Dana Investment Advisors Inc. Purchases 32,640 Shares of Foot Locker, Inc. (NYSE:FL)

Dana Investment Advisors Inc. increased its position in Foot Locker, Inc. (NYSE:FL - Free Report) by 31.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,176 shares of the athletic footwear retailer's stock after purchasing an additional 32,640 shares during the period. Dana Investment Advisors Inc. owned approximately 0.14% of Foot Locker worth $2,985,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its holdings in shares of Foot Locker by 88.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 5,323,597 shares of the athletic footwear retailer's stock worth $115,365,000 after purchasing an additional 2,500,396 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Foot Locker by 1.3% during the third quarter. Geode Capital Management LLC now owns 1,908,253 shares of the athletic footwear retailer's stock valued at $49,319,000 after buying an additional 25,394 shares during the last quarter. Bank of New York Mellon Corp raised its position in Foot Locker by 30.4% in the 4th quarter. Bank of New York Mellon Corp now owns 1,429,870 shares of the athletic footwear retailer's stock worth $31,114,000 after buying an additional 333,247 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Foot Locker by 5.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,176,449 shares of the athletic footwear retailer's stock valued at $25,600,000 after acquiring an additional 62,866 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in shares of Foot Locker by 10.3% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,135,474 shares of the athletic footwear retailer's stock valued at $29,341,000 after acquiring an additional 106,402 shares during the last quarter.

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Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FL. Williams Trading raised shares of Foot Locker from a "sell" rating to a "hold" rating and boosted their price objective for the company from $17.00 to $21.00 in a report on Wednesday, November 27th. JPMorgan Chase & Co. decreased their target price on shares of Foot Locker from $23.00 to $20.00 and set an "underweight" rating for the company in a research note on Friday, January 24th. Guggenheim dropped their price target on Foot Locker from $34.00 to $28.00 and set a "buy" rating on the stock in a research note on Thursday, December 5th. Telsey Advisory Group reiterated a "market perform" rating and set a $24.00 price objective on shares of Foot Locker in a research report on Wednesday, March 5th. Finally, The Goldman Sachs Group lowered their target price on Foot Locker from $25.00 to $22.00 and set a "sell" rating on the stock in a report on Thursday, December 5th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Foot Locker currently has an average rating of "Hold" and an average price target of $22.81.

Foot Locker Price Performance

Shares of FL traded down $0.96 during trading hours on Tuesday, reaching $16.22. 5,400,855 shares of the stock traded hands, compared to its average volume of 3,275,727. Foot Locker, Inc. has a 52-week low of $15.90 and a 52-week high of $33.94. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.54 billion, a P/E ratio of -3.60, a price-to-earnings-growth ratio of 0.53 and a beta of 1.55. The company's 50-day moving average price is $19.62 and its two-hundred day moving average price is $22.96.

Foot Locker (NYSE:FL - Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The athletic footwear retailer reported $0.86 EPS for the quarter, beating the consensus estimate of $0.73 by $0.13. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The business had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the business earned $0.38 earnings per share. The business's revenue was down 5.7% on a year-over-year basis. On average, analysts anticipate that Foot Locker, Inc. will post 1.23 earnings per share for the current year.

Foot Locker Company Profile

Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.