Segall Bryant & Hamill LLC Decreases Stock Holdings in Boot Barn Holdings, Inc. (NYSE:BOOT)

Segall Bryant & Hamill LLC lessened its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 28.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 81,922 shares of the company's stock after selling 32,907 shares during the period. Segall Bryant & Hamill LLC owned about 0.27% of Boot Barn worth $13,704,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BOOT. State Board of Administration of Florida Retirement System increased its holdings in Boot Barn by 5.9% during the first quarter. State Board of Administration of Florida Retirement System now owns 9,001 shares of the company's stock worth $856,000 after buying an additional 500 shares during the last quarter. Blair William & Co. IL purchased a new position in shares of Boot Barn in the first quarter worth about $216,000. UniSuper Management Pty Ltd purchased a new position in shares of Boot Barn in the first quarter worth about $695,000. CANADA LIFE ASSURANCE Co increased its stake in shares of Boot Barn by 2.5% in the first quarter. CANADA LIFE ASSURANCE Co now owns 32,001 shares of the company's stock worth $3,045,000 after purchasing an additional 788 shares in the last quarter. Finally, Capital Research Global Investors purchased a new position in shares of Boot Barn in the first quarter worth about $32,779,000.

Boot Barn Trading Up 2.7 %

Shares of BOOT traded up $3.64 during mid-day trading on Thursday, reaching $136.29. The company's stock had a trading volume of 592,807 shares, compared to its average volume of 770,568. The stock has a market cap of $4.16 billion, a PE ratio of 27.37 and a beta of 2.16. Boot Barn Holdings, Inc. has a 52 week low of $68.37 and a 52 week high of $169.83. The company's fifty day moving average price is $151.76 and its two-hundred day moving average price is $135.27.

Boot Barn (NYSE:BOOT - Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.02. The firm had revenue of $425.80 million during the quarter, compared to analyst estimates of $424.42 million. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. The business's quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.91 EPS. Research analysts anticipate that Boot Barn Holdings, Inc. will post 5.48 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on BOOT shares. Citigroup reduced their target price on shares of Boot Barn from $194.00 to $178.00 and set a "buy" rating for the company in a research note on Tuesday, October 29th. Williams Trading reiterated a "buy" rating and issued a $173.00 target price on shares of Boot Barn in a research note on Tuesday, October 29th. BTIG Research lifted their target price on shares of Boot Barn from $165.00 to $185.00 and gave the stock a "buy" rating in a research note on Tuesday, October 29th. UBS Group raised their price objective on shares of Boot Barn from $127.00 to $165.00 and gave the company a "neutral" rating in a research report on Wednesday, October 16th. Finally, Robert W. Baird upgraded shares of Boot Barn from a "neutral" rating to an "outperform" rating and set a $167.00 price objective for the company in a research report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Boot Barn currently has an average rating of "Moderate Buy" and a consensus price target of $164.55.

Boot Barn Company Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.