Big Lots Inc. (NYSE:BIG)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $54.15 and last traded at $54.09, with a volume of 944,527 shares traded. The stock had previously closed at $53.18.

A number of equities analysts have issued reports on the company. Citigroup Inc. upped their target price on Big Lots from $53.00 to $62.00 and gave the stock a “buy” rating in a report on Monday, June 6th. Zacks Investment Research cut Big Lots from a “buy” rating to a “hold” rating in a report on Monday. Oppenheimer Holdings Inc. assumed coverage on Big Lots in a report on Friday, June 3rd. They issued an “outperform” rating and a $52.35 target price for the company. MKM Partners upped their target price on Big Lots from $58.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, May 31st. Finally, Deutsche Bank AG cut Big Lots from a “buy” rating to a “hold” rating and lowered their target price for the stock from $49.00 to $47.00 in a report on Monday, May 23rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. Big Lots currently has an average rating of “Hold” and a consensus price target of $49.28.

The stock has a 50-day moving average of $51.34 and a 200 day moving average of $45.53. The stock has a market cap of $2.40 billion and a price-to-earnings ratio of 17.99.

Big Lots (NYSE:BIG) last posted its quarterly earnings results on Friday, May 27th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.12. The firm earned $1.31 billion during the quarter. During the same period last year, the business posted $0.60 earnings per share. Big Lots’s revenue for the quarter was up 2.5% on a year-over-year basis. Equities research analysts expect that Big Lots Inc. will post $3.47 EPS for the current year.

In other news, Director Russell Solt sold 3,000 shares of the stock in a transaction that occurred on Monday, July 11th. The shares were sold at an average price of $52.10, for a total value of $156,300.00. Following the completion of the sale, the director now owns 12,377 shares of the company’s stock, valued at approximately $644,841.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jeffrey Paul Berger sold 7,500 shares of the stock in a transaction that occurred on Thursday, July 7th. The shares were sold at an average price of $50.07, for a total transaction of $375,525.00. Following the completion of the sale, the director now directly owns 18,302 shares of the company’s stock, valued at approximately $916,381.14. The disclosure for this sale can be found here.

Other hedge funds have recently bought and sold shares of the company. Liberty Mutual Group Asset Management Inc. boosted its stake in Big Lots by 51.3% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 33,440 shares of the company’s stock valued at $1,289,000 after buying an additional 11,345 shares during the period. Trexquant Investment LP bought a new position in shares of Big Lots during the fourth quarter valued at approximately $1,646,000. BNP Paribas Arbitrage SA raised its position in shares of Big Lots by 70.6% in the fourth quarter. BNP Paribas Arbitrage SA now owns 60,527 shares of the company’s stock valued at $2,333,000 after buying an additional 25,047 shares in the last quarter. Bank of Montreal Can raised its position in shares of Big Lots by 1.0% in the fourth quarter. Bank of Montreal Can now owns 186,103 shares of the company’s stock valued at $7,171,000 after buying an additional 1,833 shares in the last quarter. Finally, California Public Employees Retirement System raised its position in shares of Big Lots by 5.9% in the fourth quarter. California Public Employees Retirement System now owns 236,926 shares of the company’s stock valued at $9,131,000 after buying an additional 13,100 shares in the last quarter.

Big Lots, Inc is a United States-based discount retailer. As of December 31, 2014, the Company, through its wholly owned subsidiaries, operated 1,460 stores in 48 states. The Company’s Food category includes beverage and grocery, candy and snacks, and specialty foods. Its Consumables category includes health and beauty, plastics, paper, chemical and pet departments.

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