JPMorgan Chase & Co. Has $473,000 Position in Franklin Covey Co. (NYSE:FC)

JPMorgan Chase & Co. boosted its position in shares of Franklin Covey Co. (NYSE:FCFree Report) by 105.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,490 shares of the business services provider’s stock after acquiring an additional 5,889 shares during the period. JPMorgan Chase & Co. owned approximately 0.09% of Franklin Covey worth $473,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. lifted its stake in Franklin Covey by 11.5% during the second quarter. American Century Companies Inc. now owns 21,781 shares of the business services provider’s stock worth $828,000 after purchasing an additional 2,253 shares during the period. Sei Investments Co. raised its holdings in shares of Franklin Covey by 5.3% in the 2nd quarter. Sei Investments Co. now owns 55,674 shares of the business services provider’s stock worth $2,116,000 after buying an additional 2,811 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Franklin Covey in the 2nd quarter valued at $226,000. AQR Capital Management LLC boosted its stake in Franklin Covey by 36.4% in the 2nd quarter. AQR Capital Management LLC now owns 39,816 shares of the business services provider’s stock valued at $1,513,000 after buying an additional 10,621 shares in the last quarter. Finally, Millennium Management LLC raised its stake in Franklin Covey by 13.5% during the second quarter. Millennium Management LLC now owns 150,223 shares of the business services provider’s stock worth $5,708,000 after acquiring an additional 17,909 shares in the last quarter. Institutional investors and hedge funds own 69.88% of the company’s stock.

Franklin Covey Stock Up 3.5 %

NYSE FC opened at $36.25 on Wednesday. The stock has a market capitalization of $478.49 million, a P/E ratio of 24.66, a price-to-earnings-growth ratio of 1.76 and a beta of 1.21. Franklin Covey Co. has a 52 week low of $28.99 and a 52 week high of $44.46. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.94 and a current ratio of 0.97. The stock has a fifty day moving average of $35.78 and a 200-day moving average of $38.56.

Franklin Covey (NYSE:FCGet Free Report) last announced its quarterly earnings data on Wednesday, January 8th. The business services provider reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.13). Franklin Covey had a return on equity of 25.23% and a net margin of 6.85%. On average, equities research analysts forecast that Franklin Covey Co. will post 0.97 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. StockNews.com downgraded Franklin Covey from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 13th. Barrington Research reaffirmed an “outperform” rating and issued a $45.00 price target on shares of Franklin Covey in a report on Thursday, November 7th.

View Our Latest Research Report on FC

About Franklin Covey

(Free Report)

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.

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Institutional Ownership by Quarter for Franklin Covey (NYSE:FC)

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