Franklin Covey Co. (NYSE:FC) Position Lifted by Royce & Associates LP

Royce & Associates LP increased its position in Franklin Covey Co. (NYSE:FC - Free Report) by 885.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,793 shares of the business services provider's stock after buying an additional 126,506 shares during the period. Royce & Associates LP owned about 1.07% of Franklin Covey worth $5,291,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FC. Allspring Global Investments Holdings LLC acquired a new position in shares of Franklin Covey in the fourth quarter valued at approximately $2,186,000. Dean Investment Associates LLC acquired a new position in Franklin Covey during the third quarter worth approximately $2,259,000. Barclays PLC increased its position in Franklin Covey by 178.9% during the third quarter. Barclays PLC now owns 33,499 shares of the business services provider's stock worth $1,379,000 after purchasing an additional 21,489 shares during the last quarter. GSA Capital Partners LLP acquired a new position in Franklin Covey during the third quarter worth approximately $515,000. Finally, Illumine Investment Management LLC acquired a new position in Franklin Covey during the fourth quarter worth approximately $382,000. Institutional investors and hedge funds own 69.88% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on FC shares. Barrington Research reaffirmed an "outperform" rating and set a $45.00 price target on shares of Franklin Covey in a research report on Friday. StockNews.com lowered shares of Franklin Covey from a "strong-buy" rating to a "buy" rating in a research report on Monday, January 13th.

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Franklin Covey Trading Down 0.4 %

Shares of Franklin Covey stock traded down $0.11 during trading hours on Friday, hitting $28.41. The company's stock had a trading volume of 423,906 shares, compared to its average volume of 80,067. Franklin Covey Co. has a 1-year low of $27.97 and a 1-year high of $44.46. The business has a fifty day moving average of $33.48 and a 200 day moving average of $36.74. The company has a market capitalization of $374.90 million, a PE ratio of 19.33, a P/E/G ratio of 1.74 and a beta of 1.29. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.03.

Franklin Covey (NYSE:FC - Get Free Report) last released its quarterly earnings data on Wednesday, January 8th. The business services provider reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.13). Franklin Covey had a return on equity of 25.23% and a net margin of 6.85%. As a group, equities analysts forecast that Franklin Covey Co. will post 0.97 EPS for the current year.

About Franklin Covey

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.