XTX Topco Ltd Makes New Investment in Boot Barn Holdings, Inc. (NYSE:BOOT)

XTX Topco Ltd acquired a new position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,542 shares of the company's stock, valued at approximately $1,763,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. GHP Investment Advisors Inc. acquired a new position in shares of Boot Barn during the third quarter worth $25,000. GAMMA Investing LLC increased its position in Boot Barn by 111.1% during the 2nd quarter. GAMMA Investing LLC now owns 266 shares of the company's stock valued at $34,000 after buying an additional 140 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in Boot Barn in the second quarter valued at about $64,000. 1620 Investment Advisors Inc. acquired a new stake in Boot Barn in the second quarter worth about $84,000. Finally, USA Financial Formulas acquired a new position in shares of Boot Barn during the third quarter valued at about $92,000.

Analysts Set New Price Targets

Several research firms have weighed in on BOOT. Williams Trading reissued a "buy" rating and set a $173.00 target price on shares of Boot Barn in a research report on Tuesday, October 29th. Piper Sandler reissued an "overweight" rating and set a $179.00 price objective on shares of Boot Barn in a report on Tuesday, October 29th. BTIG Research lifted their price target on Boot Barn from $165.00 to $185.00 and gave the stock a "buy" rating in a research report on Tuesday, October 29th. Baird R W raised Boot Barn from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 30th. Finally, Craig Hallum downgraded Boot Barn from a "buy" rating to a "hold" rating and lifted their target price for the stock from $154.00 to $162.00 in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $164.55.

Boot Barn Price Performance

BOOT stock traded up $6.30 during mid-day trading on Friday, reaching $154.87. 808,491 shares of the company's stock were exchanged, compared to its average volume of 719,179. Boot Barn Holdings, Inc. has a 12-month low of $68.37 and a 12-month high of $169.83. The stock's 50 day moving average is $147.46 and its 200 day moving average is $138.14. The company has a market cap of $4.73 billion, a price-to-earnings ratio of 31.10 and a beta of 2.14.

Boot Barn (NYSE:BOOT - Get Free Report) last announced its earnings results on Monday, October 28th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.02. The firm had revenue of $425.80 million for the quarter, compared to analyst estimates of $424.42 million. Boot Barn had a return on equity of 15.89% and a net margin of 8.73%. The business's revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.91 EPS. On average, research analysts forecast that Boot Barn Holdings, Inc. will post 5.48 earnings per share for the current fiscal year.

Boot Barn Company 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.