Harbor Capital Advisors Inc. Boosts Holdings in Franklin Covey Co. (NYSE:FC)

Harbor Capital Advisors Inc. increased its position in Franklin Covey Co. (NYSE:FC - Free Report) by 137.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 242,953 shares of the business services provider's stock after buying an additional 140,537 shares during the quarter. Harbor Capital Advisors Inc. owned 1.86% of Franklin Covey worth $9,993,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of FC. Allspring Global Investments Holdings LLC purchased a new stake in Franklin Covey during the 1st quarter valued at about $59,000. O Keefe Stevens Advisory Inc. purchased a new stake in shares of Franklin Covey during the second quarter worth about $202,000. Lazard Asset Management LLC grew its stake in shares of Franklin Covey by 92.7% in the first quarter. Lazard Asset Management LLC now owns 5,612 shares of the business services provider's stock worth $220,000 after purchasing an additional 2,699 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in Franklin Covey during the 2nd quarter valued at about $226,000. Finally, State Board of Administration of Florida Retirement System bought a new position in Franklin Covey during the 1st quarter valued at approximately $241,000. Hedge funds and other institutional investors own 69.88% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on FC shares. StockNews.com raised Franklin Covey from a "buy" rating to a "strong-buy" rating in a research note on Saturday, October 26th. Barrington Research reissued an "outperform" rating and set a $45.00 price objective on shares of Franklin Covey in a research report on Monday, October 28th.

Franklin Covey Stock Down 0.3 %

Shares of NYSE FC traded down $0.12 during trading on Friday, reaching $39.69. The company had a trading volume of 32,016 shares, compared to its average volume of 26,213. Franklin Covey Co. has a 12-month low of $32.19 and a 12-month high of $44.96. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. The business's 50-day moving average is $40.23 and its 200 day moving average is $39.09. The stock has a market cap of $519.54 million, a PE ratio of 29.62, a P/E/G ratio of 0.94 and a beta of 1.24.

Franklin Covey Company Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.