Vanguard Group Inc. Has $517.69 Million Holdings in Boot Barn Holdings, Inc. (NYSE:BOOT)

Vanguard Group Inc. increased its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,409,865 shares of the company's stock after purchasing an additional 73,089 shares during the quarter. Vanguard Group Inc. owned approximately 11.15% of Boot Barn worth $517,686,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Louisiana State Employees Retirement System increased its holdings in shares of Boot Barn by 0.7% during the fourth quarter. Louisiana State Employees Retirement System now owns 14,800 shares of the company's stock worth $2,247,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System grew its position in Boot Barn by 1.1% during the 4th quarter. Arizona State Retirement System now owns 8,853 shares of the company's stock worth $1,344,000 after acquiring an additional 100 shares during the last quarter. Signaturefd LLC increased its holdings in Boot Barn by 201.8% in the 4th quarter. Signaturefd LLC now owns 166 shares of the company's stock worth $25,000 after purchasing an additional 111 shares in the last quarter. Assetmark Inc. raised its position in Boot Barn by 45.2% in the fourth quarter. Assetmark Inc. now owns 363 shares of the company's stock valued at $55,000 after purchasing an additional 113 shares during the last quarter. Finally, OLD National Bancorp IN grew its holdings in shares of Boot Barn by 6.2% during the fourth quarter. OLD National Bancorp IN now owns 2,230 shares of the company's stock worth $339,000 after purchasing an additional 130 shares during the last quarter.

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Boot Barn Price Performance

Shares of NYSE:BOOT traded up $0.07 during mid-day trading on Friday, hitting $97.83. The company had a trading volume of 2,364,930 shares, compared to its average volume of 788,736. The company has a market capitalization of $2.99 billion, a PE ratio of 17.47, a price-to-earnings-growth ratio of 1.17 and a beta of 1.75. Boot Barn Holdings, Inc. has a one year low of $89.84 and a one year high of $176.64. The firm has a fifty day moving average price of $124.04 and a 200 day moving average price of $141.83.

Boot Barn (NYSE:BOOT - Get Free Report) last announced 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%. Research analysts expect that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on BOOT shares. Craig Hallum set a $178.00 target price on shares of Boot Barn in a report on Friday, January 31st. Robert W. Baird decreased their price objective on Boot Barn from $190.00 to $155.00 and set an "outperform" rating for the company in a report on Wednesday, March 5th. BTIG Research lifted their target price on Boot Barn from $185.00 to $190.00 and gave the stock a "buy" rating in a report on Monday, January 13th. StockNews.com cut Boot Barn from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Finally, UBS Group lowered their price objective on Boot Barn from $210.00 to $200.00 and set a "buy" rating for the company in a research report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $181.92.

Boot Barn Company 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.