16,897 Shares in Foot Locker, Inc. (NYSE:FL) Bought by EntryPoint Capital LLC

EntryPoint Capital LLC purchased a new position in Foot Locker, Inc. (NYSE:FL - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 16,897 shares of the athletic footwear retailer's stock, valued at approximately $368,000.

A number of other institutional investors also recently made changes to their positions in FL. Harbour Investments Inc. grew its holdings in Foot Locker by 81.6% during the fourth quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer's stock worth $31,000 after acquiring an additional 648 shares during the period. R Squared Ltd bought a new position in shares of Foot Locker during the 4th quarter valued at about $50,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Foot Locker in the 3rd quarter worth approximately $58,000. Smartleaf Asset Management LLC raised its holdings in shares of Foot Locker by 198.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,876 shares of the athletic footwear retailer's stock worth $63,000 after purchasing an additional 1,911 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. lifted its stake in Foot Locker by 32.5% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,267 shares of the athletic footwear retailer's stock valued at $84,000 after purchasing an additional 801 shares during the last quarter.

Foot Locker Stock Down 2.9 %

Shares of NYSE FL traded down $0.43 during mid-day trading on Monday, reaching $14.12. The company had a trading volume of 3,811,787 shares, compared to its average volume of 3,312,177. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.45 and a current ratio of 1.67. Foot Locker, Inc. has a twelve month low of $13.90 and a twelve month high of $33.94. The stock's 50 day moving average is $18.03 and its 200-day moving average is $21.57. The stock has a market capitalization of $1.34 billion, a PE ratio of -3.13, a price-to-earnings-growth ratio of 0.53 and a beta of 1.55.

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Foot Locker (NYSE:FL - Get Free Report) last issued its earnings results on Wednesday, March 5th. The athletic footwear retailer reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.13. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.32 billion. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The business's revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.38 EPS. As a group, equities analysts anticipate that Foot Locker, Inc. will post 1.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on FL shares. Morgan Stanley dropped their price target on Foot Locker from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Friday, December 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $24.00 target price on shares of Foot Locker in a research report on Wednesday, March 5th. Jefferies Financial Group reduced their target price on Foot Locker from $22.00 to $19.00 and set a "hold" rating for the company in a report on Wednesday, March 5th. JPMorgan Chase & Co. dropped their price target on Foot Locker from $23.00 to $20.00 and set an "underweight" rating on the stock in a research note on Friday, January 24th. Finally, UBS Group reduced 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 note on Thursday, March 6th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $22.81.

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.