Traders purchased shares of Foot Locker Inc. (NYSE:FL) on weakness during trading hours on Tuesday. $32.58 million flowed into the stock on the tick-up and $14.16 million flowed out of the stock on the tick-down, for a money net flow of $18.42 million into the stock. Of all stocks tracked, Foot Locker had the 23rd highest net in-flow for the day. Foot Locker traded down ($0.84) for the day and closed at $65.60

FL has been the topic of a number of recent analyst reports. Brean Capital reduced their price target on Foot Locker to $66.00 in a research report on Monday, May 23rd. Deutsche Bank AG reaffirmed a “buy” rating and set a $79.00 price target (down from $80.00) on shares of Foot Locker in a research report on Monday, May 16th. Canaccord Genuity reaffirmed a “buy” rating and set a $81.00 price target on shares of Foot Locker in a research report on Monday, May 16th. Sterne Agee CRT reaffirmed a “buy” rating on shares of Foot Locker in a research report on Monday, May 16th. Finally, BB&T Corp. reaffirmed a “buy” rating and set a $80.00 price target on shares of Foot Locker in a research report on Monday, May 23rd. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $73.40.

The firm has a market capitalization of $8.89 billion and a P/E ratio of 16.32. The company’s 50 day moving average price is $61.01 and its 200-day moving average price is $60.28.

Foot Locker (NYSE:FL) last posted its quarterly earnings data on Friday, August 19th. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. During the same quarter in the prior year, the firm posted $0.84 earnings per share. The business earned $1.78 billion during the quarter, compared to analyst estimates of $1.76 billion. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Analysts expect that Foot Locker Inc. will post $4.76 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 28th. Shareholders of record on Friday, October 14th will be paid a $0.275 dividend. The ex-dividend date is Wednesday, October 12th. This represents a $1.10 dividend on an annualized basis and a yield of 1.68%.

In other news, Director Jarobin Gilbert, Jr. sold 1,000 shares of Foot Locker stock in a transaction dated Friday, July 8th. The shares were sold at an average price of $57.36, for a total value of $57,360.00. Following the sale, the director now owns 12,876 shares of the company’s stock, valued at $738,567.36. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Richard A. Johnson sold 50,000 shares of Foot Locker stock in a transaction dated Friday, August 19th. The shares were sold at an average price of $68.04, for a total transaction of $3,402,000.00. The disclosure for this sale can be found here.

Several hedge funds have recently modified their holdings of FL. KBC Group NV increased its stake in shares of Foot Locker by 1.8% in the fourth quarter. KBC Group NV now owns 31,528 shares of the company’s stock valued at $2,053,000 after buying an additional 560 shares during the last quarter. US Bancorp DE increased its stake in shares of Foot Locker by 0.6% in the fourth quarter. US Bancorp DE now owns 369,831 shares of the company’s stock valued at $24,072,000 after buying an additional 2,067 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Foot Locker by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 804,527 shares of the company’s stock valued at $52,366,000 after buying an additional 18,905 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Foot Locker by 4.7% in the fourth quarter. Ameriprise Financial Inc. now owns 1,325,990 shares of the company’s stock valued at $86,309,000 after buying an additional 59,529 shares during the last quarter.

Foot Locker, Inc is a retailer of shoes and apparel. The Company operates through two segments: Athletic Stores and Direct-to-Customers. The Company’s Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, SIX:02, Runners Point Group, including Runners Point and Sidestep.

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