Marshall Wace LLP Acquires 945,438 Shares of Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH)

Marshall Wace LLP lifted its holdings in shares of Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) by 365.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,203,805 shares of the company's stock after purchasing an additional 945,438 shares during the quarter. Marshall Wace LLP owned 3.17% of Sportsman's Warehouse worth $3,214,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPWH. Jane Street Group LLC raised its position in Sportsman's Warehouse by 16.6% in the 3rd quarter. Jane Street Group LLC now owns 225,473 shares of the company's stock valued at $611,000 after buying an additional 32,073 shares during the last quarter. Barclays PLC raised its position in Sportsman's Warehouse by 25,025.0% in the 3rd quarter. Barclays PLC now owns 38,190 shares of the company's stock valued at $103,000 after buying an additional 38,038 shares during the last quarter. Geode Capital Management LLC grew its stake in Sportsman's Warehouse by 2.4% in the third quarter. Geode Capital Management LLC now owns 434,022 shares of the company's stock valued at $1,176,000 after purchasing an additional 10,058 shares in the last quarter. SkyView Investment Advisors LLC increased its position in shares of Sportsman's Warehouse by 5.3% during the 3rd quarter. SkyView Investment Advisors LLC now owns 184,563 shares of the company's stock worth $500,000 after purchasing an additional 9,332 shares during the last quarter. Finally, R Squared Ltd bought a new stake in shares of Sportsman's Warehouse during the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 83.04% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SPWH shares. Roth Mkm lowered their target price on shares of Sportsman's Warehouse from $3.50 to $2.50 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Craig Hallum raised shares of Sportsman's Warehouse from a "hold" rating to a "buy" rating and set a $3.00 price target on the stock in a research report on Wednesday, April 2nd. Finally, B. Riley reaffirmed a "buy" rating and set a $3.00 price target (down from $4.00) on shares of Sportsman's Warehouse in a research report on Wednesday, April 2nd. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Sportsman's Warehouse presently has an average rating of "Moderate Buy" and a consensus target price of $2.80.

Sportsman's Warehouse Stock Performance

Shares of SPWH traded down $0.03 during trading hours on Monday, hitting $1.63. The company had a trading volume of 232,793 shares, compared to its average volume of 994,126. The firm has a market cap of $62.41 million, a price-to-earnings ratio of -1.85 and a beta of 0.75. The business has a fifty day moving average of $1.36 and a 200-day moving average of $1.99. Sportsman's Warehouse Holdings, Inc. has a 12 month low of $0.92 and a 12 month high of $4.44. The company has a quick ratio of 0.06, a current ratio of 1.20 and a debt-to-equity ratio of 0.10.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last issued its quarterly earnings data on Tuesday, April 1st. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.12. The company had revenue of $340.40 million for the quarter, compared to analyst estimates of $328.67 million. Sportsman's Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%. Equities analysts anticipate that Sportsman's Warehouse Holdings, Inc. will post -0.65 EPS for the current fiscal year.

About Sportsman's Warehouse

Sportsman's Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.