Jane Street Group LLC Increases Holdings in Franklin Covey Co. (NYSE:FC)

Jane Street Group LLC increased its stake in shares of Franklin Covey Co. (NYSE:FC) by 200.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,673 shares of the business services provider’s stock after purchasing an additional 15,115 shares during the period. Jane Street Group LLC owned 0.17% of Franklin Covey worth $852,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of FC. New York State Teachers Retirement System acquired a new position in shares of Franklin Covey during the 4th quarter worth approximately $38,000. Aquatic Capital Management LLC acquired a new position in shares of Franklin Covey during the 4th quarter worth approximately $56,000. R Squared Ltd acquired a new position in shares of Franklin Covey during the 4th quarter worth approximately $57,000. Wiser Advisor Group LLC raised its holdings in Franklin Covey by 100.2% in the 4th quarter. Wiser Advisor Group LLC now owns 1,812 shares of the business services provider’s stock valued at $68,000 after acquiring an additional 907 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in Franklin Covey by 509.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,156 shares of the business services provider’s stock valued at $81,000 after acquiring an additional 1,802 shares during the last quarter. 69.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on FC. Barrington Research reiterated an “outperform” rating and issued a $35.00 price target on shares of Franklin Covey in a report on Thursday, April 10th. Wall Street Zen downgraded Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Friday, April 11th.

Franklin Covey Trading Down 1.5%

Shares of FC opened at $22.89 on Friday. The stock has a fifty day moving average of $22.76 and a two-hundred day moving average of $30.99. 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 company has a market capitalization of $297.31 million, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.74 and a beta of 0.83. Franklin Covey Co. has a fifty-two week low of $18.94 and a fifty-two week high of $44.46.

Franklin Covey (NYSE:FC) last released its quarterly earnings data on Wednesday, April 2nd. The business services provider reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.03. The business had revenue of $59.61 million during the quarter, compared to the consensus estimate of $62.24 million. Franklin Covey had a return on equity of 25.23% and a net margin of 6.85%. As a group, analysts forecast that Franklin Covey Co. will post 0.97 EPS for the current 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.