119,993 Shares in Foot Locker, Inc. (NYSE:FL) Purchased by Natixis Advisors L.P.

Natixis Advisors L.P. acquired a new stake in Foot Locker, Inc. (NYSE:FL - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 119,993 shares of the athletic footwear retailer's stock, valued at approximately $3,736,000. Natixis Advisors L.P. owned 0.13% of Foot Locker as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in FL. Tower Research Capital LLC TRC increased its holdings in shares of Foot Locker by 445.8% during the 3rd quarter. Tower Research Capital LLC TRC now owns 27,477 shares of the athletic footwear retailer's stock worth $477,000 after buying an additional 22,443 shares during the last quarter. AQR Capital Management LLC increased its stake in Foot Locker by 110.4% during the third quarter. AQR Capital Management LLC now owns 731,256 shares of the athletic footwear retailer's stock worth $12,687,000 after acquiring an additional 383,724 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in Foot Locker during the fourth quarter worth about $20,717,000. Vanguard Group Inc. raised its holdings in shares of Foot Locker by 9.6% in the 3rd quarter. Vanguard Group Inc. now owns 10,292,817 shares of the athletic footwear retailer's stock worth $178,580,000 after purchasing an additional 902,610 shares during the period. Finally, Citigroup Inc. lifted its stake in shares of Foot Locker by 18.6% in the 3rd quarter. Citigroup Inc. now owns 194,542 shares of the athletic footwear retailer's stock valued at $3,375,000 after purchasing an additional 30,497 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research firms recently commented on FL. Jefferies Financial Group cut their price target on shares of Foot Locker from $25.00 to $24.00 and set a "hold" rating on the stock in a report on Wednesday, March 6th. StockNews.com lowered Foot Locker from a "hold" rating to a "sell" rating in a research note on Tuesday, April 30th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $28.00 target price (down from $38.00) on shares of Foot Locker in a research report on Thursday, March 7th. Bank of America decreased their price target on shares of Foot Locker from $31.00 to $27.00 and set a "neutral" rating for the company in a research report on Thursday, March 7th. Finally, UBS Group upgraded shares of Foot Locker from a "sell" rating to a "neutral" rating and lifted their price target for the stock from $12.00 to $23.00 in a research note on Monday, March 11th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Foot Locker presently has an average rating of "Hold" and a consensus price target of $24.56.

Foot Locker Trading Down 0.9 %

FL traded down $0.21 during trading on Friday, reaching $24.11. The company had a trading volume of 2,179,238 shares, compared to its average volume of 2,879,144. The firm's 50-day simple moving average is $24.02 and its 200 day simple moving average is $26.46. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.55 and a current ratio of 1.72. The company has a market cap of $2.28 billion, a price-to-earnings ratio of -6.89, a PEG ratio of 0.58 and a beta of 1.50. Foot Locker, Inc. has a 12-month low of $14.84 and a 12-month high of $42.19.

Foot Locker (NYSE:FL - Get Free Report) last released its earnings results on Wednesday, March 6th. The athletic footwear retailer reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.04. The business had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.28 billion. Foot Locker had a negative net margin of 4.04% and a positive return on equity of 4.25%. The firm's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period last year, the firm posted $0.97 earnings per share. Equities research analysts anticipate that Foot Locker, Inc. will post 1.55 earnings per share for the current year.

About Foot Locker

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.