Assenagon Asset Management S.A. acquired a new position in Foot Locker, Inc. (NYSE:FL) during the second quarter, according to its most recent filing with the SEC. The firm acquired 23,046 shares of the athletic footwear retailer’s stock, valued at approximately $1,136,000.

Other institutional investors have also recently modified their holdings of the company. Charter Trust Co. raised its position in shares of Foot Locker by 4.0% in the first quarter. Charter Trust Co. now owns 5,062 shares of the athletic footwear retailer’s stock worth $379,000 after buying an additional 197 shares in the last quarter. Raymond James Trust N.A. raised its position in shares of Foot Locker by 34.3% in the first quarter. Raymond James Trust N.A. now owns 6,454 shares of the athletic footwear retailer’s stock worth $483,000 after buying an additional 1,650 shares in the last quarter. Hefty Wealth Partners purchased a new position in shares of Foot Locker during the first quarter worth approximately $1,303,000. Fulton Bank N.A. raised its position in shares of Foot Locker by 1.5% in the first quarter. Fulton Bank N.A. now owns 7,308 shares of the athletic footwear retailer’s stock worth $547,000 after buying an additional 107 shares in the last quarter. Finally, Chevy Chase Trust Holdings Inc. raised its position in shares of Foot Locker by 0.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 114,421 shares of the athletic footwear retailer’s stock worth $8,559,000 after buying an additional 1,038 shares in the last quarter. Hedge funds and other institutional investors own 93.68% of the company’s stock.

Foot Locker, Inc. (NYSE FL) traded down 1.07% during midday trading on Thursday, reaching $48.02. 597,528 shares of the company’s stock were exchanged. The stock has a market cap of $6.31 billion, a P/E ratio of 9.85 and a beta of 0.70. Foot Locker, Inc. has a 1-year low of $44.87 and a 1-year high of $79.43. The firm’s 50-day moving average is $51.42 and its 200 day moving average is $66.77.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 28th. Stockholders of record on Friday, July 14th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend is Wednesday, July 12th. Foot Locker’s dividend payout ratio is presently 25.36%.

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A number of brokerages have recently issued reports on FL. B. Riley restated a “buy” rating and issued a $79.00 target price on shares of Foot Locker in a research note on Wednesday, April 26th. Jefferies Group LLC restated a “buy” rating and issued a $88.00 target price on shares of Foot Locker in a research note on Friday, April 21st. Zacks Investment Research lowered shares of Foot Locker from a “buy” rating to a “hold” rating in a research note on Monday, April 24th. Cowen and Company restated a “market perform” rating and issued a $77.00 target price on shares of Foot Locker in a research note on Sunday, April 23rd. Finally, Deutsche Bank AG restated a “buy” rating and issued a $88.00 target price (down previously from $89.00) on shares of Foot Locker in a research note on Sunday, April 23rd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. Foot Locker currently has a consensus rating of “Buy” and a consensus target price of $74.79.

In other news, Director Jarobin Gilbert, Jr. sold 5,600 shares of the business’s stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of $59.40, for a total value of $332,640.00. Following the sale, the director now owns 8,964 shares of the company’s stock, valued at $532,461.60. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 2.90% of the company’s stock.

About Foot Locker

Foot Locker, Inc is a retailer of shoes and apparel. The Company operates through two segments: Athletic Stores and Direct-to-Customers. The Company is an athletic footwear and apparel retailer, which include businesses, such as include Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.

Institutional Ownership by Quarter for Foot Locker (NYSE:FL)

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