Vanguard Group Inc. trimmed its position in shares of Foot Locker, Inc. (NYSE:FL - Free Report) by 0.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,432,145 shares of the athletic footwear retailer's stock after selling 72,861 shares during the quarter. Vanguard Group Inc. owned approximately 10.95% of Foot Locker worth $147,093,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in Foot Locker by 250.6% during the first quarter. GAMMA Investing LLC now owns 2,468 shares of the athletic footwear retailer's stock worth $35,000 after buying an additional 1,764 shares during the last quarter. Sterling Capital Management LLC lifted its position in shares of Foot Locker by 819.2% during the fourth quarter. Sterling Capital Management LLC now owns 2,629 shares of the athletic footwear retailer's stock worth $57,000 after purchasing an additional 2,343 shares in the last quarter. Pingora Partners LLC acquired a new position in shares of Foot Locker during the fourth quarter worth approximately $61,000. Signaturefd LLC lifted its position in shares of Foot Locker by 27.2% during the first quarter. Signaturefd LLC now owns 4,579 shares of the athletic footwear retailer's stock worth $65,000 after purchasing an additional 980 shares in the last quarter. Finally, Investors Research Corp lifted its position in shares of Foot Locker by 19.7% during the first quarter. Investors Research Corp now owns 11,529 shares of the athletic footwear retailer's stock worth $163,000 after purchasing an additional 1,900 shares in the last quarter.
Insiders Place Their Bets
In other Foot Locker news, CAO Giovanna Cipriano sold 22,383 shares of the stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $24.90, for a total value of $557,336.70. Following the sale, the chief accounting officer directly owned 93,895 shares in the company, valued at approximately $2,337,985.50. This trade represents a 19.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.89% of the company's stock.
Foot Locker Trading Up 2.1%
FL traded up $0.5550 during mid-day trading on Friday, hitting $26.4150. The stock had a trading volume of 5,108,849 shares, compared to its average volume of 2,954,773. The stock's fifty day simple moving average is $25.00 and its 200-day simple moving average is $19.83. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.64 and a quick ratio of 0.49. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of -7.01, a price-to-earnings-growth ratio of 2.21 and a beta of 1.75. Foot Locker, Inc. has a 1-year low of $11.00 and a 1-year high of $33.94.
Foot Locker (NYSE:FL - Get Free Report) last posted its earnings results on Thursday, May 29th. The athletic footwear retailer reported ($0.07) earnings per share for the quarter, hitting the consensus estimate of ($0.07). The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.86 billion. Foot Locker had a negative net margin of 4.54% and a positive return on equity of 3.65%. The business's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same period last year, the business posted $0.22 earnings per share. As a group, research analysts forecast that Foot Locker, Inc. will post 1.23 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on FL. Gordon Haskett lowered shares of Foot Locker from a "moderate buy" rating to a "hold" rating in a research report on Thursday, May 15th. Telsey Advisory Group reiterated a "market perform" rating and set a $24.00 target price on shares of Foot Locker in a research report on Friday, May 30th. Morgan Stanley reduced their target price on shares of Foot Locker from $16.00 to $14.00 and set an "underweight" rating on the stock in a research report on Tuesday, May 6th. Barclays lowered shares of Foot Locker from an "overweight" rating to an "equal weight" rating in a report on Thursday, May 29th. Finally, Citigroup increased their price objective on shares of Foot Locker from $20.00 to $24.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Foot Locker presently has an average rating of "Hold" and an average target price of $21.20.
View Our Latest Stock Analysis on Foot Locker
Foot Locker Profile
(
Free Report)
Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.
See Also

Before you consider Foot Locker, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Foot Locker wasn't on the list.
While Foot Locker currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.