Alyeska Investment Group L.P. Has $2.01 Million Stake in Boot Barn Holdings, Inc. (BOOT)
Alyeska Investment Group L.P. cut its stake in Boot Barn Holdings, Inc. (NYSE:BOOT) by 27.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 226,203 shares of the company’s stock after selling 87,464 shares during the quarter. Alyeska Investment Group L.P. owned 0.85% of Boot Barn worth $2,013,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently modified their holdings of BOOT. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Boot Barn during the third quarter valued at approximately $3,674,000. GMT Capital Corp purchased a new stake in shares of Boot Barn during the third quarter valued at approximately $3,492,000. Franklin Resources Inc. increased its position in shares of Boot Barn by 26.1% during the second quarter. Franklin Resources Inc. now owns 1,840,355 shares of the company’s stock valued at $13,030,000 after acquiring an additional 381,163 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Boot Barn by 83.8% during the second quarter. Dimensional Fund Advisors LP now owns 626,993 shares of the company’s stock valued at $4,439,000 after acquiring an additional 285,871 shares during the last quarter. Finally, Stephens Investment Management Group LLC increased its position in shares of Boot Barn by 15.7% during the third quarter. Stephens Investment Management Group LLC now owns 1,568,993 shares of the company’s stock valued at $13,964,000 after acquiring an additional 213,405 shares during the last quarter.
BOOT has been the subject of a number of research analyst reports. Zacks Investment Research raised Boot Barn from a “hold” rating to a “buy” rating and set a $9.75 price target for the company in a research report on Tuesday, October 3rd. Jefferies Group reaffirmed a “buy” rating on shares of Boot Barn in a research report on Wednesday, October 11th. Robert W. Baird reaffirmed a “buy” rating and set a $11.00 price target on shares of Boot Barn in a research report on Friday, October 13th. TheStreet raised Boot Barn from a “d” rating to a “c” rating in a research report on Monday, October 30th. Finally, Citigroup increased their price target on Boot Barn from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Boot Barn currently has a consensus rating of “Buy” and a consensus price target of $11.97.
Boot Barn Holdings, Inc. (NYSE:BOOT) opened at $15.39 on Thursday. Boot Barn Holdings, Inc. has a twelve month low of $5.90 and a twelve month high of $15.67. The firm has a market capitalization of $397.34, a price-to-earnings ratio of 25.69, a price-to-earnings-growth ratio of 1.56 and a beta of 1.79. The company has a current ratio of 1.32, a quick ratio of 0.16 and a debt-to-equity ratio of 1.04.
Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. Boot Barn had a return on equity of 8.70% and a net margin of 2.32%. The business had revenue of $143.10 million during the quarter, compared to analyst estimates of $139.92 million. During the same period in the prior year, the company earned $0.02 earnings per share. Boot Barn’s revenue was up 6.8% compared to the same quarter last year. equities research analysts predict that Boot Barn Holdings, Inc. will post 0.61 EPS for the current year.
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About Boot Barn
Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.
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