Columbia Sportswear (NASDAQ:COLM) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in Columbia Sportswear (NASDAQ:COLM - Free Report) by 12.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 96,800 shares of the textile maker's stock after acquiring an additional 10,675 shares during the quarter. Natixis Advisors LLC owned about 0.17% of Columbia Sportswear worth $8,053,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Blue Trust Inc. lifted its holdings in shares of Columbia Sportswear by 116.6% during the 2nd quarter. Blue Trust Inc. now owns 418 shares of the textile maker's stock valued at $34,000 after purchasing an additional 225 shares during the last quarter. GAMMA Investing LLC grew its position in Columbia Sportswear by 51.3% during the 3rd quarter. GAMMA Investing LLC now owns 419 shares of the textile maker's stock worth $35,000 after purchasing an additional 142 shares during the period. Northwest Investment Counselors LLC purchased a new stake in shares of Columbia Sportswear in the third quarter worth about $65,000. Dnca Finance acquired a new stake in Columbia Sportswear during the second quarter worth about $68,000. Finally, nVerses Capital LLC purchased a new position in Columbia Sportswear during the third quarter valued at approximately $75,000. 47.76% of the stock is owned by institutional investors.

Columbia Sportswear Stock Up 3.1 %

Shares of COLM stock traded up $2.49 during trading hours on Friday, hitting $83.48. 413,481 shares of the company's stock were exchanged, compared to its average volume of 463,264. The firm has a 50 day moving average of $81.42 and a two-hundred day moving average of $81.24. Columbia Sportswear has a fifty-two week low of $73.04 and a fifty-two week high of $87.23. The firm has a market cap of $4.77 billion, a P/E ratio of 22.87, a P/E/G ratio of 3.47 and a beta of 0.92.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The textile maker reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.20. Columbia Sportswear had a net margin of 6.42% and a return on equity of 12.48%. The business had revenue of $931.80 million for the quarter, compared to the consensus estimate of $937.17 million. During the same period last year, the firm posted $1.70 earnings per share. The company's revenue was down 5.5% compared to the same quarter last year. On average, equities analysts forecast that Columbia Sportswear will post 3.86 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $1.20 annualized dividend and a yield of 1.44%. Columbia Sportswear's dividend payout ratio (DPR) is currently 33.15%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Columbia Sportswear from a "hold" rating to a "buy" rating in a report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $77.00.

Columbia Sportswear Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.