Dean Investment Associates LLC Makes New Investment in Franklin Covey Co. (NYSE:FC)

Dean Investment Associates LLC bought a new position in shares of Franklin Covey Co. (NYSE:FC - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 54,926 shares of the business services provider's stock, valued at approximately $2,259,000. Dean Investment Associates LLC owned about 0.42% of Franklin Covey as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC acquired a new stake in shares of Franklin Covey during the 2nd quarter worth about $226,000. Point72 Asset Management L.P. acquired a new position in Franklin Covey during the second quarter worth $248,000. O Keefe Stevens Advisory Inc. boosted its holdings in Franklin Covey by 30.6% during the 3rd quarter. O Keefe Stevens Advisory Inc. now owns 6,954 shares of the business services provider's stock valued at $286,000 after acquiring an additional 1,629 shares during the period. SG Americas Securities LLC purchased a new position in shares of Franklin Covey in the third quarter valued at approximately $290,000. Finally, Creative Planning acquired a new position in shares of Franklin Covey in the third quarter valued at approximately $301,000. Hedge funds and other institutional investors own 69.88% of the company's stock.

Wall Street Analysts Forecast Growth

FC has been the topic of several analyst reports. StockNews.com upgraded Franklin Covey from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, November 27th. Barrington Research reissued an "outperform" rating and issued a $45.00 price objective on shares of Franklin Covey in a research report on Thursday, November 7th.

Franklin Covey Stock Up 1.6 %

Shares of Franklin Covey stock traded up $0.57 during trading hours on Monday, hitting $36.75. The company had a trading volume of 77,445 shares, compared to its average volume of 72,482. The company's 50-day moving average is $38.83 and its two-hundred day moving average is $38.82. Franklin Covey Co. has a twelve month low of $33.75 and a twelve month high of $44.96. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.99 and a quick ratio of 0.96. The company has a market cap of $484.51 million, a P/E ratio of 21.12, a price-to-earnings-growth ratio of 1.33 and a beta of 1.20.

Franklin Covey (NYSE:FC - Get Free Report) last posted its earnings results on Wednesday, November 6th. The business services provider reported $0.89 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.07. The business had revenue of $84.12 million for the quarter, compared to analysts' expectations of $80.38 million. Franklin Covey had a return on equity of 31.28% and a net margin of 8.15%. Analysts anticipate that Franklin Covey Co. will post 1.36 earnings per share for the current fiscal year.

Franklin Covey Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.