10,670 Shares in Big 5 Sporting Goods Co. (NASDAQ:BGFV) Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. purchased a new position in Big 5 Sporting Goods Co. (NASDAQ:BGFV) during the fourth quarter, Holdings Channel.com reports. The firm purchased 10,670 shares of the company’s stock, valued at approximately $68,000.

A number of other institutional investors have also recently bought and sold shares of BGFV. FMR LLC increased its stake in Big 5 Sporting Goods by 1,561.0% in the 1st quarter. FMR LLC now owns 3,405 shares of the company’s stock worth $26,000 after purchasing an additional 3,200 shares in the last quarter. Great West Life Assurance Co. Can increased its stake in Big 5 Sporting Goods by 182.8% in the 1st quarter. Great West Life Assurance Co. Can now owns 1,459 shares of the company’s stock worth $26,000 after purchasing an additional 943 shares in the last quarter. State of Wyoming purchased a new position in Big 5 Sporting Goods during the 2nd quarter valued at about $34,000. Tower Research Capital LLC TRC grew its stake in Big 5 Sporting Goods by 424.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,606 shares of the company’s stock valued at $39,000 after acquiring an additional 4,537 shares in the last quarter. Finally, Quarry LP grew its stake in Big 5 Sporting Goods by 145.9% during the 1st quarter. Quarry LP now owns 5,782 shares of the company’s stock valued at $44,000 after acquiring an additional 3,431 shares in the last quarter. Hedge funds and other institutional investors own 41.98% of the company’s stock.

Analyst Ratings Changes

BGFV has been the topic of several research analyst reports. TheStreet cut Big 5 Sporting Goods from a “c” rating to a “d+” rating in a research note on Wednesday, February 28th. StockNews.com cut Big 5 Sporting Goods from a “hold” rating to a “sell” rating in a research note on Wednesday.

Big 5 Sporting Goods Trading Down 2.6 %

NASDAQ:BGFV opened at $3.03 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.63 and a quick ratio of 0.18. Big 5 Sporting Goods Co. has a fifty-two week low of $3.01 and a fifty-two week high of $9.99. The stock’s 50-day moving average is $4.15 and its two-hundred day moving average is $5.41. The stock has a market cap of $67.99 million, a PE ratio of -9.18 and a beta of 2.35.

Big 5 Sporting Goods (NASDAQ:BGFV) last announced its quarterly earnings results on Tuesday, February 27th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by ($0.02). The firm had revenue of $196.35 million for the quarter. Big 5 Sporting Goods had a negative net margin of 0.80% and a negative return on equity of 2.77%.

Big 5 Sporting Goods Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 8th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.20 annualized dividend and a dividend yield of 6.60%. Big 5 Sporting Goods’s dividend payout ratio is -60.61%.

Big 5 Sporting Goods Profile

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.