Barclays PLC lifted its position in Franklin Covey Co. (NYSE:FC - Free Report) by 178.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,499 shares of the business services provider's stock after buying an additional 21,489 shares during the quarter. Barclays PLC owned about 0.25% of Franklin Covey worth $1,379,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in FC. Cubist Systematic Strategies LLC acquired a new stake in Franklin Covey in the 2nd quarter worth approximately $226,000. Point72 Asset Management L.P. acquired a new stake in Franklin Covey in the 2nd quarter worth approximately $248,000. O Keefe Stevens Advisory Inc. lifted its holdings in Franklin Covey by 30.6% in the 3rd quarter. O Keefe Stevens Advisory Inc. now owns 6,954 shares of the business services provider's stock worth $286,000 after purchasing an additional 1,629 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Franklin Covey in the 3rd quarter worth approximately $290,000. Finally, Creative Planning acquired a new stake in Franklin Covey in the 3rd quarter worth approximately $301,000. Institutional investors own 69.88% of the company's stock.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on FC shares. Barrington Research restated an "outperform" rating and issued a $45.00 target price on shares of Franklin Covey in a report on Thursday, November 7th. StockNews.com upgraded Franklin Covey from a "buy" rating to a "strong-buy" rating in a report on Wednesday, November 27th.
Get Our Latest Analysis on FC
Franklin Covey Stock Performance
Shares of FC stock traded down $0.88 during trading hours on Monday, reaching $30.37. 244,415 shares of the company's stock were exchanged, compared to its average volume of 136,674. Franklin Covey Co. has a fifty-two week low of $28.99 and a fifty-two week high of $44.46. The stock has a market capitalization of $400.40 million, a P/E ratio of 17.45, a P/E/G ratio of 1.33 and a beta of 1.21. The business has a fifty day moving average price of $36.97 and a 200-day moving average price of $38.98. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.03.
Franklin Covey (NYSE:FC - Get Free Report) last issued its earnings results on Wednesday, January 8th. The business services provider reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.22 by ($0.13). Franklin Covey had a net margin of 8.15% and a return on equity of 31.28%. Analysts predict that Franklin Covey Co. will post 1.36 EPS for the current fiscal year.
Franklin Covey Profile
(
Free Report)
Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.
Featured Stories
Before you consider Franklin Covey, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Franklin Covey wasn't on the list.
While Franklin Covey currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
