Flinton Capital Management LLC lifted its holdings in shares of Gap Inc (NYSE:GPS) by 182.3% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 225,148 shares of the apparel retailer’s stock after buying an additional 145,404 shares during the period. Flinton Capital Management LLC’s holdings in GAP were worth $7,025,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Hermes Investment Management Ltd. raised its holdings in shares of GAP by 7.3% during the 4th quarter. Hermes Investment Management Ltd. now owns 29,252 shares of the apparel retailer’s stock worth $996,000 after buying an additional 2,000 shares in the last quarter. Amalgamated Bank raised its holdings in shares of GAP by 9.8% during the 4th quarter. Amalgamated Bank now owns 29,655 shares of the apparel retailer’s stock worth $1,010,000 after buying an additional 2,644 shares in the last quarter. Xact Kapitalforvaltning AB raised its holdings in shares of GAP by 9.6% during the 4th quarter. Xact Kapitalforvaltning AB now owns 32,336 shares of the apparel retailer’s stock worth $1,101,000 after buying an additional 2,819 shares in the last quarter. San Francisco Sentry Investment Group CA raised its holdings in shares of GAP by 543.3% during the 4th quarter. San Francisco Sentry Investment Group CA now owns 3,493 shares of the apparel retailer’s stock worth $119,000 after buying an additional 2,950 shares in the last quarter. Finally, Gyroscope Capital Management Group LLC raised its holdings in shares of GAP by 1.6% during the 4th quarter. Gyroscope Capital Management Group LLC now owns 200,465 shares of the apparel retailer’s stock worth $6,828,000 after buying an additional 3,181 shares in the last quarter. 58.68% of the stock is owned by institutional investors.

A number of equities analysts have recently commented on the company. TheStreet raised GAP from a “c+” rating to a “b” rating in a report on Thursday, March 1st. Nomura boosted their price target on GAP from $31.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, March 5th. Zacks Investment Research raised GAP from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Monday, March 5th. MKM Partners set a $35.00 price target on GAP and gave the stock a “hold” rating in a report on Friday, March 2nd. Finally, Royal Bank of Canada set a $35.00 price target on GAP and gave the stock a “hold” rating in a report on Thursday, March 1st. Three investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $32.88.

Shares of GPS stock opened at $28.15 on Friday. The stock has a market capitalization of $10.96 billion, a PE ratio of 12.85, a P/E/G ratio of 1.35 and a beta of 0.84. The company has a quick ratio of 1.04, a current ratio of 1.86 and a debt-to-equity ratio of 0.40. Gap Inc has a 1-year low of $21.02 and a 1-year high of $35.68.

GAP (NYSE:GPS) last issued its quarterly earnings results on Thursday, May 24th. The apparel retailer reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.04). The company had revenue of $3.78 billion during the quarter, compared to analyst estimates of $3.60 billion. GAP had a net margin of 5.36% and a return on equity of 28.41%. The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 EPS. research analysts predict that Gap Inc will post 2.58 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 1st. Stockholders of record on Wednesday, July 11th will be paid a $0.2425 dividend. The ex-dividend date is Tuesday, July 10th. This represents a $0.97 annualized dividend and a dividend yield of 3.45%. GAP’s payout ratio is 45.54%.

In related news, Director Brian Goldner purchased 5,000 shares of the firm’s stock in a transaction dated Monday, March 5th. The stock was bought at an average price of $33.75 per share, with a total value of $168,750.00. Following the completion of the purchase, the director now owns 5,000 shares in the company, valued at approximately $168,750. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Dara Bazzano sold 4,066 shares of the stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $34.00, for a total value of $138,244.00. The disclosure for this sale can be found here. In the last three months, insiders sold 1,770,425 shares of company stock valued at $57,824,673. Insiders own 27.30% of the company’s stock.

GAP Company Profile

The Gap, Inc operates as an apparel retail company worldwide. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, and Intermix brands. Its products include denim, tees, button-downs, khakis, and other products; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities to women and girls.

Want to see what other hedge funds are holding GPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gap Inc (NYSE:GPS).

Institutional Ownership by Quarter for GAP (NYSE:GPS)

Receive News & Ratings for GAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAP and related companies with MarketBeat.com's FREE daily email newsletter.