Janney Montgomery Scott LLC Acquires 1,369 Shares of Escalade, Incorporated (NASDAQ:ESCA)

Janney Montgomery Scott LLC boosted its holdings in shares of Escalade, Incorporated (NASDAQ:ESCAFree Report) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,614 shares of the company’s stock after purchasing an additional 1,369 shares during the quarter. Janney Montgomery Scott LLC owned about 0.17% of Escalade worth $474,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in Escalade during the 4th quarter valued at approximately $118,000. Victory Capital Management Inc. raised its stake in Escalade by 40.6% during the 4th quarter. Victory Capital Management Inc. now owns 7,037 shares of the company’s stock valued at $141,000 after purchasing an additional 2,033 shares during the period. Ritholtz Wealth Management raised its stake in Escalade by 13.8% during the 4th quarter. Ritholtz Wealth Management now owns 16,940 shares of the company’s stock valued at $340,000 after purchasing an additional 2,056 shares during the period. Finally, O Shaughnessy Asset Management LLC raised its stake in Escalade by 30.6% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 31,543 shares of the company’s stock valued at $483,000 after purchasing an additional 7,396 shares during the period. Institutional investors own 65.22% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Escalade from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st.

Check Out Our Latest Stock Report on Escalade

Escalade Stock Performance

NASDAQ ESCA opened at $13.51 on Wednesday. The stock has a market capitalization of $187.25 million, a PE ratio of 14.85 and a beta of 1.23. The business has a 50 day simple moving average of $13.46 and a two-hundred day simple moving average of $16.12. The company has a debt-to-equity ratio of 0.28, a current ratio of 4.44 and a quick ratio of 1.63. Escalade, Incorporated has a 1-year low of $12.08 and a 1-year high of $22.01.

Escalade (NASDAQ:ESCAGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $57.30 million during the quarter. Escalade had a return on equity of 7.74% and a net margin of 4.76%. On average, research analysts predict that Escalade, Incorporated will post 1.29 EPS for the current fiscal year.

Escalade Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 8th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.44%. The ex-dividend date of this dividend is Monday, July 8th. Escalade’s dividend payout ratio (DPR) is 65.93%.

Escalade Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Escalade (NASDAQ:ESCA)

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