77,088 Shares in Columbia Sportswear (NASDAQ:COLM) Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd bought a new stake in Columbia Sportswear (NASDAQ:COLM - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 77,088 shares of the textile maker's stock, valued at approximately $6,470,000. WINTON GROUP Ltd owned approximately 0.13% of Columbia Sportswear as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Smartleaf Asset Management LLC boosted its stake in Columbia Sportswear by 184.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 299 shares of the textile maker's stock valued at $25,000 after acquiring an additional 194 shares during the last quarter. GAMMA Investing LLC lifted its stake in Columbia Sportswear by 43.2% in the fourth quarter. GAMMA Investing LLC now owns 600 shares of the textile maker's stock valued at $50,000 after purchasing an additional 181 shares during the last quarter. Signaturefd LLC grew its holdings in Columbia Sportswear by 18.4% during the fourth quarter. Signaturefd LLC now owns 915 shares of the textile maker's stock valued at $77,000 after purchasing an additional 142 shares during the period. Blue Trust Inc. increased its position in Columbia Sportswear by 33.6% in the fourth quarter. Blue Trust Inc. now owns 942 shares of the textile maker's stock worth $78,000 after buying an additional 237 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of Columbia Sportswear by 26.8% in the fourth quarter. KBC Group NV now owns 1,975 shares of the textile maker's stock valued at $166,000 after buying an additional 418 shares during the period. 47.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on COLM shares. Stifel Nicolaus lifted their price objective on Columbia Sportswear from $92.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. StockNews.com cut shares of Columbia Sportswear from a "buy" rating to a "hold" rating in a research note on Wednesday, February 5th.

Insiders Place Their Bets

In other Columbia Sportswear news, Director Ronald E. Nelson sold 6,395 shares of the business's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $81.74, for a total value of $522,727.30. Following the transaction, the director now owns 17,048 shares in the company, valued at approximately $1,393,503.52. The trade was a 27.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Richelle T. Luther sold 4,000 shares of Columbia Sportswear stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $92.36, for a total value of $369,440.00. Following the completion of the sale, the executive vice president now owns 14,283 shares in the company, valued at approximately $1,319,177.88. This represents a 21.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 44.70% of the stock is currently owned by insiders.

Columbia Sportswear Trading Up 0.3 %

Shares of Columbia Sportswear stock traded up $0.22 on Monday, reaching $75.52. The stock had a trading volume of 97,252 shares, compared to its average volume of 722,164. The business's 50 day moving average is $83.72 and its two-hundred day moving average is $83.58. Columbia Sportswear has a 1 year low of $73.04 and a 1 year high of $92.88. The company has a market cap of $4.18 billion, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 2.54 and a beta of 0.90.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The textile maker reported $1.80 EPS for the quarter, missing the consensus estimate of $1.86 by ($0.06). Columbia Sportswear had a return on equity of 12.23% and a net margin of 6.63%. On average, equities analysts anticipate that Columbia Sportswear will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were issued a $0.30 dividend. The ex-dividend date was Monday, March 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.59%. Columbia Sportswear's payout ratio is 31.01%.

Columbia Sportswear Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.