Barclays PLC Purchases 6,288 Shares of Boot Barn Holdings, Inc. (NYSE:BOOT)

Barclays PLC grew its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,093 shares of the company's stock after buying an additional 6,288 shares during the period. Barclays PLC owned approximately 0.19% of Boot Barn worth $8,820,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of BOOT. Signaturefd LLC increased its holdings in shares of Boot Barn by 201.8% during 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 period. Blue Trust Inc. raised its holdings in Boot Barn by 1,430.0% in 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 position in shares of 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 during the period. R Squared Ltd acquired a new stake in shares of Boot Barn during the 4th quarter worth $102,000. Finally, Smartleaf Asset Management LLC raised its stake in Boot Barn by 212.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 749 shares of the company's stock valued at $115,000 after purchasing an additional 509 shares in the last quarter.

Boot Barn Price Performance

Shares of Boot Barn stock traded up $0.45 during trading on Friday, reaching $102.63. 819,883 shares of the company traded hands, compared to its average volume of 817,267. The company has a 50 day moving average price of $106.43 and a 200-day moving average price of $133.85. Boot Barn Holdings, Inc. has a 1-year low of $86.17 and a 1-year high of $176.64. The firm has a market capitalization of $3.14 billion, a PE ratio of 18.33, a P/E/G ratio of 1.17 and a beta of 1.75.

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

Wall Street Analysts Forecast Growth

BOOT has been the topic of several recent analyst reports. 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. UBS Group dropped their target price on shares of Boot Barn from $210.00 to $200.00 and set a "buy" rating for the company in a report on Monday, February 3rd. Robert W. Baird dropped their price target on Boot Barn from $133.00 to $120.00 and set an "outperform" rating for the company in a research note on Wednesday. Bank of America upped their target price on Boot Barn from $187.00 to $192.00 and gave the stock a "buy" rating in a report on Wednesday, January 15th. Finally, StockNews.com cut shares of Boot Barn from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $169.23.

About Boot Barn

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.