Natixis Advisors LLC Has $12.07 Million Stock Holdings in Columbia Sportswear (NASDAQ:COLM)

Natixis Advisors LLC increased its holdings in Columbia Sportswear (NASDAQ:COLM - Free Report) by 48.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,831 shares of the textile maker's stock after buying an additional 47,031 shares during the quarter. Natixis Advisors LLC owned about 0.25% of Columbia Sportswear worth $12,072,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Wealthfront Advisers LLC bought a new position in Columbia Sportswear in the 4th quarter worth approximately $432,000. Amundi grew its holdings in Columbia Sportswear by 40.7% in the 4th quarter. Amundi now owns 2,746 shares of the textile maker's stock worth $227,000 after buying an additional 794 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Columbia Sportswear in the fourth quarter worth approximately $1,904,000. Proficio Capital Partners LLC acquired a new stake in Columbia Sportswear in the fourth quarter worth approximately $1,472,000. Finally, Victory Capital Management Inc. lifted its position in Columbia Sportswear by 2.4% in the fourth quarter. Victory Capital Management Inc. now owns 15,318 shares of the textile maker's stock worth $1,286,000 after purchasing an additional 365 shares during the period. 47.76% of the stock is owned by institutional investors.

Columbia Sportswear Price Performance

Shares of NASDAQ:COLM traded up $0.21 on Friday, reaching $76.57. 2,337,785 shares of the company traded hands, compared to its average volume of 507,725. Columbia Sportswear has a fifty-two week low of $73.04 and a fifty-two week high of $92.88. The company's 50 day moving average is $84.39 and its 200-day moving average is $83.75. The stock has a market capitalization of $4.24 billion, a PE ratio of 19.79, a P/E/G ratio of 2.54 and a beta of 0.90.

Remove Ads

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The textile maker reported $1.80 EPS for the quarter, missing analysts' consensus estimates of $1.86 by ($0.06). Columbia Sportswear had a net margin of 6.63% and a return on equity of 12.23%. As a group, analysts expect that Columbia Sportswear will post 4.1 EPS for the current year.

Columbia Sportswear Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were given a dividend of $0.30 per share. The ex-dividend date was Monday, March 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.57%. Columbia Sportswear's dividend payout ratio (DPR) is presently 31.01%.

Insider Activity

In other Columbia Sportswear news, Director Ronald E. Nelson sold 6,395 shares of the business's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $81.74, for a total transaction of $522,727.30. Following the sale, the director now directly owns 17,048 shares of the company's stock, valued at $1,393,503.52. The trade was a 27.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Richelle T. Luther sold 4,000 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $92.36, for a total transaction of $369,440.00. Following the sale, the executive vice president now directly owns 14,283 shares in the company, valued at approximately $1,319,177.88. This trade represents a 21.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 44.70% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Stifel Nicolaus upped their target price on Columbia Sportswear from $92.00 to $100.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. StockNews.com downgraded Columbia Sportswear from a "buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Finally, TD Cowen upped their target price on Columbia Sportswear from $70.00 to $84.00 and gave the stock a "hold" rating in a research report on Tuesday, November 26th.

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.