Public Sector Pension investment Board cut its stake in shares of The Finish Line, Inc. (NASDAQ:FINL) by 28.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,928 shares of the specialty retailer’s stock after selling 8,400 shares during the quarter. Public Sector Pension investment Board owned about 0.05% of The Finish Line worth $297,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. grew its holdings in shares of The Finish Line by 19.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 488,067 shares of the specialty retailer’s stock valued at $6,916,000 after buying an additional 79,086 shares during the last quarter. Airain ltd grew its holdings in shares of The Finish Line by 37.9% during the second quarter. Airain ltd now owns 148,369 shares of the specialty retailer’s stock valued at $2,102,000 after buying an additional 40,791 shares during the last quarter. State of Tennessee Treasury Department grew its holdings in shares of The Finish Line by 17.8% during the first quarter. State of Tennessee Treasury Department now owns 39,843 shares of the specialty retailer’s stock valued at $567,000 after buying an additional 6,013 shares during the last quarter. Thompson Siegel & Walmsley LLC grew its holdings in shares of The Finish Line by 8.2% during the second quarter. Thompson Siegel & Walmsley LLC now owns 1,917,439 shares of the specialty retailer’s stock valued at $27,170,000 after buying an additional 146,110 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of The Finish Line by 233.4% during the first quarter. JPMorgan Chase & Co. now owns 120,679 shares of the specialty retailer’s stock valued at $1,717,000 after buying an additional 84,484 shares during the last quarter. 99.97% of the stock is currently owned by hedge funds and other institutional investors.

In other The Finish Line news, COO Melissa A. Greenwell sold 4,077 shares of the business’s stock in a transaction that occurred on Saturday, July 29th. The shares were sold at an average price of $21.67, for a total transaction of $88,348.59. Following the completion of the sale, the chief operating officer now directly owns 11,862 shares in the company, valued at $257,049.54. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 6.00% of the stock is owned by insiders.

A number of equities research analysts have recently weighed in on the stock. Susquehanna Bancshares Inc reissued a “neutral” rating and set a $12.00 price objective on shares of The Finish Line in a report on Friday, September 29th. Zacks Investment Research raised shares of The Finish Line from a “sell” rating to a “hold” rating in a report on Thursday, September 21st. Jefferies Group LLC set a $17.00 target price on shares of The Finish Line and gave the company a “buy” rating in a research report on Sunday, August 20th. BidaskClub upgraded shares of The Finish Line from a “strong sell” rating to a “sell” rating in a research report on Friday, August 4th. Finally, Canaccord Genuity restated a “hold” rating and set a $8.00 target price (down from $14.00) on shares of The Finish Line in a research report on Tuesday, August 29th. Six investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and one has issued a buy rating to the company. The Finish Line presently has an average rating of “Hold” and an average target price of $10.85.

The Finish Line, Inc. (FINL) opened at 10.32 on Friday. The stock’s market cap is $414.79 million. The company’s 50 day moving average is $10.20 and its 200-day moving average is $13.10. The Finish Line, Inc. has a 52-week low of $6.90 and a 52-week high of $24.50.

The Finish Line (NASDAQ:FINL) last released its quarterly earnings data on Friday, September 22nd. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The Finish Line had a negative net margin of 2.13% and a positive return on equity of 5.44%. The company had revenue of $469.40 million during the quarter, compared to the consensus estimate of $478.25 million. During the same period in the previous year, the firm earned $0.53 earnings per share. The Finish Line’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, equities analysts anticipate that The Finish Line, Inc. will post $0.54 earnings per share for the current year.

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The Finish Line Profile

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.

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

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