1,209 Shares in DICK’S Sporting Goods, Inc. (NYSE:DKS) Acquired by Advisory Services Network LLC

Advisory Services Network LLC purchased a new position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKSFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,209 shares of the sporting goods retailer’s stock, valued at approximately $178,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in DICK’S Sporting Goods by 280.0% during the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 190 shares of the sporting goods retailer’s stock worth $28,000 after acquiring an additional 140 shares in the last quarter. Blue Trust Inc. lifted its position in DICK’S Sporting Goods by 236.8% during the 4th quarter. Blue Trust Inc. now owns 293 shares of the sporting goods retailer’s stock worth $43,000 after acquiring an additional 206 shares in the last quarter. Capital Analysts LLC lifted its position in DICK’S Sporting Goods by 132.5% during the 4th quarter. Capital Analysts LLC now owns 451 shares of the sporting goods retailer’s stock worth $66,000 after acquiring an additional 257 shares in the last quarter. Allworth Financial LP lifted its position in DICK’S Sporting Goods by 2,505.3% during the 4th quarter. Allworth Financial LP now owns 495 shares of the sporting goods retailer’s stock worth $73,000 after acquiring an additional 476 shares in the last quarter. Finally, Banque Cantonale Vaudoise acquired a new position in DICK’S Sporting Goods during the 3rd quarter worth approximately $89,000. 89.83% of the stock is owned by institutional investors and hedge funds.

DICK’S Sporting Goods Price Performance

Shares of DKS opened at $212.24 on Friday. The company has a market cap of $17.50 billion, a P/E ratio of 17.57, a PEG ratio of 2.60 and a beta of 1.62. The stock has a fifty day moving average price of $203.99 and a 200 day moving average price of $174.88. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.71 and a quick ratio of 0.65. DICK’S Sporting Goods, Inc. has a 12 month low of $100.98 and a 12 month high of $229.56.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last issued its quarterly earnings data on Wednesday, May 29th. The sporting goods retailer reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.36. The firm had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.94 billion. DICK’S Sporting Goods had a return on equity of 41.80% and a net margin of 7.73%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business earned $3.40 EPS. On average, research analysts forecast that DICK’S Sporting Goods, Inc. will post 13.76 earnings per share for the current year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $1.10 per share. The ex-dividend date is Thursday, June 13th. This represents a $4.40 dividend on an annualized basis and a yield of 2.07%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 36.42%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $245.00 target price on shares of DICK’S Sporting Goods in a research report on Wednesday, May 29th. The Goldman Sachs Group upped their target price on DICK’S Sporting Goods from $157.00 to $247.00 and gave the company a “buy” rating in a research report on Friday, March 15th. Citigroup upped their target price on DICK’S Sporting Goods from $220.00 to $230.00 and gave the company a “neutral” rating in a research report on Thursday, May 30th. Loop Capital upped their target price on DICK’S Sporting Goods from $150.00 to $220.00 and gave the company a “hold” rating in a research report on Monday, March 18th. Finally, Robert W. Baird upped their target price on DICK’S Sporting Goods from $225.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, May 30th. Eleven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, DICK’S Sporting Goods has a consensus rating of “Moderate Buy” and a consensus target price of $237.09.

Get Our Latest Stock Report on DICK’S Sporting Goods

Insiders Place Their Bets

In other DICK’S Sporting Goods news, major shareholder William Colombo Trustee U/A Dt purchased 40,000 shares of DICK’S Sporting Goods stock in a transaction on Friday, March 15th. The stock was bought at an average price of $213.93 per share, for a total transaction of $8,557,200.00. Following the transaction, the insider now owns 8,818,615 shares of the company’s stock, valued at approximately $1,886,566,306.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other DICK’S Sporting Goods news, major shareholder William Colombo Trustee U/A Dt purchased 40,000 shares of DICK’S Sporting Goods stock in a transaction on Friday, March 15th. The stock was bought at an average price of $213.93 per share, for a total transaction of $8,557,200.00. Following the transaction, the insider now owns 8,818,615 shares of the company’s stock, valued at approximately $1,886,566,306.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Julie Lodge-Jarrett sold 4,910 shares of the company’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $222.02, for a total value of $1,090,118.20. Following the completion of the sale, the executive vice president now owns 16,504 shares of the company’s stock, valued at approximately $3,664,218.08. The disclosure for this sale can be found here. In the last quarter, insiders sold 214,673 shares of company stock worth $47,573,557. 32.03% of the stock is owned by company insiders.

DICK’S Sporting Goods Company Profile

(Free Report)

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.

Further Reading

Institutional Ownership by Quarter for DICK'S Sporting Goods (NYSE:DKS)

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