Marshall Wace LLP Buys 945,438 Shares of Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH)

Marshall Wace LLP grew its position in shares of Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) by 365.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,203,805 shares of the company's stock after acquiring an additional 945,438 shares during the quarter. Marshall Wace LLP owned about 3.17% of Sportsman's Warehouse worth $3,214,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of SPWH. Jane Street Group LLC raised its holdings in Sportsman's Warehouse by 16.6% during the third quarter. Jane Street Group LLC now owns 225,473 shares of the company's stock worth $611,000 after buying an additional 32,073 shares during the last quarter. Barclays PLC raised its holdings in shares of Sportsman's Warehouse by 25,025.0% in the 3rd quarter. Barclays PLC now owns 38,190 shares of the company's stock worth $103,000 after acquiring an additional 38,038 shares during the last quarter. Geode Capital Management LLC lifted its position in Sportsman's Warehouse by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 434,022 shares of the company's stock valued at $1,176,000 after acquiring an additional 10,058 shares in the last quarter. SkyView Investment Advisors LLC boosted its stake in Sportsman's Warehouse by 5.3% during the 3rd quarter. SkyView Investment Advisors LLC now owns 184,563 shares of the company's stock valued at $500,000 after purchasing an additional 9,332 shares during the last quarter. Finally, R Squared Ltd bought a new stake in Sportsman's Warehouse during the 4th quarter worth approximately $33,000. 83.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Roth Mkm cut their target price on Sportsman's Warehouse from $3.50 to $2.50 and set a "buy" rating on the stock in a research report on Wednesday, April 2nd. Craig Hallum upgraded shares of Sportsman's Warehouse from a "hold" rating to a "buy" rating and set a $3.00 target price for the company in a research note on Wednesday, April 2nd. Finally, B. Riley reiterated a "buy" rating and issued a $3.00 target price (down previously from $4.00) on shares of Sportsman's Warehouse in a report on Wednesday, April 2nd. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $2.80.

Sportsman's Warehouse Stock Performance

Sportsman's Warehouse stock traded up $0.04 during midday trading on Thursday, reaching $1.71. The stock had a trading volume of 97,784 shares, compared to its average volume of 992,523. The company has a quick ratio of 0.06, a current ratio of 1.20 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $65.28 million, a PE ratio of -1.94 and a beta of 0.75. Sportsman's Warehouse Holdings, Inc. has a 12 month low of $0.92 and a 12 month high of $4.44. The firm's 50-day moving average price is $1.36 and its 200 day moving average price is $1.98.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last issued its earnings results on Tuesday, April 1st. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.12. The business had revenue of $340.40 million for the quarter, compared to analysts' expectations of $328.67 million. Sportsman's Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%. As a group, research analysts predict that Sportsman's Warehouse Holdings, Inc. will post -0.65 earnings per share for the current fiscal year.

Sportsman's Warehouse Profile

Sportsman's Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.