Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG lowered its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 40.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,231 shares of the company's stock after selling 14,224 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned 0.07% of Boot Barn worth $3,223,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Boot Barn by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 3,409,865 shares of the company's stock worth $517,686,000 after buying an additional 73,089 shares during the period. Wellington Management Group LLP raised its holdings in Boot Barn by 48.6% during the fourth quarter. Wellington Management Group LLP now owns 2,161,052 shares of the company's stock worth $328,091,000 after purchasing an additional 706,518 shares during the last quarter. State Street Corp grew its holdings in Boot Barn by 4.4% in the third quarter. State Street Corp now owns 1,208,345 shares of the company's stock valued at $202,132,000 after purchasing an additional 51,356 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Boot Barn by 13.2% in the fourth quarter. Alliancebernstein L.P. now owns 846,983 shares of the company's stock valued at $128,589,000 after buying an additional 99,029 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Boot Barn by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 676,277 shares of the company's stock worth $113,150,000 after buying an additional 6,369 shares during the last quarter.

Remove Ads

Analysts Set New Price Targets

Several research firms have weighed in on BOOT. JPMorgan Chase & Co. raised their target price on shares of Boot Barn from $200.00 to $209.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Bank of America raised their price objective on shares of Boot Barn from $187.00 to $192.00 and gave the stock a "buy" rating in a research note on Wednesday, January 15th. Craig Hallum set a $178.00 target price on Boot Barn in a report on Friday, January 31st. BTIG Research boosted their price target on Boot Barn from $185.00 to $190.00 and gave the stock a "buy" rating in a report on Monday, January 13th. Finally, Robert W. Baird decreased their price objective on Boot Barn from $190.00 to $155.00 and set an "outperform" rating on the stock in a research note on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $181.92.

Boot Barn Stock Up 0.1 %

Shares of NYSE BOOT traded up $0.07 during trading on Friday, hitting $97.83. 2,364,930 shares of the company traded hands, compared to its average volume of 788,736. The firm has a market capitalization of $2.99 billion, a P/E ratio of 17.47, a P/E/G ratio of 1.17 and a beta of 1.75. The company has a 50-day moving average price of $124.04 and a 200-day moving average price of $141.83. Boot Barn Holdings, Inc. has a 1 year low of $89.84 and a 1 year high of $176.64.

Boot Barn (NYSE:BOOT - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $2.43 EPS for the quarter, beating analysts' consensus estimates of $2.05 by $0.38. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. Research analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

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.