Blair William & Co. IL Has $606,000 Stock Holdings in Boot Barn Holdings, Inc. (NYSE:BOOT)

Blair William & Co. IL raised its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 203.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,989 shares of the company's stock after purchasing an additional 2,674 shares during the quarter. Blair William & Co. IL's holdings in Boot Barn were worth $606,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BOOT. Louisiana State Employees Retirement System raised its position in shares of Boot Barn by 0.7% during the 4th quarter. Louisiana State Employees Retirement System now owns 14,800 shares of the company's stock valued at $2,247,000 after acquiring an additional 100 shares in the last quarter. Arizona State Retirement System increased its stake in Boot Barn by 1.1% during the fourth quarter. Arizona State Retirement System now owns 8,853 shares of the company's stock valued at $1,344,000 after purchasing an additional 100 shares during the last quarter. Signaturefd LLC raised 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. Assetmark Inc. lifted its position in shares of Boot Barn by 45.2% in the 4th quarter. Assetmark Inc. now owns 363 shares of the company's stock worth $55,000 after buying an additional 113 shares during the last quarter. Finally, OLD National Bancorp IN grew its position in shares of Boot Barn by 6.2% during the 4th quarter. OLD National Bancorp IN now owns 2,230 shares of the company's stock valued at $339,000 after buying an additional 130 shares during the last quarter.

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Boot Barn Trading Down 8.4 %

NYSE:BOOT traded down $8.31 on Tuesday, hitting $91.23. 1,252,148 shares of the company's stock traded hands, compared to its average volume of 795,054. The firm has a 50-day moving average price of $119.36 and a 200-day moving average price of $140.34. The company has a market cap of $2.79 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 1.17 and a beta of 1.75. 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 released its quarterly earnings data on Thursday, January 30th. The company reported $2.43 earnings per share for the quarter, beating 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%. On average, research analysts forecast that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on BOOT. KeyCorp upgraded Boot Barn from a "sector weight" rating to an "overweight" rating and set a $190.00 target price for the company in a research note on Thursday, January 23rd. Craig Hallum set a $178.00 price target on Boot Barn in a report on Friday, January 31st. UBS Group cut 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. Piper Sandler reissued an "overweight" rating and set a $181.00 price target (up from $179.00) on shares of Boot Barn in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. upped their price objective on shares of Boot Barn from $200.00 to $209.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Boot Barn currently has a consensus rating of "Moderate Buy" and a consensus target price of $181.92.

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.