WINTON GROUP Ltd Buys 20,743 Shares of DICK'S Sporting Goods, Inc. $DKS

Key Points

• WINTON GROUP Ltd boosted its stake in DICK'S Sporting Goods by 125.4% in Q3, buying 20,743 shares to hold 37,285 shares worth about $8.285 million.
• Analyst consensus is a "Moderate Buy" with an average price target of $238.37 (one Strong Buy, ten Buy, nine Hold, one Sell among analysts).
• Institutional investors own 89.83% of the stock; DICK'S Sporting Goods has a market cap of $17.74 billion and a P/E of 15.86.

WINTON GROUP Ltd raised its stake in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 125.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,285 shares of the sporting goods retailer's stock after buying an additional 20,743 shares during the quarter. WINTON GROUP Ltd's holdings in DICK'S Sporting Goods were worth $8,285,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Clearstead Advisors LLC increased its stake in shares of DICK'S Sporting Goods by 46.9% in the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer's stock valued at $32,000 after acquiring an additional 46 shares during the last quarter. Root Financial Partners LLC bought a new position in DICK'S Sporting Goods during the 3rd quarter worth approximately $33,000. Westside Investment Management Inc. grew its holdings in DICK'S Sporting Goods by 100.0% during the third quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer's stock valued at $35,000 after purchasing an additional 76 shares during the period. Mather Group LLC. bought a new stake in DICK'S Sporting Goods in the third quarter valued at approximately $39,000. Finally, Atlantic Union Bankshares Corp bought a new stake in DICK'S Sporting Goods in the second quarter valued at approximately $40,000. Institutional investors own 89.83% of the company's stock.

DICK'S Sporting Goods Price Performance

NYSE:DKS opened at $197.17 on Monday. DICK'S Sporting Goods, Inc. has a 52-week low of $166.37 and a 52-week high of $237.31. The company has a market cap of $17.74 billion, a P/E ratio of 15.86, a P/E/G ratio of 2.56 and a beta of 1.23. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 1.57. The stock's 50-day simple moving average is $206.39 and its 200 day simple moving average is $215.13.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. The Goldman Sachs Group reissued a "buy" rating on shares of DICK'S Sporting Goods in a research report on Monday, January 5th. Wells Fargo & Company upped their price objective on shares of DICK'S Sporting Goods from $220.00 to $225.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 26th. TD Cowen reaffirmed a "hold" rating on shares of DICK'S Sporting Goods in a research note on Wednesday, November 26th. Morgan Stanley lifted their target price on DICK'S Sporting Goods from $253.00 to $260.00 and gave the stock an "overweight" rating in a report on Thursday, January 15th. Finally, Telsey Advisory Group decreased their target price on DICK'S Sporting Goods from $255.00 to $245.00 and set an "outperform" rating for the company in a research note on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $238.37.

DICK'S Sporting Goods Profile

DICK'S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK'S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.

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