Nisa Investment Advisors LLC held its stake in International Speedway Corporation (NASDAQ:ISCA) during the second quarter, Holdings Channel reports. The institutional investor owned 15,320 shares of the company’s stock at the end of the second quarter. Nisa Investment Advisors LLC’s holdings in International Speedway Corporation were worth $575,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Quantbot Technologies LP raised its stake in International Speedway Corporation by 165.1% in the first quarter. Quantbot Technologies LP now owns 3,446 shares of the company’s stock valued at $127,000 after buying an additional 2,146 shares in the last quarter. Victory Capital Management Inc. bought a new stake in International Speedway Corporation during the first quarter valued at $179,000. Oxford Asset Management bought a new stake in International Speedway Corporation during the first quarter valued at $220,000. TFS Capital LLC raised its stake in International Speedway Corporation by 14.2% in the first quarter. TFS Capital LLC now owns 7,048 shares of the company’s stock valued at $260,000 after buying an additional 879 shares in the last quarter. Finally, Acadian Asset Management LLC raised its stake in International Speedway Corporation by 181.5% in the first quarter. Acadian Asset Management LLC now owns 8,135 shares of the company’s stock valued at $300,000 after buying an additional 5,245 shares in the last quarter. Institutional investors own 51.20% of the company’s stock.

Shares of International Speedway Corporation (NASDAQ ISCA) traded up 1.00% during trading on Wednesday, hitting $35.45. 48,870 shares of the company were exchanged. The company has a 50 day moving average of $35.25 and a 200-day moving average of $36.40. The stock has a market capitalization of $1.59 billion, a PE ratio of 23.22 and a beta of 1.17. International Speedway Corporation has a 1-year low of $30.05 and a 1-year high of $40.31.

International Speedway Corporation (NASDAQ:ISCA) last released its quarterly earnings data on Monday, July 3rd. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by $0.02. International Speedway Corporation had a return on equity of 4.94% and a net margin of 10.41%. The business had revenue of $165.30 million during the quarter, compared to the consensus estimate of $166.79 million. During the same quarter in the previous year, the business posted $0.29 earnings per share. International Speedway Corporation’s quarterly revenue was down 1.4% compared to the same quarter last year. On average, analysts forecast that International Speedway Corporation will post $1.54 earnings per share for the current year.

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A number of analysts have commented on the stock. Zacks Investment Research upgraded shares of International Speedway Corporation from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a research note on Friday, July 7th. BidaskClub upgraded shares of International Speedway Corporation from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Citigroup Inc. restated a “sell” rating and set a $30.00 price target (down previously from $31.00) on shares of International Speedway Corporation in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $36.50.

In other International Speedway Corporation news, Director Hyatt J. Brown acquired 10,000 shares of International Speedway Corporation stock in a transaction that occurred on Wednesday, July 12th. The stock was bought at an average cost of $33.79 per share, for a total transaction of $337,900.00. Following the acquisition, the director now owns 809 shares of the company’s stock, valued at $27,336.11. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 43.06% of the stock is currently owned by company insiders.

International Speedway Corporation Company Profile

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Institutional Ownership by Quarter for International Speedway Corporation (NASDAQ:ISCA)

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