Teachers Retirement System of The State of Kentucky maintained its position in shares of The Finish Line, Inc. (NASDAQ:FINL) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,947 shares of the specialty retailer’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in The Finish Line were worth $241,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in FINL. Mason Street Advisors LLC boosted its position in shares of The Finish Line by 7.0% in the first quarter. Mason Street Advisors LLC now owns 9,484 shares of the specialty retailer’s stock worth $135,000 after buying an additional 620 shares during the period. Weiss Asset Management LP bought a new position in shares of The Finish Line during the first quarter worth approximately $157,000. Soros Fund Management LLC bought a new position in shares of The Finish Line during the first quarter worth approximately $169,000. Quantitative Systematic Strategies LLC bought a new position in shares of The Finish Line during the first quarter worth approximately $198,000. Finally, Ngam Advisors L.P. boosted its position in shares of The Finish Line by 42.2% in the first quarter. Ngam Advisors L.P. now owns 15,221 shares of the specialty retailer’s stock worth $216,000 after buying an additional 4,520 shares during the period.

The Finish Line, Inc. (NASDAQ FINL) remained flat at $13.33 on Friday. The company’s stock had a trading volume of 253,394 shares. The stock’s market cap is $535.15 million. The Finish Line, Inc. has a 1-year low of $12.25 and a 1-year high of $24.52. The firm’s 50-day moving average price is $13.94 and its 200-day moving average price is $15.11.

The Finish Line (NASDAQ:FINL) last released its earnings results on Friday, June 23rd. The specialty retailer reported $0.23 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.23. The firm had revenue of $429.80 million during the quarter, compared to analyst estimates of $433.97 million. The Finish Line had a positive return on equity of 8.97% and a negative net margin of 1.05%. The Finish Line’s revenue was up .0% compared to the same quarter last year. During the same period last year, the business posted $0.23 earnings per share. On average, equities analysts forecast that The Finish Line, Inc. will post $1.14 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 11th. Investors of record on Friday, August 25th will be issued a $0.11 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $0.44 dividend on an annualized basis and a yield of 3.30%. The Finish Line’s dividend payout ratio (DPR) is presently -89.80%.

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A number of equities analysts recently issued reports on the company. FBR & Co restated a “buy” rating and set a $22.00 price objective on shares of The Finish Line in a report on Tuesday, June 27th. Jefferies Group LLC restated a “buy” rating and set a $17.00 price objective on shares of The Finish Line in a report on Friday, June 23rd. Monness Crespi & Hardt upgraded The Finish Line from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $14.09 to $17.00 in a report on Monday, May 22nd. They noted that the move was a valuation call. Canaccord Genuity restated a “hold” rating and set a $14.00 price objective on shares of The Finish Line in a report on Friday, May 26th. Finally, Piper Jaffray Companies set a $13.00 price objective on The Finish Line and gave the company a “hold” rating in a report on Saturday, June 24th. Nineteen analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $18.11.

In related news, COO Melissa A. Greenwell sold 7,525 shares of The Finish Line stock in a transaction on Saturday, July 15th. The stock was sold at an average price of $22.71, for a total value of $170,892.75. Following the completion of the transaction, the chief operating officer now directly owns 11,862 shares in the company, valued at $269,386.02. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Melissa A. Greenwell sold 4,077 shares of The Finish Line stock in a transaction on Saturday, July 29th. The shares were sold at an average price of $21.67, for a total value of $88,348.59. Following the completion of the transaction, the chief operating officer now owns 11,862 shares of the company’s stock, valued at $257,049.54. The disclosure for this sale can be found here. Company insiders own 6.00% of the company’s stock.

About The Finish Line

The Finish Line, Inc is a specialty retailer. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. The Company operates through the Finish Line brand. Finish Line is a retailer of athletic shoes, apparel and accessories.

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Institutional Ownership by Quarter for The Finish Line (NASDAQ:FINL)

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