DICK’S Sporting Goods, Inc. (NYSE:DKS) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC decreased its position in DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Rating) by 3.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,764 shares of the sporting goods retailer’s stock after selling 4,898 shares during the quarter. Nuveen Asset Management LLC owned 0.16% of DICK’S Sporting Goods worth $13,370,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. CoreCap Advisors LLC acquired a new stake in shares of DICK’S Sporting Goods during the second quarter worth approximately $40,000. Northern Oak Wealth Management Inc. acquired a new position in DICK’S Sporting Goods in the second quarter worth $51,000. Cullen Frost Bankers Inc. boosted its holdings in DICK’S Sporting Goods by 26.0% in the third quarter. Cullen Frost Bankers Inc. now owns 630 shares of the sporting goods retailer’s stock worth $66,000 after purchasing an additional 130 shares during the period. Quadrant Capital Group LLC boosted its holdings in DICK’S Sporting Goods by 479.8% in the third quarter. Quadrant Capital Group LLC now owns 690 shares of the sporting goods retailer’s stock worth $72,000 after purchasing an additional 571 shares during the period. Finally, Point72 Hong Kong Ltd boosted its holdings in DICK’S Sporting Goods by 188.8% in the first quarter. Point72 Hong Kong Ltd now owns 797 shares of the sporting goods retailer’s stock worth $80,000 after purchasing an additional 521 shares during the period. Institutional investors and hedge funds own 75.08% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on DKS. Gordon Haskett lifted their price objective on shares of DICK’S Sporting Goods from $135.00 to $170.00 in a report on Tuesday. Citigroup cut DICK’S Sporting Goods from a “buy” rating to a “neutral” rating and cut their target price for the company from $143.00 to $140.00 in a research note on Tuesday, February 28th. Wells Fargo & Company raised their target price on DICK’S Sporting Goods from $103.00 to $120.00 in a research note on Wednesday, November 23rd. Morgan Stanley raised their target price on DICK’S Sporting Goods from $135.00 to $165.00 and gave the company an “overweight” rating in a research note on Monday, January 9th. Finally, UBS Group raised their target price on DICK’S Sporting Goods from $120.00 to $130.00 and gave the company a “neutral” rating in a research note on Friday, January 6th. Eight investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $142.00.

Insider Buying and Selling

In other DICK’S Sporting Goods news, SVP John Edward Hayes III sold 1,000 shares of the business’s stock in a transaction dated Friday, December 9th. The stock was sold at an average price of $120.57, for a total transaction of $120,570.00. Following the sale, the senior vice president now owns 26,231 shares in the company, valued at approximately $3,162,671.67. The transaction was disclosed in a filing with the SEC, which is available through this link. In other DICK’S Sporting Goods news, SVP John Edward Hayes III sold 1,000 shares of the business’s stock in a transaction dated Friday, December 9th. The stock was sold at an average price of $120.57, for a total transaction of $120,570.00. Following the sale, the senior vice president now owns 26,231 shares in the company, valued at approximately $3,162,671.67. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Vladimir Rak sold 29,144 shares of the business’s stock in a transaction dated Wednesday, December 21st. The stock was sold at an average price of $112.43, for a total value of $3,276,659.92. Following the sale, the executive vice president now owns 48,260 shares in the company, valued at approximately $5,425,871.80. The disclosure for this sale can be found here. 32.83% of the stock is owned by corporate insiders.

DICK’S Sporting Goods Price Performance

NYSE:DKS opened at $146.79 on Wednesday. The business’s 50-day moving average price is $128.27 and its 200 day moving average price is $117.55. The firm has a market cap of $11.63 billion, a P/E ratio of 12.96, a PEG ratio of 2.20 and a beta of 1.41. DICK’S Sporting Goods, Inc. has a 52-week low of $63.45 and a 52-week high of $146.89. The company has a quick ratio of 0.59, a current ratio of 1.81 and a debt-to-equity ratio of 0.69.

DICK’S Sporting Goods Profile

(Get Rating)

Dick’s Sporting Goods, Inc engages in the retail of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories through a blend of associates, in-store services, and unique specialty shop-in-shops. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.