55,382 Shares in Foot Locker, Inc. (NYSE:FL) Acquired by Vision One Management Partners LP

Vision One Management Partners LP bought a new position in shares of Foot Locker, Inc. (NYSE:FL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 55,382 shares of the athletic footwear retailer's stock, valued at approximately $1,205,000. Foot Locker makes up approximately 0.6% of Vision One Management Partners LP's investment portfolio, making the stock its 9th largest holding. Vision One Management Partners LP owned about 0.06% of Foot Locker as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Foot Locker by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 10,505,006 shares of the athletic footwear retailer's stock valued at $228,589,000 after buying an additional 210,832 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Foot Locker by 88.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 5,323,597 shares of the athletic footwear retailer's stock worth $115,365,000 after acquiring an additional 2,500,396 shares during the period. Jacobs Levy Equity Management Inc. raised its holdings in shares of Foot Locker by 67.9% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 1,906,406 shares of the athletic footwear retailer's stock valued at $41,483,000 after buying an additional 770,932 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Foot Locker by 5.2% during the fourth quarter. American Century Companies Inc. now owns 1,659,206 shares of the athletic footwear retailer's stock worth $36,104,000 after buying an additional 81,814 shares during the period. Finally, Cramer Rosenthal Mcglynn LLC bought a new position in Foot Locker in the 4th quarter worth approximately $34,835,000.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Jefferies Financial Group cut their target price on Foot Locker from $22.00 to $19.00 and set a "hold" rating on the stock in a research note on Wednesday, March 5th. Evercore ISI cut their price objective on shares of Foot Locker from $22.00 to $15.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. Wall Street Zen lowered shares of Foot Locker from a "hold" rating to a "sell" rating in a research report on Friday, April 11th. Robert W. Baird boosted their price target on shares of Foot Locker from $14.00 to $24.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Finally, Gordon Haskett lowered shares of Foot Locker from a "moderate buy" rating to a "hold" rating in a research note on Thursday, May 15th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, Foot Locker presently has an average rating of "Hold" and an average target price of $21.19.

Foot Locker Stock Performance

Shares of NYSE:FL traded down $0.08 during trading on Thursday, reaching $23.86. 4,903,940 shares of the stock were exchanged, compared to its average volume of 4,001,509. The firm has a market cap of $2.27 billion, a PE ratio of -5.29, a PEG ratio of 0.53 and a beta of 1.42. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15. Foot Locker, Inc. has a 12 month low of $11.00 and a 12 month high of $33.94. The stock has a 50-day moving average price of $14.23 and a 200-day moving average price of $18.66.

Foot Locker (NYSE:FL - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The athletic footwear retailer reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.13. The firm had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.32 billion. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The company's revenue was down 5.7% on a year-over-year basis. During the same quarter last year, the company earned $0.38 EPS. Research analysts expect that Foot Locker, Inc. will post 1.23 EPS for the current fiscal year.

Foot Locker Profile

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.