Renaissance Technologies LLC Has $5.52 Million Holdings in Franklin Covey Co. (NYSE:FC)

Renaissance Technologies LLC lifted its stake in Franklin Covey Co. (NYSE:FC) by 7.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 146,903 shares of the business services provider’s stock after acquiring an additional 9,900 shares during the period. Renaissance Technologies LLC owned approximately 1.11% of Franklin Covey worth $5,521,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its position in Franklin Covey by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 92,692 shares of the business services provider’s stock worth $3,483,000 after purchasing an additional 539 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Franklin Covey by 2.4% in the fourth quarter. Bank of New York Mellon Corp now owns 35,317 shares of the business services provider’s stock valued at $1,327,000 after buying an additional 824 shares during the period. Wiser Advisor Group LLC grew its position in Franklin Covey by 100.2% during the fourth quarter. Wiser Advisor Group LLC now owns 1,812 shares of the business services provider’s stock worth $68,000 after buying an additional 907 shares in the last quarter. New York State Teachers Retirement System bought a new position in Franklin Covey during the fourth quarter valued at about $38,000. Finally, R Squared Ltd acquired a new position in Franklin Covey in the 4th quarter valued at approximately $57,000. Institutional investors own 69.88% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Barrington Research reissued an “outperform” rating and set a $35.00 price objective on shares of Franklin Covey in a report on Thursday, April 10th. StockNews.com lowered shares of Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Friday, April 11th.

Franklin Covey Stock Up 0.9 %

NYSE FC opened at $20.38 on Monday. Franklin Covey Co. has a 1-year low of $18.94 and a 1-year high of $44.46. The company has a market capitalization of $264.64 million, a price-to-earnings ratio of 13.86, a PEG ratio of 1.74 and a beta of 0.98. The stock’s 50 day moving average is $28.08 and its two-hundred day moving average is $34.12. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.03.

Franklin Covey (NYSE:FC) last announced its quarterly earnings results on Wednesday, April 2nd. The business services provider reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.03. Franklin Covey had a return on equity of 25.23% and a net margin of 6.85%. The business had revenue of $59.61 million for the quarter, compared to analyst estimates of $62.24 million. Equities analysts forecast that Franklin Covey Co. will post 0.97 earnings per share for the current fiscal year.

Franklin Covey Company Profile

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.