Creative Planning Takes Position in Franklin Covey Co. (NYSE:FC)

Creative Planning purchased a new stake in Franklin Covey Co. (NYSE:FC) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,309 shares of the business services provider’s stock, valued at approximately $301,000. Creative Planning owned about 0.06% of Franklin Covey as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Hancock Whitney Corp lifted its stake in shares of Franklin Covey by 6.2% in the 1st quarter. Hancock Whitney Corp now owns 6,670 shares of the business services provider’s stock valued at $262,000 after purchasing an additional 390 shares during the last quarter. Bailard Inc. lifted its stake in Franklin Covey by 4.4% during the 2nd quarter. Bailard Inc. now owns 11,942 shares of the business services provider’s stock worth $454,000 after acquiring an additional 500 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Franklin Covey during the 1st quarter worth about $59,000. O Keefe Stevens Advisory Inc. lifted its stake in Franklin Covey by 30.6% during the 3rd quarter. O Keefe Stevens Advisory Inc. now owns 6,954 shares of the business services provider’s stock worth $286,000 after acquiring an additional 1,629 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in Franklin Covey by 11.5% during the 2nd quarter. American Century Companies Inc. now owns 21,781 shares of the business services provider’s stock worth $828,000 after acquiring an additional 2,253 shares in the last quarter. Institutional investors and hedge funds own 69.88% of the company’s stock.

Franklin Covey Price Performance

FC stock opened at $39.02 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.85. The firm has a market capitalization of $510.77 million, a P/E ratio of 29.12, a P/E/G ratio of 0.95 and a beta of 1.24. The business’s 50-day moving average is $40.28 and its two-hundred day moving average is $39.13. Franklin Covey Co. has a 1 year low of $33.75 and a 1 year high of $44.96.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Barrington Research reissued an “outperform” rating and set a $45.00 target price on shares of Franklin Covey in a research note on Thursday. StockNews.com lowered Franklin Covey from a “strong-buy” rating to a “buy” rating in a research note on Thursday.

About Franklin Covey

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.