Whittier Trust Co. Grows Stock Holdings in Boot Barn Holdings, Inc. (NYSE:BOOT)

Whittier Trust Co. lifted its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,016 shares of the company's stock after acquiring an additional 3,758 shares during the quarter. Whittier Trust Co. owned 0.32% of Boot Barn worth $14,881,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Victory Capital Management Inc. increased its position in shares of Boot Barn by 51.1% during the 3rd quarter. Victory Capital Management Inc. now owns 14,362 shares of the company's stock valued at $2,402,000 after purchasing an additional 4,856 shares during the last quarter. KBC Group NV increased its holdings in Boot Barn by 23.3% during the third quarter. KBC Group NV now owns 951 shares of the company's stock worth $159,000 after buying an additional 180 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Boot Barn in the third quarter worth about $5,931,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Boot Barn by 5.3% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 90,792 shares of the company's stock valued at $15,188,000 after acquiring an additional 4,585 shares during the last quarter. Finally, Intech Investment Management LLC grew its position in shares of Boot Barn by 128.8% during the 3rd quarter. Intech Investment Management LLC now owns 9,147 shares of the company's stock valued at $1,530,000 after acquiring an additional 5,149 shares during the period.

Boot Barn Stock Performance

NYSE BOOT traded up $8.02 on Monday, hitting $112.75. The stock had a trading volume of 709,373 shares, compared to its average volume of 762,097. The firm has a 50-day moving average of $133.66 and a 200-day moving average of $144.49. Boot Barn Holdings, Inc. has a 52-week low of $84.83 and a 52-week high of $176.64. The company has a market capitalization of $3.45 billion, a price-to-earnings ratio of 20.13, a price-to-earnings-growth ratio of 1.17 and a beta of 2.07.

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

Analyst Ratings Changes

BOOT has been the topic of a number of research reports. Robert W. Baird lowered their price target on shares of Boot Barn from $190.00 to $155.00 and set an "outperform" rating on the stock in a report on Wednesday, March 5th. Bank of America upped their price target on Boot Barn from $187.00 to $192.00 and gave the company a "buy" rating in a research report on Wednesday, January 15th. UBS Group decreased their price objective on Boot Barn from $210.00 to $200.00 and set a "buy" rating for the company in a report on Monday, February 3rd. StockNews.com downgraded shares of Boot Barn from a "hold" rating to a "sell" rating in a report on Monday, February 17th. Finally, BTIG Research lifted their target price on shares of Boot Barn from $185.00 to $190.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. One analyst has rated the stock with a sell rating, one has given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $181.92.

Insider Activity

In related news, CEO John Hazen sold 6,311 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total value of $965,456.78. Following the sale, the chief executive officer now directly owns 3,937 shares of the company's stock, valued at $602,282.26. This trade represents a 61.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.00% of the company's stock.

About Boot Barn

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.