Foot Locker, Inc. (NYSE:FL) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio decreased its holdings in Foot Locker, Inc. (NYSE:FL - Free Report) by 43.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,945 shares of the athletic footwear retailer's stock after selling 31,631 shares during the period. Public Employees Retirement System of Ohio's holdings in Foot Locker were worth $1,058,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Quarry LP purchased a new stake in shares of Foot Locker in the second quarter worth about $31,000. Fifth Third Bancorp raised its holdings in shares of Foot Locker by 116.0% during the 2nd quarter. Fifth Third Bancorp now owns 1,365 shares of the athletic footwear retailer's stock worth $34,000 after acquiring an additional 733 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Foot Locker by 156.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,616 shares of the athletic footwear retailer's stock valued at $40,000 after acquiring an additional 985 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Foot Locker in the second quarter valued at $43,000. Finally, nVerses Capital LLC purchased a new stake in Foot Locker during the third quarter valued at $47,000.

Analysts Set New Price Targets

A number of analysts have recently weighed in on FL shares. Needham & Company LLC restated a "buy" rating and issued a $25.00 target price on shares of Foot Locker in a report on Wednesday. Guggenheim decreased their price objective on Foot Locker from $34.00 to $28.00 and set a "buy" rating on the stock in a research report on Thursday, December 5th. Gordon Haskett started coverage on Foot Locker in a report on Monday, October 7th. They issued an "accumulate" rating and a $27.00 target price for the company. Piper Sandler decreased their price target on Foot Locker from $30.00 to $28.00 and set a "neutral" rating on the stock in a report on Monday, December 2nd. Finally, UBS Group lowered their price target on Foot Locker from $26.00 to $22.00 and set a "neutral" rating for the company in a research report on Thursday, December 5th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Foot Locker has a consensus rating of "Hold" and a consensus price target of $25.18.

Foot Locker Stock Up 0.6 %

Shares of Foot Locker stock traded up $0.13 during trading on Friday, hitting $22.41. 4,505,210 shares of the stock traded hands, compared to its average volume of 3,374,592. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15. The stock's fifty day simple moving average is $23.52 and its 200 day simple moving average is $25.71. The firm has a market cap of $2.13 billion, a P/E ratio of -4.97, a price-to-earnings-growth ratio of 0.86 and a beta of 1.46. Foot Locker, Inc. has a 52-week low of $19.33 and a 52-week high of $35.60.

Foot Locker (NYSE:FL - Get Free Report) last posted its earnings results on Wednesday, December 4th. The athletic footwear retailer reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.40 by ($0.07). Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The business had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $2.01 billion. During the same period last year, the business posted $0.30 EPS. The company's revenue for the quarter was down 1.4% on a year-over-year basis. On average, equities analysts predict that Foot Locker, Inc. will post 1.23 earnings per share for the current fiscal year.

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.