BNP Paribas Financial Markets Has $6.74 Million Position in Shoe Carnival, Inc. (NASDAQ:SCVL)

BNP Paribas Financial Markets raised its holdings in Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) by 241.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 203,805 shares of the company's stock after buying an additional 144,066 shares during the period. BNP Paribas Financial Markets owned about 0.75% of Shoe Carnival worth $6,742,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCVL. Barclays PLC raised its stake in Shoe Carnival by 189.7% in the third quarter. Barclays PLC now owns 30,342 shares of the company's stock valued at $1,330,000 after buying an additional 19,868 shares during the period. Franklin Resources Inc. bought a new stake in Shoe Carnival in the third quarter valued at approximately $530,000. SG Americas Securities LLC bought a new stake in Shoe Carnival in the fourth quarter valued at approximately $178,000. Sonora Investment Management Group LLC raised its stake in Shoe Carnival by 35.6% in the fourth quarter. Sonora Investment Management Group LLC now owns 49,956 shares of the company's stock valued at $1,653,000 after buying an additional 13,115 shares during the period. Finally, Copeland Capital Management LLC grew its position in shares of Shoe Carnival by 2.5% in the fourth quarter. Copeland Capital Management LLC now owns 1,204,443 shares of the company's stock valued at $39,843,000 after purchasing an additional 29,280 shares during the last quarter. Institutional investors own 66.05% of the company's stock.

Shoe Carnival Stock Up 1.9%

Shares of Shoe Carnival stock traded up $0.38 on Friday, hitting $20.26. The stock had a trading volume of 394,479 shares, compared to its average volume of 393,824. Shoe Carnival, Inc. has a twelve month low of $16.14 and a twelve month high of $46.92. The business's 50 day moving average is $19.64 and its two-hundred day moving average is $26.69. The stock has a market cap of $553.75 million, a price-to-earnings ratio of 7.45 and a beta of 1.41.

Shoe Carnival (NASDAQ:SCVL - Get Free Report) last posted its earnings results on Thursday, March 20th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.42 by $0.12. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. The company had revenue of $262.90 million for the quarter, compared to the consensus estimate of $277.89 million. During the same quarter in the prior year, the business earned $0.59 earnings per share. The firm's revenue for the quarter was down 6.2% on a year-over-year basis. As a group, equities analysts predict that Shoe Carnival, Inc. will post 2.6 earnings per share for the current fiscal year.

Shoe Carnival Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 21st. Stockholders of record on Monday, April 7th were given a $0.15 dividend. This is an increase from Shoe Carnival's previous quarterly dividend of $0.14. The ex-dividend date was Monday, April 7th. This represents a $0.60 annualized dividend and a dividend yield of 2.96%. Shoe Carnival's dividend payout ratio is presently 22.39%.

Shoe Carnival Profile

Shoe Carnival, Inc, together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories. The company also operates stores, and sells its products through online shopping at shoecarnival.com, as well as through mobile app.