CenterBook Partners LP Has $6.56 Million Stock Holdings in Boot Barn Holdings, Inc. (NYSE:BOOT)

CenterBook Partners LP increased its holdings in Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 835.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 43,223 shares of the company's stock after buying an additional 38,602 shares during the period. CenterBook Partners LP owned about 0.14% of Boot Barn worth $6,562,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of BOOT. Signaturefd LLC boosted 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 valued at $25,000 after acquiring an additional 111 shares during the period. Blue Trust Inc. lifted its position 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 purchasing an additional 143 shares during the last quarter. Assetmark Inc. boosted its stake in 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 purchasing an additional 113 shares during the period. R Squared Ltd bought a new position in Boot Barn in the 4th quarter worth about $102,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Boot Barn by 212.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 749 shares of the company's stock valued at $115,000 after buying an additional 509 shares during the last quarter.

Analysts Set New Price Targets

Several analysts recently commented on the company. JPMorgan Chase & Co. raised their target price on Boot Barn from $200.00 to $209.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. StockNews.com lowered Boot Barn from a "hold" rating to a "sell" rating in a report on Monday, February 17th. Craig Hallum set a $178.00 price objective on shares of Boot Barn in a report on Friday, January 31st. BTIG Research raised their target price 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. Finally, UBS Group reduced their price target on shares of Boot Barn from $210.00 to $200.00 and set a "buy" rating for the company in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Boot Barn currently has an average rating of "Moderate Buy" and an average price target of $175.62.

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Boot Barn Stock Down 2.0 %

Boot Barn stock traded down $1.98 during mid-day trading on Monday, hitting $95.74. 421,304 shares of the company were exchanged, compared to its average volume of 801,740. Boot Barn Holdings, Inc. has a 1-year low of $88.23 and a 1-year high of $176.64. The business has a fifty day moving average of $114.94 and a 200 day moving average of $138.52. The company has a market capitalization of $2.93 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 1.17 and a beta of 1.75.

Boot Barn (NYSE:BOOT - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $2.43 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 expect that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current year.

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.