Rhumbline Advisers lifted its holdings in Hibbett Sports, Inc. (NASDAQ:HIBB) by 19.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,172 shares of the company’s stock after purchasing an additional 8,955 shares during the period. Rhumbline Advisers’ holdings in Hibbett Sports were worth $803,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Arizona State Retirement System grew its stake in shares of Hibbett Sports by 4.0% in the 4th quarter. Arizona State Retirement System now owns 28,576 shares of the company’s stock worth $409,000 after purchasing an additional 1,092 shares during the last quarter. FNY Investment Advisers LLC grew its stake in shares of Hibbett Sports by 464.0% in the 4th quarter. FNY Investment Advisers LLC now owns 2,713 shares of the company’s stock worth $38,000 after purchasing an additional 2,232 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Hibbett Sports by 8.2% in the 3rd quarter. Legal & General Group Plc now owns 40,435 shares of the company’s stock worth $768,000 after purchasing an additional 3,069 shares during the last quarter. Bank of Montreal Can grew its stake in shares of Hibbett Sports by 2.7% in the 4th quarter. Bank of Montreal Can now owns 150,089 shares of the company’s stock worth $2,146,000 after purchasing an additional 3,964 shares during the last quarter. Finally, Quantamental Technologies LLC acquired a new position in shares of Hibbett Sports in the 4th quarter worth approximately $70,000.

Several equities analysts have recently issued reports on the stock. ValuEngine raised shares of Hibbett Sports from a “strong sell” rating to a “sell” rating in a research note on Tuesday, February 5th. Zacks Investment Research cut shares of Hibbett Sports from a “hold” rating to a “sell” rating in a research note on Tuesday, January 29th. BidaskClub raised shares of Hibbett Sports from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 14th. Finally, Bank of America reiterated an “underperform” rating and issued a $15.00 target price (down from $18.00) on shares of Hibbett Sports in a report on Friday, November 30th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a strong buy rating to the company. Hibbett Sports presently has a consensus rating of “Hold” and a consensus target price of $20.25.

Shares of HIBB opened at $18.48 on Friday. Hibbett Sports, Inc. has a one year low of $13.08 and a one year high of $29.60. The stock has a market capitalization of $337.93 million, a price-to-earnings ratio of 11.34, a PEG ratio of 1.34 and a beta of 0.73.

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Hibbett Sports Profile

Hibbett Sports, Inc, together with its subsidiaries, operates athletic specialty stores. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, sports equipment, and related accessories. The company also operates Hibbett.com, an e-commerce Website. As of March 28, 2018, it operated approximately 1,000 stores primarily in small and mid-sized communities in the United States.

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Institutional Ownership by Quarter for Hibbett Sports (NASDAQ:HIBB)

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