2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. cut its position in Shoe Carnival, Inc. ( NASDAQ:SCVL – Free Report ) by 14.
8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 67,524 shares of the company’s stock after selling 11,738 shares during the period. Russell Investments Group Ltd.
owned about 0.25% of Shoe Carnival worth $2,234,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds have also recently modified their holdings of SCVL.
KLP Kapitalforvaltning AS bought a new stake in Shoe Carnival during the fourth quarter valued at about $99,000. SG Americas Securities LLC bought a new stake in Shoe Carnival during the 4th quarter valued at approximately $178,000. FMR LLC lifted its holdings in Shoe Carnival by 8.
7% in the 3rd quarter. FMR LLC now owns 4,266 shares of the company’s stock worth $187,000 after purchasing an additional 343 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Shoe Carnival by 21.
6% in the 4th quarter. Wells Fargo & Company MN now owns 12,404 shares of the company’s stock worth $410,000 after purchasing an additional 2,206 shares during the period. Finally, Franklin Resources Inc.
bought a new position in Shoe Carnival in the 3rd quarter worth approximately $530,000. 66.05% of the stock is currently owned by institutional investors.
Shoe Carnival Price Performance Shoe Carnival stock opened at $17.26 on Friday. The firm’s 50 day moving average price is $21.
48 and its 200-day moving average price is $29.58. Shoe Carnival, Inc.
has a 1 year low of $16.53 and a 1 year high of $46.92.
The stock has a market cap of $469.04 million, a P/E ratio of 6.35 and a beta of 1.
35. Shoe Carnival Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, April 21st. Stockholders of record on Monday, April 7th will be issued a $0.
15 dividend. The ex-dividend date is Monday, April 7th. This is an increase from Shoe Carnival’s previous quarterly dividend of $0.
14. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.
48%. Shoe Carnival’s payout ratio 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. The company also operates stores, and sells its products through online shopping at shoecarnival.
com, as well as through mobile app. See Also Want to see what other hedge funds are holding SCVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Shoe Carnival, Inc.
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