutional investors own 66.05% of the company's stock.

Shoe Carnival Stock Up 1.1%

Shares of SCVL traded up $0.21 during trading hours on Friday, hitting $19.59. 316,640 shares of the company were exchanged, compared to its average volume of 408,206. The company has a market cap of $535.43 million, a price-to-earnings ratio of 7.20 and a beta of 1.41. Shoe Carnival, Inc. has a fifty-two week low of $16.14 and a fifty-two week high of $46.92. The firm's fifty day moving average is $18.81 and its 200 day moving average is $25.06.

Shoe Carnival (NASDAQ:SCVL - Get Free Report) last released its quarterly earnings data on Friday, May 30th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.04. The business had revenue of $277.72 million for the quarter, compared to analyst estimates of $285.16 million. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. Shoe Carnival's revenue was down 7.6% compared to the same quarter last year. During the same period last year, the firm posted $0.64 earnings per share. Analysts anticipate that Shoe Carnival, Inc. will post 2.6 EPS for the current year.

Shoe Carnival Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, April 7th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, April 7th. This is a positive change from Shoe Carnival's previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a yield of 3.06%. Shoe Carnival's dividend payout ratio (DPR) is 25.10%.

Shoe Carnival Company 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.