Sei Investments Co. Has $7.22 Million Stock Position in Boot Barn Holdings, Inc. (NYSE:BOOT)

Sei Investments Co. reduced its position in Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 35.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 47,561 shares of the company's stock after selling 25,591 shares during the quarter. Sei Investments Co. owned about 0.16% of Boot Barn worth $7,221,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cerity Partners LLC raised its position in Boot Barn by 85.0% in the third quarter. Cerity Partners LLC now owns 2,949 shares of the company's stock valued at $493,000 after purchasing an additional 1,355 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Boot Barn by 20.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,758 shares of the company's stock worth $963,000 after buying an additional 984 shares in the last quarter. Hilltop Holdings Inc. acquired a new stake in shares of Boot Barn during the third quarter valued at about $224,000. Readystate Asset Management LP purchased a new position in Boot Barn in the third quarter valued at about $3,898,000. Finally, Stifel Financial Corp grew its stake in Boot Barn by 5.9% during the 3rd quarter. Stifel Financial Corp now owns 20,592 shares of the company's stock valued at $3,445,000 after purchasing an additional 1,141 shares in the last quarter.

Boot Barn Stock Up 0.1 %

NYSE BOOT traded up $0.07 during midday trading on Friday, hitting $97.83. The company had a trading volume of 2,364,930 shares, compared to its average volume of 788,736. Boot Barn Holdings, Inc. has a fifty-two week low of $89.84 and a fifty-two week high of $176.64. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 17.47, a P/E/G ratio of 1.17 and a beta of 1.75. The firm has a fifty day simple moving average of $124.04 and a two-hundred day simple moving average of $141.83.

Remove Ads

Boot Barn (NYSE:BOOT - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $2.43 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.38. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. As a group, equities analysts predict that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on BOOT shares. KeyCorp raised shares of Boot Barn from a "sector weight" rating to an "overweight" rating and set a $190.00 price target for the company in a research report on Thursday, January 23rd. Robert W. Baird lowered their target price on shares of Boot Barn from $190.00 to $155.00 and set an "outperform" rating on the stock in a research note on Wednesday, March 5th. BTIG Research increased their target price on shares of Boot Barn from $185.00 to $190.00 and gave the company a "buy" rating in a research note on Monday, January 13th. JPMorgan Chase & Co. upped their price target on shares of Boot Barn from $200.00 to $209.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Finally, StockNews.com cut shares of Boot Barn from a "hold" rating to a "sell" rating in a report on Monday, February 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $181.92.

Boot Barn 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.