Knights of Columbus Asset Advisors LLC Acquires 3,162 Shares of Boot Barn Holdings, Inc. (NYSE:BOOT)

Knights of Columbus Asset Advisors LLC raised its holdings in Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 21.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,724 shares of the company's stock after purchasing an additional 3,162 shares during the quarter. Knights of Columbus Asset Advisors LLC owned 0.06% of Boot Barn worth $2,691,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC lifted its stake in Boot Barn by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 676,277 shares of the company's stock worth $113,150,000 after purchasing an additional 6,369 shares in the last quarter. Dale Q Rice Investment Management Ltd acquired a new stake in shares of Boot Barn in the fourth quarter valued at $1,544,000. Algert Global LLC increased its stake in Boot Barn by 653.9% during the third quarter. Algert Global LLC now owns 23,001 shares of the company's stock worth $3,848,000 after purchasing an additional 19,950 shares during the period. Blueshift Asset Management LLC purchased a new position in Boot Barn in the 3rd quarter valued at approximately $3,343,000. Finally, Stephens Investment Management Group LLC purchased a new position in Boot Barn in the fourth quarter valued at $46,699,000.

Analyst Ratings Changes

Several brokerages recently commented on BOOT. UBS Group cut their price target on shares of Boot Barn from $210.00 to $200.00 and set a "buy" rating on the stock in a research note on Monday, February 3rd. Bank of America lifted their price objective on Boot Barn from $187.00 to $192.00 and gave the company a "buy" rating in a report on Wednesday, January 15th. BTIG Research raised their price objective on shares of Boot Barn from $185.00 to $190.00 and gave the company a "buy" rating in a research note on Monday, January 13th. KeyCorp raised Boot Barn from a "sector weight" rating to an "overweight" rating and set a $190.00 price objective for the company in a research note on Thursday, January 23rd. Finally, Robert W. Baird lowered their price target on shares of Boot Barn from $190.00 to $155.00 and set an "outperform" rating on the stock in a research report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $181.92.

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Insider Activity at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The shares were 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 directly 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 transaction was disclosed in a filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by insiders.

Boot Barn Trading Up 0.7 %

NYSE:BOOT traded up $0.72 during trading hours on Thursday, hitting $107.33. 583,412 shares of the stock traded hands, compared to its average volume of 763,451. The firm has a market cap of $3.28 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 1.17 and a beta of 2.07. Boot Barn Holdings, Inc. has a fifty-two week low of $88.35 and a fifty-two week high of $176.64. The firm has a 50 day moving average price of $131.95 and a 200 day moving average price of $144.05.

Boot Barn (NYSE:BOOT - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $2.43 earnings per share (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 year.

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.