GSA Capital Partners LLP lowered its holdings in shares of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) by 9.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 158,409 shares of the company’s stock after selling 15,670 shares during the quarter. GSA Capital Partners LLP owned 0.73% of Big 5 Sporting Goods Corporation worth $2,067,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its holdings in Big 5 Sporting Goods Corporation by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,855,341 shares of the company’s stock valued at $28,016,000 after acquiring an additional 4,736 shares during the period. Denver Investment Advisors LLC bought a new stake in Big 5 Sporting Goods Corporation during the 2nd quarter valued at $14,188,000. Vanguard Group Inc. raised its position in Big 5 Sporting Goods Corporation by 12.2% during the 1st quarter. Vanguard Group Inc. now owns 1,011,123 shares of the company’s stock valued at $15,268,000 after purchasing an additional 110,184 shares in the last quarter. Principal Financial Group Inc. raised its position in Big 5 Sporting Goods Corporation by 18.9% during the 2nd quarter. Principal Financial Group Inc. now owns 786,699 shares of the company’s stock valued at $10,267,000 after purchasing an additional 125,164 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in Big 5 Sporting Goods Corporation by 36.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 687,768 shares of the company’s stock valued at $8,976,000 after purchasing an additional 185,019 shares in the last quarter.

In other news, Director Van B. Honeycutt acquired 48,000 shares of the company’s stock in a transaction dated Friday, August 18th. The stock was acquired at an average cost of $7.71 per share, for a total transaction of $370,080.00. Following the acquisition, the director now directly owns 18,600 shares in the company, valued at approximately $143,406. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 7.90% of the company’s stock.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) opened at 7.25 on Friday. The firm has a market cap of $157.66 million, a PE ratio of 6.66 and a beta of -0.06. The firm’s 50 day moving average price is $8.27 and its 200-day moving average price is $12.52. Big 5 Sporting Goods Corporation has a one year low of $7.15 and a one year high of $20.35.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last issued its quarterly earnings data on Tuesday, August 1st. The company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.06). The company had revenue of $243.67 million for the quarter, compared to analyst estimates of $251.03 million. Big 5 Sporting Goods Corporation had a return on equity of 11.86% and a net margin of 2.30%. The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.11 earnings per share. Equities analysts predict that Big 5 Sporting Goods Corporation will post $0.96 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.28%. Big 5 Sporting Goods Corporation’s payout ratio is 54.55%.

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Several research analysts have recently commented on the company. Forward View reissued a “hold” rating and issued a $8.00 price target on shares of Big 5 Sporting Goods Corporation in a research report on Sunday, September 3rd. ValuEngine lowered Big 5 Sporting Goods Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. TheStreet lowered Big 5 Sporting Goods Corporation from a “b-” rating to a “c” rating in a research report on Wednesday, August 9th. Zacks Investment Research downgraded Big 5 Sporting Goods Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, August 4th. Finally, Deutsche Bank AG downgraded Big 5 Sporting Goods Corporation from a “buy” rating to a “hold” rating and dropped their price target for the company from $20.00 to $10.00 in a research note on Wednesday, August 2nd. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Big 5 Sporting Goods Corporation has a consensus rating of “Hold” and an average price target of $11.67.

Big 5 Sporting Goods Corporation Company Profile

Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The Company offers a range of products in a sporting goods store format. The Company also offers products online through its e-commerce platform. The Company’s product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports.

Institutional Ownership by Quarter for Big 5 Sporting Goods Corporation (NASDAQ:BGFV)

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