Hibbett Sports Inc. (NASDAQ:HIBB) shares shot up 2.3% on Monday . The stock traded as high as $36.43 and last traded at $36.20, with a volume of 102,160 shares traded. The stock had previously closed at $35.40.

Several brokerages recently weighed in on HIBB. B. Riley reiterated a “neutral” rating and issued a $38.00 price objective on shares of Hibbett Sports in a research report on Sunday, May 22nd. Susquehanna lowered their price objective on Hibbett Sports from $39.00 to $37.00 and set a “neutral” rating for the company in a research report on Monday, May 16th. Zacks Investment Research lowered Hibbett Sports from a “hold” rating to a “sell” rating in a research report on Tuesday, April 19th. Forward View reiterated a “hold” rating on shares of Hibbett Sports in a research report on Thursday, May 26th. Finally, Robert W. Baird reiterated a “hold” rating on shares of Hibbett Sports in a research report on Monday, May 16th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the stock. Hibbett Sports presently has an average rating of “Hold” and a consensus price target of $35.94.

The stock’s 50-day moving average price is $34.87 and its 200-day moving average price is $34.16. The company has a market capitalization of $803.15 million and a PE ratio of 11.91.

Hibbett Sports (NASDAQ:HIBB) last posted its earnings results on Friday, May 20th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.02. During the same quarter in the prior year, the firm posted $1.09 earnings per share. The company earned $282.10 million during the quarter. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Equities research analysts anticipate that Hibbett Sports Inc. will post $2.98 EPS for the current year.

In related news, Director Alton E. Yother sold 1,331 shares of the company’s stock in a transaction that occurred on Monday, July 11th. The stock was sold at an average price of $35.62, for a total value of $47,410.22. Following the sale, the director now owns 1,331 shares of the company’s stock, valued at approximately $47,410.22. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Cathy E. Pryor sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, June 20th. The shares were sold at an average price of $35.18, for a total value of $175,900.00. Following the completion of the sale, the vice president now directly owns 19,608 shares in the company, valued at approximately $689,809.44. The disclosure for this sale can be found here.

A number of large investors recently bought and sold shares of the stock. Boston Partners bought a new stake in Hibbett Sports during the fourth quarter worth about $41,565,000. Schroder Investment Management Group increased its position in shares of Hibbett Sports by 218.1% in the fourth quarter. Schroder Investment Management Group now owns 575,841 shares of the company’s stock valued at $17,413,000 after buying an additional 394,800 shares during the period. Morgan Stanley increased its position in shares of Hibbett Sports by 156.9% in the fourth quarter. Morgan Stanley now owns 320,843 shares of the company’s stock valued at $9,702,000 after buying an additional 195,960 shares during the period. New York State Common Retirement Fund increased its position in shares of Hibbett Sports by 645.9% in the fourth quarter. New York State Common Retirement Fund now owns 176,043 shares of the company’s stock valued at $5,324,000 after buying an additional 152,443 shares during the period. Finally, Whitebox Advisors LLC acquired a new position in shares of Hibbett Sports during the fourth quarter valued at $1,920,000.

Hibbett Sports, Inc operates sporting goods stores in small to mid-sized markets, predominantly in the South, Southwest, Mid-Atlantic and Midwest regions of the United States. The Company operates around 988 retail stores in 31 states consisting of approximately 969 Hibbett Sports stores and around 19 Sports Additions athletic shoe stores.

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