American Century Companies Inc. Raises Position in Boot Barn Holdings, Inc. (NYSE:BOOT)

American Century Companies Inc. lifted its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 22.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 493,977 shares of the company's stock after purchasing an additional 91,705 shares during the quarter. American Century Companies Inc. owned 1.61% of Boot Barn worth $74,996,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Signaturefd LLC raised its stake in shares of Boot Barn by 201.8% in the fourth quarter. Signaturefd LLC now owns 166 shares of the company's stock worth $25,000 after purchasing an additional 111 shares during the last quarter. Blue Trust Inc. lifted its stake in Boot Barn by 1,430.0% during the 4th quarter. Blue Trust Inc. now owns 153 shares of the company's stock valued at $26,000 after acquiring an additional 143 shares in the last quarter. Assetmark Inc. lifted its stake in Boot Barn by 45.2% during the 4th quarter. Assetmark Inc. now owns 363 shares of the company's stock valued at $55,000 after acquiring an additional 113 shares in the last quarter. R Squared Ltd purchased a new position in Boot Barn during the 4th quarter worth $102,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Boot Barn by 212.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 749 shares of the company's stock worth $115,000 after acquiring an additional 509 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Bank of America raised their price target on shares of Boot Barn from $187.00 to $192.00 and gave the company a "buy" rating in a research report on Wednesday, January 15th. Craig Hallum set a $178.00 target price on Boot Barn in a research note on Friday, January 31st. BTIG Research increased their price target on Boot Barn from $185.00 to $190.00 and gave the company a "buy" rating in a research report on Monday, January 13th. KeyCorp raised Boot Barn from a "sector weight" rating to an "overweight" rating and set a $190.00 price objective on the stock in a research report on Thursday, January 23rd. Finally, StockNews.com downgraded Boot Barn from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $181.92.

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Boot Barn Trading Down 2.9 %

Shares of BOOT traded down $3.14 during mid-day trading on Friday, reaching $104.13. 639,227 shares of the stock traded hands, compared to its average volume of 777,702. The company has a market cap of $3.19 billion, a price-to-earnings ratio of 18.59, a price-to-earnings-growth ratio of 1.17 and a beta of 2.07. Boot Barn Holdings, Inc. has a 1 year low of $95.28 and a 1 year high of $176.64. The firm has a fifty day moving average price of $129.91 and a 200 day moving average price of $143.55.

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

Insider Activity at Boot Barn

In other Boot Barn news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the completion of the sale, the chief executive officer now owns 3,937 shares of the company's stock, valued at $602,282.26. The trade was a 61.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by insiders.

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.