Yousif Capital Management LLC Sells 155 Shares of Columbia Sportswear (NASDAQ:COLM)

Yousif Capital Management LLC decreased its holdings in shares of Columbia Sportswear (NASDAQ:COLM) by 1.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 16,113 shares of the textile maker’s stock after selling 155 shares during the period. Yousif Capital Management LLC’s holdings in Columbia Sportswear were worth $1,282,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in COLM. Venturi Wealth Management LLC grew its stake in shares of Columbia Sportswear by 76.2% during the fourth quarter. Venturi Wealth Management LLC now owns 451 shares of the textile maker’s stock worth $36,000 after purchasing an additional 195 shares during the period. Fifth Third Bancorp boosted its holdings in Columbia Sportswear by 44.3% during the third quarter. Fifth Third Bancorp now owns 502 shares of the textile maker’s stock worth $37,000 after buying an additional 154 shares during the last quarter. Signaturefd LLC grew its position in shares of Columbia Sportswear by 125.7% during the 3rd quarter. Signaturefd LLC now owns 607 shares of the textile maker’s stock worth $45,000 after buying an additional 338 shares during the period. Quent Capital LLC increased its stake in shares of Columbia Sportswear by 79.6% in the 4th quarter. Quent Capital LLC now owns 616 shares of the textile maker’s stock valued at $49,000 after acquiring an additional 273 shares during the last quarter. Finally, Planned Solutions Inc. acquired a new stake in shares of Columbia Sportswear in the 4th quarter valued at approximately $53,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

Insiders Place Their Bets

In other news, Director Sabrina Simmons sold 523 shares of Columbia Sportswear stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of $81.70, for a total value of $42,729.10. Following the sale, the director now directly owns 6,483 shares in the company, valued at $529,661.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Ronald E. Nelson sold 5,768 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $82.05, for a total transaction of $473,264.40. Following the completion of the transaction, the director now directly owns 16,857 shares in the company, valued at approximately $1,383,116.85. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Sabrina Simmons sold 523 shares of the firm’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $81.70, for a total value of $42,729.10. Following the completion of the transaction, the director now owns 6,483 shares of the company’s stock, valued at approximately $529,661.10. The disclosure for this sale can be found here. Insiders sold a total of 15,901 shares of company stock valued at $1,269,159 in the last quarter. 43.00% of the stock is currently owned by insiders.

Columbia Sportswear Stock Down 0.6 %

Shares of COLM stock opened at $81.01 on Friday. Columbia Sportswear has a 12-month low of $66.01 and a 12-month high of $86.11. The firm has a fifty day moving average of $78.71 and a 200-day moving average of $78.29. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 19.76, a P/E/G ratio of 3.39 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last released its earnings results on Thursday, April 25th. The textile maker reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.36. Columbia Sportswear had a return on equity of 13.98% and a net margin of 7.20%. The firm had revenue of $769.98 million during the quarter, compared to analysts’ expectations of $740.62 million. During the same quarter in the prior year, the company earned $0.74 EPS. The company’s revenue was down 6.2% on a year-over-year basis. On average, equities analysts expect that Columbia Sportswear will post 3.83 EPS for the current year.

Columbia Sportswear Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, May 16th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.48%. The ex-dividend date is Wednesday, May 15th. Columbia Sportswear’s payout ratio is 29.27%.

Analyst Ratings Changes

A number of research analysts recently issued reports on COLM shares. UBS Group decreased their price objective on shares of Columbia Sportswear from $62.00 to $59.00 and set a “sell” rating for the company in a report on Friday, February 2nd. Stifel Nicolaus upped their price objective on shares of Columbia Sportswear from $75.00 to $84.00 and gave the company a “hold” rating in a research report on Friday, April 26th. Finally, StockNews.com downgraded Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $75.75.

Columbia Sportswear Company Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.