Susquehanna Fundamental Investments LLC Takes $1.64 Million Position in Boot Barn Holdings, Inc. (NYSE:BOOT)

Susquehanna Fundamental Investments LLC purchased a new position in Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,818 shares of the company's stock, valued at approximately $1,642,000.

Several other large investors also recently bought and sold shares of the company. Bank of Montreal Can lifted its stake in Boot Barn by 1.4% during the fourth quarter. Bank of Montreal Can now owns 5,936 shares of the company's stock valued at $901,000 after buying an additional 82 shares in the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of Boot Barn by 7.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 1,367 shares of the company's stock valued at $208,000 after acquiring an additional 97 shares during the period. Summit Investment Advisors Inc. lifted its position in shares of Boot Barn by 3.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 3,096 shares of the company's stock valued at $470,000 after acquiring an additional 98 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in Boot Barn by 0.7% in the 4th quarter. Louisiana State Employees Retirement System now owns 14,800 shares of the company's stock worth $2,247,000 after purchasing an additional 100 shares during the period. Finally, Arizona State Retirement System grew its position in Boot Barn by 1.1% during the 4th quarter. Arizona State Retirement System now owns 8,853 shares of the company's stock worth $1,344,000 after purchasing an additional 100 shares in the last quarter.

Boot Barn Stock Performance

Shares of NYSE:BOOT traded up $5.73 on Friday, hitting $113.46. The stock had a trading volume of 1,009,606 shares, compared to its average volume of 818,638. The firm's 50 day moving average price is $104.14 and its 200-day moving average price is $131.93. Boot Barn Holdings, Inc. has a twelve month low of $86.17 and a twelve month high of $176.64. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 20.26, a price-to-earnings-growth ratio of 1.17 and a beta of 1.59.

Boot Barn (NYSE:BOOT - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.38. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. As a group, sell-side analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Stephens started coverage on Boot Barn in a research report on Wednesday, April 9th. They issued an "overweight" rating and a $100.00 target price for the company. UBS Group lowered their target price on Boot Barn from $210.00 to $200.00 and set a "buy" rating on the stock in a research note on Monday, February 3rd. BTIG Research increased their price target on shares of Boot Barn from $185.00 to $190.00 and gave the stock a "buy" rating in a research report on Monday, January 13th. Piper Sandler set a $162.00 price target on shares of Boot Barn in a report on Friday, April 25th. Finally, Craig Hallum upgraded shares of Boot Barn from a "hold" rating to a "buy" rating and set a $130.00 price objective on the stock in a research note on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $165.85.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.