2 weeks Ago By Defense World Staff
Bank of Montreal Can lessened its stake in shares of Foot Locker, Inc. ( NYSE:FL – Free Report ) by 79.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The fund owned 13,649 shares of the athletic footwear retailer’s stock after selling 52,656 shares during the quarter. Bank of Montreal Can’s holdings in Foot Locker were worth $297,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also recently modified their holdings of the company.
Vanguard Group Inc. lifted its holdings in Foot Locker by 2.0% in the 4th quarter.
Vanguard Group Inc. now owns 10,505,006 shares of the athletic footwear retailer’s stock worth $228,589,000 after purchasing an additional 210,832 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Foot Locker by 88.
6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 5,323,597 shares of the athletic footwear retailer’s stock valued at $115,365,000 after buying an additional 2,500,396 shares in the last quarter. American Century Companies Inc.
raised its position in Foot Locker by 5.2% during the fourth quarter. American Century Companies Inc.
now owns 1,659,206 shares of the athletic footwear retailer’s stock valued at $36,104,000 after purchasing an additional 81,814 shares during the period. Bank of New York Mellon Corp lifted its position in Foot Locker by 30.4% in the fourth quarter.
Bank of New York Mellon Corp now owns 1,429,870 shares of the athletic footwear retailer’s stock worth $31,114,000 after buying an additional 333,247 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Foot Locker by 5.
6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,176,449 shares of the athletic footwear retailer’s stock worth $25,600,000 after purchasing an additional 62,866 shares during the last quarter.
Analysts Set New Price Targets A number of analysts recently issued reports on the company. Evercore ISI lowered their price target on Foot Locker from $22.00 to $15.
00 and set an “outperform” rating for the company in a report on Friday, April 11th. Needham & Company LLC restated a “buy” rating and issued a $24.00 price target on shares of Foot Locker in a report on Wednesday, March 5th.
UBS Group dropped their target price on Foot Locker from $22.00 to $21.00 and set a “neutral” rating on the stock in a research note on Thursday, March 6th.
JPMorgan Chase & Co. lowered their target price on shares of Foot Locker from $19.00 to $16.
00 and set an “underweight” rating for the company in a research note on Monday, April 14th. Finally, Piper Sandler lowered their price objective on shares of Foot Locker from $19.00 to $12.
00 and set a “neutral” rating for the company in a research note on Friday, April 11th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $21.
38. Foot Locker Stock Up 0.6 % NYSE FL opened at $11.
64 on Thursday. The business’s fifty day simple moving average is $15.18 and its 200-day simple moving average is $19.
81. The company has a quick ratio of 0.45, a current ratio of 1.
67 and a debt-to-equity ratio of 0.15. The firm has a market cap of $1.
11 billion, a PE ratio of -2.58, a P/E/G ratio of 0.53 and a beta of 1.
41. Foot Locker, Inc. has a 52 week low of $11.
00 and a 52 week high of $33.94. Foot Locker ( NYSE:FL – Get Free Report ) last issued its earnings results on Wednesday, March 5th.
The athletic footwear retailer reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.
13. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.
32 billion. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.
91%. Foot Locker’s quarterly revenue was down 5.7% compared to the same quarter last year.
During the same period in the previous year, the firm earned $0.38 earnings per share. As a group, equities analysts anticipate that Foot Locker, Inc.
will post 1.23 earnings per share for the current year. Foot Locker Profile ( Free Report ) Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East.
Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer. Read More Five stocks we like better than Foot Locker Find and Profitably Trade Stocks at 52-Week Lows Can IBM’s Q1 Earnings Spark a Breakout for the Stock? Quiet Period Expirations Explained S&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry? How Investors Can Identify and Successfully Trade Gap-Down Stocks Fundamentally Sound, These 5 Stocks Sold Off Anyway Want to see what other hedge funds are holding FL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Foot Locker, Inc.
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