2 weeks Ago By Defense World Staff
Envestnet Asset Management Inc. reduced its position in shares of Shoe Carnival, Inc. (NASDAQ:SCVL – Free Report) by 0.
3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 195,782 shares of the company’s stock after selling 672 shares during the period. Envestnet Asset Management Inc.
owned about 0.72% of Shoe Carnival worth $6,476,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors also recently made changes to their positions in the company.
JPMorgan Chase & Co. lifted its holdings in shares of Shoe Carnival by 215.0% during the fourth quarter.
JPMorgan Chase & Co. now owns 194,627 shares of the company’s stock worth $6,438,000 after purchasing an additional 132,844 shares during the period. Hodges Capital Management Inc.
lifted its holdings in Shoe Carnival by 20.0% during the 4th quarter. Hodges Capital Management Inc.
now owns 581,508 shares of the company’s stock worth $19,236,000 after buying an additional 96,753 shares during the period. Brandywine Global Investment Management LLC acquired a new position in Shoe Carnival during the 4th quarter worth about $2,751,000. Royce & Associates LP grew its position in shares of Shoe Carnival by 13.
8% in the 4th quarter. Royce & Associates LP now owns 528,092 shares of the company’s stock valued at $17,469,000 after buying an additional 64,239 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Shoe Carnival by 17.
0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 409,320 shares of the company’s stock valued at $13,540,000 after buying an additional 59,603 shares during the period. 66.
05% of the stock is currently owned by institutional investors. Shoe Carnival Price PerformanceShares of SCVL opened at $17.26 on Monday.
The business has a 50-day moving average of $21.48 and a 200-day moving average of $29.42.
Shoe Carnival, Inc. has a 1 year low of $16.53 and a 1 year high of $46.
92. The company has a market capitalization of $469.04 million, a price-to-earnings ratio of 6.
35 and a beta of 1.35. Shoe Carnival (NASDAQ:SCVL – Get Free Report) last released its quarterly earnings results on Thursday, March 20th.
The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.
12. Shoe Carnival had a net margin of 6.12% and a return on equity of 12.
52%. The firm had revenue of $262.90 million during the quarter, compared to analyst estimates of $277.
89 million. During the same quarter last year, the business earned $0.59 EPS.
The company’s revenue was down 6.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Shoe Carnival, Inc.
will post 2.6 EPS for the current year. Shoe Carnival Increases DividendThe firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 21st.
Stockholders of record on Monday, April 7th will be given a $0.15 dividend. The ex-dividend date is Monday, April 7th.
This is a positive change from Shoe Carnival’s previous quarterly dividend of $0.14. This represents a $0.
60 annualized dividend and a dividend yield of 3.48%. Shoe Carnival’s dividend payout ratio (DPR) is 22.
39%. Shoe Carnival Company Profile (Free Report)Shoe Carnival, Inc, together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories.
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