Investors sold shares of Dick’s Sporting Goods Inc. (NYSE:DKS) on strength during trading hours on Tuesday. $154.54 million flowed into the stock on the tick-up and $170.23 million flowed out of the stock on the tick-down, for a money net flow of $15.69 million out of the stock. Of all companies tracked, Dick’s Sporting Goods had the 0th highest net out-flow for the day. Dick’s Sporting Goods traded up $3.87 for the day and closed at $58.76

DKS has been the topic of a number of recent research reports. Goldman Sachs Group Inc. restated a “buy” rating and set a $53.00 price target on shares of Dick’s Sporting Goods in a research report on Monday, July 18th. Cleveland Research upgraded shares of Dick’s Sporting Goods from a “neutral” rating to a “buy” rating and set a $59.00 price target on the stock in a research report on Friday, August 5th. Royal Bank Of Canada upgraded shares of Dick’s Sporting Goods from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $41.00 to $56.00 in a research report on Thursday, July 14th. Vetr lowered shares of Dick’s Sporting Goods from a “buy” rating to a “hold” rating and set a $50.00 price target on the stock. in a research report on Monday, July 11th. Finally, Telsey Advisory Group upgraded shares of Dick’s Sporting Goods from a “market perform” rating to an “outperform” rating in a research report on Monday, May 9th. One analyst has rated the stock with a sell rating, eight have given a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $52.92.

The company has a market capitalization of $6.70 billion and a price-to-earnings ratio of 20.92. The stock’s 50-day moving average is $50.17 and its 200 day moving average is $45.01.

Dick’s Sporting Goods (NYSE:DKS) last released its earnings results on Tuesday, August 16th. The sporting goods retailer reported $0.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.13. The company earned $2 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the business posted $0.77 earnings per share. Dick’s Sporting Goods’s revenue was up 8.0% on a year-over-year basis. On average, equities analysts expect that Dick’s Sporting Goods Inc. will post $2.84 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 9th will be given a $0.1513 dividend. The ex-dividend date of this dividend is Wednesday, September 7th. This represents a $0.61 annualized dividend and a dividend yield of 1.03%.

Several large investors recently added to or reduced their stakes in the company. KBC Group NV boosted its stake in Dick’s Sporting Goods by 5,046.1% in the fourth quarter. KBC Group NV now owns 305,832 shares of the sporting goods retailer’s stock valued at $10,811,000 after buying an additional 299,889 shares in the last quarter. State of Tennessee Treasury Department boosted its position in shares of Dick’s Sporting Goods by 34.5% in the fourth quarter. State of Tennessee Treasury Department now owns 194,800 shares of the sporting goods retailer’s stock worth $6,886,000 after buying an additional 50,000 shares during the period. I.G. Investment Management LTD. boosted its position in shares of Dick’s Sporting Goods by 0.3% in the fourth quarter. I.G. Investment Management LTD. now owns 336,755 shares of the sporting goods retailer’s stock worth $11,904,000 after buying an additional 1,021 shares during the period. Trexquant Investment LP boosted its position in shares of Dick’s Sporting Goods by 392.4% in the fourth quarter. Trexquant Investment LP now owns 83,215 shares of the sporting goods retailer’s stock worth $2,942,000 after buying an additional 66,315 shares during the period. Finally, Royce & Associates LLC boosted its position in shares of Dick’s Sporting Goods by 64.7% in the fourth quarter. Royce & Associates LLC now owns 109,500 shares of the sporting goods retailer’s stock worth $3,871,000 after buying an additional 43,000 shares during the period.

DICK’S Sporting Goods, Inc is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories. The Company offers hardlines, such as sporting goods equipment, fitness equipment, golf equipment and hunting and fishing gear. The Company also owns and operates Golf Galaxy, Field & Stream and True Runner specialty stores.

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