JPMorgan Chase & Co. Has $535,000 Stock Holdings in Escalade, Incorporated (NASDAQ:ESCA)

JPMorgan Chase & Co. raised its stake in Escalade, Incorporated (NASDAQ:ESCA - Free Report) by 98.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,474 shares of the company's stock after acquiring an additional 18,560 shares during the quarter. JPMorgan Chase & Co. owned about 0.27% of Escalade worth $535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of ESCA. Barclays PLC increased its holdings in shares of Escalade by 251.3% in the third quarter. Barclays PLC now owns 13,185 shares of the company's stock valued at $186,000 after purchasing an additional 9,432 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Escalade by 8.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 28,786 shares of the company's stock valued at $411,000 after buying an additional 2,221 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Escalade by 6.4% in the 4th quarter. Bank of New York Mellon Corp now owns 127,446 shares of the company's stock valued at $1,820,000 after buying an additional 7,659 shares during the period. 65.22% of the stock is owned by institutional investors.

Escalade Trading Up 4.2 %

Shares of ESCA traded up $0.61 during trading hours on Friday, hitting $15.30. 9,844 shares of the stock traded hands, compared to its average volume of 21,319. The business has a fifty day moving average of $15.02 and a 200-day moving average of $14.88. The company has a current ratio of 3.45, a quick ratio of 1.41 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $209.06 million, a PE ratio of 16.28 and a beta of 0.88. Escalade, Incorporated has a 1-year low of $12.53 and a 1-year high of $16.99.

Escalade (NASDAQ:ESCA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.01). Escalade had a return on equity of 7.17% and a net margin of 5.20%. The business had revenue of $251.51 million for the quarter, compared to the consensus estimate of $62.20 million. Analysts expect that Escalade, Incorporated will post 0.93 EPS for the current year.

Escalade Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, April 7th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, April 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.92%. Escalade's dividend payout ratio (DPR) is presently 65.22%.

Escalade Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.