Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 1.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 358,579 shares of the company's stock after buying an additional 5,881 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.17% of Boot Barn worth $54,439,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Blue Trust Inc. increased its stake in shares of Boot Barn by 1,430.0% during the fourth quarter. Blue Trust Inc. now owns 153 shares of the company's stock worth $26,000 after acquiring an additional 143 shares during the period. R Squared Ltd purchased a new stake in Boot Barn in the 4th quarter valued at approximately $102,000. Smartleaf Asset Management LLC increased its position in Boot Barn by 212.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 749 shares of the company's stock worth $115,000 after purchasing an additional 509 shares during the period. KBC Group NV raised its stake in shares of Boot Barn by 23.3% during the 3rd quarter. KBC Group NV now owns 951 shares of the company's stock worth $159,000 after buying an additional 180 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in shares of Boot Barn by 13.9% in the 4th quarter. First Horizon Advisors Inc. now owns 1,095 shares of the company's stock valued at $166,000 after buying an additional 134 shares during the period.

Analyst Ratings Changes

A number of brokerages recently weighed in on BOOT. Bank of America increased their price objective on Boot Barn from $187.00 to $192.00 and gave the stock a "buy" rating in a research report on Wednesday, January 15th. Robert W. Baird cut their price target on shares of Boot Barn from $190.00 to $155.00 and set an "outperform" rating for the company in a report on Wednesday, March 5th. StockNews.com lowered shares of Boot Barn from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. KeyCorp raised shares of Boot Barn from a "sector weight" rating to an "overweight" rating and set a $190.00 target price for the company in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. boosted their price target on Boot Barn from $200.00 to $209.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $181.92.

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Insiders Place Their Bets

In related news, CEO John Hazen sold 6,311 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the transaction, the chief executive officer now directly owns 3,937 shares in the company, valued at approximately $602,282.26. This represents a 61.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Boot Barn Trading Up 2.0 %

Shares of NYSE BOOT traded up $2.08 during trading on Monday, reaching $103.89. The company had a trading volume of 710,609 shares, compared to its average volume of 756,348. Boot Barn Holdings, Inc. has a twelve month low of $82.67 and a twelve month high of $176.64. The stock has a 50-day moving average price of $139.92 and a two-hundred day moving average price of $145.72. The stock has a market capitalization of $3.18 billion, a PE ratio of 18.55, a price-to-earnings-growth ratio of 1.17 and a beta of 2.07.

Boot Barn (NYSE:BOOT - Get Free Report) last announced its earnings results 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, sell-side analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS 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.