DICK'S Sporting Goods, Inc. (NYSE:DKS) Shares Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 1,718.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 200,000 shares of the sporting goods retailer's stock after acquiring an additional 189,000 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.25% of DICK'S Sporting Goods worth $41,740,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. ORG Partners LLC lifted its holdings in DICK'S Sporting Goods by 37.0% during the third quarter. ORG Partners LLC now owns 200 shares of the sporting goods retailer's stock valued at $42,000 after purchasing an additional 54 shares in the last quarter. CIBC Asset Management Inc lifted its holdings in DICK'S Sporting Goods by 1.7% during the third quarter. CIBC Asset Management Inc now owns 3,232 shares of the sporting goods retailer's stock valued at $675,000 after purchasing an additional 54 shares in the last quarter. Quent Capital LLC lifted its holdings in DICK'S Sporting Goods by 0.6% during the second quarter. Quent Capital LLC now owns 9,752 shares of the sporting goods retailer's stock valued at $2,095,000 after purchasing an additional 57 shares in the last quarter. Vista Capital Partners Inc. lifted its holdings in DICK'S Sporting Goods by 5.7% during the second quarter. Vista Capital Partners Inc. now owns 1,057 shares of the sporting goods retailer's stock valued at $227,000 after purchasing an additional 57 shares in the last quarter. Finally, Range Financial Group LLC lifted its holdings in DICK'S Sporting Goods by 0.8% during the second quarter. Range Financial Group LLC now owns 9,386 shares of the sporting goods retailer's stock valued at $2,017,000 after purchasing an additional 75 shares in the last quarter. Institutional investors and hedge funds own 89.83% of the company's stock.

DICK'S Sporting Goods Trading Up 0.7 %

Shares of DKS traded up $1.44 during trading on Thursday, reaching $213.66. 1,939,552 shares of the company traded hands, compared to its average volume of 1,091,873. DICK'S Sporting Goods, Inc. has a twelve month low of $120.39 and a twelve month high of $239.30. The stock has a market cap of $17.39 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 2.45 and a beta of 1.64. The stock has a 50-day simple moving average of $205.76 and a 200-day simple moving average of $210.64. The company has a quick ratio of 0.69, a current ratio of 1.77 and a debt-to-equity ratio of 0.51.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The sporting goods retailer reported $2.75 EPS for the quarter, beating the consensus estimate of $2.68 by $0.07. DICK'S Sporting Goods had a net margin of 8.46% and a return on equity of 45.14%. The business had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same quarter last year, the firm posted $2.85 earnings per share. The business's revenue for the quarter was up .5% compared to the same quarter last year. On average, analysts anticipate that DICK'S Sporting Goods, Inc. will post 13.88 earnings per share for the current year.

DICK'S Sporting Goods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Friday, December 13th. DICK'S Sporting Goods's payout ratio is 32.28%.

Analyst Ratings Changes

Several research firms have recently weighed in on DKS. Citigroup decreased their price target on shares of DICK'S Sporting Goods from $243.00 to $230.00 and set a "neutral" rating on the stock in a research note on Thursday, September 5th. Bank of America raised their price target on shares of DICK'S Sporting Goods from $240.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, September 5th. TD Cowen raised their price target on shares of DICK'S Sporting Goods from $266.00 to $270.00 and gave the stock a "buy" rating in a research note on Tuesday, September 3rd. Truist Financial raised their price target on shares of DICK'S Sporting Goods from $256.00 to $258.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, Robert W. Baird reissued a "neutral" rating and issued a $235.00 price target on shares of DICK'S Sporting Goods in a research note on Wednesday, August 28th. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $244.95.

DICK'S Sporting Goods Company Profile

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.