Foot Locker, Inc. (NYSE:FL) Stock Holdings Boosted by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. increased its stake in shares of Foot Locker, Inc. (NYSE:FL - Free Report) by 106.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 106,448 shares of the athletic footwear retailer's stock after buying an additional 54,789 shares during the quarter. EFG Asset Management North America Corp. owned about 0.11% of Foot Locker worth $2,317,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. EntryPoint Capital LLC purchased a new position in Foot Locker during the 4th quarter valued at about $368,000. Segall Bryant & Hamill LLC purchased a new position in shares of Foot Locker during the 4th quarter worth approximately $18,640,000. Prudential Financial Inc. raised its position in shares of Foot Locker by 30.5% during the 4th quarter. Prudential Financial Inc. now owns 547,806 shares of the athletic footwear retailer's stock worth $11,920,000 after purchasing an additional 127,900 shares during the last quarter. Vanguard Group Inc. lifted its stake in Foot Locker by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 10,505,006 shares of the athletic footwear retailer's stock valued at $228,589,000 after buying an additional 210,832 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in Foot Locker by 38.8% during the 4th quarter. LPL Financial LLC now owns 21,789 shares of the athletic footwear retailer's stock valued at $474,000 after buying an additional 6,090 shares during the last quarter.

Wall Street Analysts Forecast Growth

FL has been the subject of a number of analyst reports. Barclays set a $24.00 price target on Foot Locker in a report on Wednesday, March 5th. Morgan Stanley reduced their target price on shares of Foot Locker from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Friday, December 6th. UBS Group cut their price objective on shares of Foot Locker from $22.00 to $21.00 and set a "neutral" rating for the company in a research report on Thursday, March 6th. Robert W. Baird lowered their target price on shares of Foot Locker from $24.00 to $20.00 and set a "neutral" rating for the company in a research note on Thursday, March 6th. Finally, Guggenheim reduced 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. Four investment 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's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $22.81.

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Foot Locker Stock Performance

Shares of NYSE FL traded down $0.75 during mid-day trading on Friday, hitting $14.52. The company had a trading volume of 5,098,222 shares, compared to its average volume of 3,310,170. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.67 and a quick ratio of 0.45. The firm's 50 day simple moving average is $18.15 and its two-hundred day simple moving average is $21.67. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of -3.22, a PEG ratio of 0.53 and a beta of 1.55. Foot Locker, Inc. has a 12 month low of $14.34 and a 12 month high of $33.94.

Foot Locker (NYSE:FL - Get Free Report) last announced its earnings results on Wednesday, March 5th. The athletic footwear retailer reported $0.86 earnings per share 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 firm had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the previous year, the business earned $0.38 EPS. The firm's revenue for the quarter was down 5.7% on a year-over-year basis. As a group, equities research analysts forecast that Foot Locker, Inc. will post 1.23 earnings per share for the current year.

About Foot Locker

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.