Loomis Sayles & Co. L P Sells 152,028 Shares of Boot Barn Holdings, Inc. (NYSE:BOOT)

Loomis Sayles & Co. L P decreased its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 32.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 314,197 shares of the company's stock after selling 152,028 shares during the period. Loomis Sayles & Co. L P owned 1.03% of Boot Barn worth $47,701,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. raised its position in shares of Boot Barn by 1,430.0% in the 4th quarter. Blue Trust Inc. now owns 153 shares of the company's stock valued at $26,000 after purchasing an additional 143 shares in the last quarter. Signaturefd LLC grew its position in shares of Boot Barn by 201.8% during the fourth quarter. Signaturefd LLC now owns 166 shares of the company's stock worth $25,000 after acquiring an additional 111 shares during the last quarter. Assetmark Inc. increased its stake in shares of Boot Barn by 45.2% in the fourth quarter. Assetmark Inc. now owns 363 shares of the company's stock valued at $55,000 after purchasing an additional 113 shares during the period. R Squared Ltd bought a new stake in Boot Barn during the 4th quarter valued at $102,000. Finally, Smartleaf Asset Management LLC grew its position in Boot Barn by 212.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 749 shares of the company's stock valued at $115,000 after buying an additional 509 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. StockNews.com cut shares of Boot Barn from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Craig Hallum set a $178.00 price objective on Boot Barn in a research report on Friday, January 31st. BTIG Research boosted their price objective on shares of Boot Barn from $185.00 to $190.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. JPMorgan Chase & Co. lifted their price target on Boot Barn from $200.00 to $209.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Finally, Robert W. Baird cut their price objective on shares of Boot Barn from $190.00 to $155.00 and set an "outperform" rating for the company in a research report on Wednesday, March 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Boot Barn presently has a consensus rating of "Moderate Buy" and an average target price of $181.92.

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Insider Activity at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the sale, the chief executive officer now owns 3,937 shares of the company's stock, valued at $602,282.26. This represents a 61.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Boot Barn Price Performance

NYSE BOOT traded up $1.82 on Tuesday, hitting $109.25. 122,226 shares of the stock were exchanged, compared to its average volume of 775,805. Boot Barn Holdings, Inc. has a 52 week low of $95.28 and a 52 week high of $176.64. The company has a market capitalization of $3.34 billion, a PE ratio of 19.39, a P/E/G ratio of 1.17 and a beta of 2.07. The business's fifty day moving average is $128.85 and its 200 day moving average is $143.14.

Boot Barn (NYSE:BOOT - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported $2.43 EPS for the quarter, beating the consensus estimate of $2.05 by $0.38. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. Analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.