Big Lots Inc. (NYSE:BIG) shares traded down 3.9% during trading on Thursday . The stock traded as low as $53.02 and last traded at $53.16, with a volume of 1,435,313 shares traded. The stock had previously closed at $55.32.

Several research analysts have commented on the stock. Zacks Investment Research cut shares of Big Lots from a “hold” rating to a “sell” rating in a report on Monday, May 9th. Oppenheimer Holdings Inc. assumed coverage on shares of 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 reiterated a “buy” rating and issued a $60.00 target price on shares of Big Lots in a report on Thursday. Deutsche Bank AG cut shares of Big Lots from a “buy” rating to a “hold” rating and decreased their target price for the stock from $49.00 to $47.00 in a report on Monday, May 23rd. Finally, Northcoast Research cut shares of Big Lots from a “buy” rating to a “neutral” rating in a report on Tuesday, August 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $49.45.

The firm’s 50-day moving average is $53.16 and its 200 day moving average is $47.45. The firm has a market cap of $2.35 billion and a PE ratio of 17.61.

Big Lots (NYSE:BIG) last announced its quarterly earnings data on Friday, May 27th. The company reported $0.82 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.12. The firm had revenue of $1.31 billion for the quarter. The company’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.60 earnings per share. On average, 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 business’s stock in a transaction dated Monday, July 11th. The stock was sold at an average price of $52.10, for a total transaction of $156,300.00. Following the completion of the transaction, the director now directly owns 12,377 shares in the company, valued at approximately $644,841.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO David J. Campisi sold 49,805 shares of the business’s stock in a transaction dated Friday, May 27th. The stock was sold at an average price of $50.05, for a total value of $2,492,740.25. Following the transaction, the chief executive officer now owns 186,636 shares of the company’s stock, valued at $9,341,131.80. The disclosure for this sale can be found here.

A hedge fund recently bought a new stake in Big Lots stock. Trexquant Investment LP bought a new stake in Big Lots Inc. (NYSE:BIG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 42,720 shares of the company’s stock, valued at approximately $1,646,000. Trexquant Investment LP owned approximately 0.09% of Big Lots as of its most recent filing with the SEC.

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