SG Americas Securities LLC Buys Shares of 5,862 Escalade, Incorporated (NASDAQ:ESCA)

SG Americas Securities LLC bought a new stake in shares of Escalade, Incorporated (NASDAQ:ESCA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,862 shares of the company’s stock, valued at approximately $118,000.

Several other institutional investors also recently bought and sold shares of ESCA. Barclays PLC bought a new position in Escalade during the second quarter valued at about $27,000. Citigroup Inc. bought a new position in shares of Escalade in the second quarter worth about $40,000. California State Teachers Retirement System bought a new position in shares of Escalade in the second quarter worth about $44,000. Denali Advisors LLC bought a new position in shares of Escalade in the third quarter worth about $47,000. Finally, UBS Group AG bought a new position in shares of Escalade in the fourth quarter worth about $47,000. 65.22% of the stock is currently owned by institutional investors.

Escalade Trading Down 2.4 %

Shares of ESCA opened at $13.73 on Friday. Escalade, Incorporated has a 12-month low of $11.42 and a 12-month high of $22.01. The company has a quick ratio of 1.63, a current ratio of 4.41 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $190.30 million, a price-to-earnings ratio of 19.34 and a beta of 1.21. The stock’s 50-day moving average price is $14.21 and its 200 day moving average price is $16.99.

Escalade Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 22nd. Investors of record on Monday, April 15th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.60 annualized dividend and a yield of 4.37%. Escalade’s dividend payout ratio is 84.51%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Escalade from a “hold” rating to a “buy” rating in a research note on Monday.

Escalade Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.