Stifel Financial Corp Has $23.20 Million Holdings in Foot Locker, Inc. (NYSE:FL)

Stifel Financial Corp increased its position in shares of Foot Locker, Inc. (NYSE:FL - Free Report) by 43.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 897,904 shares of the athletic footwear retailer's stock after buying an additional 271,297 shares during the period. Stifel Financial Corp owned 0.95% of Foot Locker worth $23,202,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Quarry LP acquired a new position in Foot Locker during the second quarter worth $31,000. Fifth Third Bancorp increased its holdings in Foot Locker by 116.0% during the second quarter. Fifth Third Bancorp now owns 1,365 shares of the athletic footwear retailer's stock worth $34,000 after buying an additional 733 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Foot Locker by 156.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,616 shares of the athletic footwear retailer's stock valued at $40,000 after purchasing an additional 985 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of Foot Locker in the second quarter valued at $43,000. Finally, nVerses Capital LLC acquired a new position in shares of Foot Locker in the third quarter valued at $47,000.

Foot Locker Price Performance

FL traded down $0.19 on Monday, hitting $21.81. 5,024,154 shares of the stock were exchanged, compared to its average volume of 3,380,886. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15. Foot Locker, Inc. has a 12 month low of $19.33 and a 12 month high of $35.60. The business has a 50-day moving average of $23.87 and a two-hundred day moving average of $25.85.

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). The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $2.01 billion. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The firm's revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company posted $0.30 EPS. As a group, research analysts anticipate that Foot Locker, Inc. will post 1.23 EPS for the current year.

Wall Street Analyst Weigh In

FL has been the topic of several research reports. StockNews.com downgraded shares of Foot Locker from a "hold" rating to a "sell" rating in a report on Friday, September 20th. Gordon Haskett initiated coverage on shares of Foot Locker in a report on Monday, October 7th. They issued an "accumulate" rating and a $27.00 price objective on the stock. Evercore ISI decreased their price objective on shares of Foot Locker from $38.00 to $32.00 and set an "outperform" rating on the stock in a report on Tuesday, November 26th. Jefferies Financial Group decreased their price objective on shares of Foot Locker from $27.00 to $22.00 and set a "hold" rating on the stock in a report on Wednesday, December 4th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Foot Locker from $27.00 to $23.00 and set an "underweight" rating on the stock in a report on Wednesday, December 4th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $25.29.

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.