SG Americas Securities LLC Invests $199,000 in Boot Barn Holdings, Inc. (NYSE:BOOT)

SG Americas Securities LLC bought a new position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,589 shares of the company’s stock, valued at approximately $199,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tilia Fiduciary Partners Inc. increased its holdings in Boot Barn by 4.1% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 10,030 shares of the company’s stock valued at $770,000 after buying an additional 399 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in Boot Barn by 6.0% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 47,222 shares of the company’s stock valued at $3,625,000 after buying an additional 2,656 shares during the last quarter. Whittier Trust Co. increased its holdings in Boot Barn by 3.0% in the fourth quarter. Whittier Trust Co. now owns 95,483 shares of the company’s stock valued at $7,329,000 after buying an additional 2,753 shares during the last quarter. North Star Investment Management Corp. increased its holdings in Boot Barn by 10.7% in the fourth quarter. North Star Investment Management Corp. now owns 106,270 shares of the company’s stock valued at $8,157,000 after buying an additional 10,300 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in Boot Barn by 3.5% in the third quarter. Public Employees Retirement System of Ohio now owns 53,154 shares of the company’s stock valued at $4,316,000 after buying an additional 1,800 shares during the last quarter.

Insider Transactions at Boot Barn

In related news, CEO James Grant Conroy sold 19,478 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $92.38, for a total transaction of $1,799,377.64. Following the sale, the chief executive officer now owns 46,273 shares of the company’s stock, valued at $4,274,699.74. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, CEO James Grant Conroy sold 19,478 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $92.38, for a total transaction of $1,799,377.64. Following the sale, the chief executive officer now owns 46,273 shares of the company’s stock, valued at $4,274,699.74. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gene Eddie Burt sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $85.03, for a total value of $85,030.00. Following the sale, the director now directly owns 1,542 shares in the company, valued at approximately $131,116.26. The disclosure for this sale can be found here. Over the last three months, insiders sold 26,339 shares of company stock worth $2,413,715. Company insiders own 2.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on BOOT shares. Robert W. Baird boosted their price objective on Boot Barn from $70.00 to $90.00 and gave the company a “neutral” rating in a report on Thursday, March 21st. KeyCorp assumed coverage on Boot Barn in a research note on Wednesday, February 7th. They issued a “sector weight” rating for the company. UBS Group upgraded Boot Barn from a “neutral” rating to a “buy” rating and lifted their target price for the company from $75.00 to $108.00 in a research note on Friday, January 5th. StockNews.com downgraded Boot Barn from a “hold” rating to a “sell” rating in a research note on Friday, January 19th. Finally, B. Riley decreased their target price on Boot Barn from $92.00 to $83.00 and set a “buy” rating for the company in a research note on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $103.78.

Boot Barn Trading Down 1.3 %

Shares of NYSE BOOT opened at $99.18 on Friday. The stock has a 50 day simple moving average of $90.60 and a 200-day simple moving average of $80.41. The company has a market cap of $3.01 billion, a PE ratio of 18.47 and a beta of 2.19. Boot Barn Holdings, Inc. has a 12-month low of $64.33 and a 12-month high of $104.91.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings data on Wednesday, January 31st. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.01. The business had revenue of $520.40 million during the quarter, compared to the consensus estimate of $520.34 million. Boot Barn had a return on equity of 19.52% and a net margin of 9.62%. Sell-side analysts forecast that Boot Barn Holdings, Inc. will post 4.72 earnings per share for the current fiscal year.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.