Amundi decreased its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT – Free Report) by 6.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,248 shares of the company’s stock after selling 1,742 shares during the quarter. Amundi owned 0.09% of Boot Barn worth $2,566,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new position in Boot Barn during the first quarter worth about $29,000. Golden State Wealth Management LLC raised its stake in Boot Barn by 263.6% during the first quarter. Golden State Wealth Management LLC now owns 280 shares of the company’s stock worth $30,000 after acquiring an additional 203 shares in the last quarter. Versant Capital Management Inc raised its stake in Boot Barn by 210.8% during the first quarter. Versant Capital Management Inc now owns 317 shares of the company’s stock worth $34,000 after acquiring an additional 215 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Boot Barn during the first quarter worth about $44,000. Finally, Bayforest Capital Ltd acquired a new position in Boot Barn during the first quarter worth about $48,000.
Boot Barn Price Performance
NYSE:BOOT opened at $188.38 on Friday. The business has a 50 day moving average of $172.75 and a 200 day moving average of $142.79. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of 29.71, a PEG ratio of 1.86 and a beta of 1.62. Boot Barn Holdings, Inc. has a 1-year low of $86.17 and a 1-year high of $191.31.
Wall Street Analyst Weigh In
Several research analysts have commented on the company. UBS Group boosted their target price on Boot Barn from $156.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, May 15th. JPMorgan Chase & Co. boosted their price target on Boot Barn from $207.00 to $247.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. Robert W. Baird boosted their price target on Boot Barn from $140.00 to $180.00 and gave the stock an “outperform” rating in a report on Thursday, May 15th. KeyCorp boosted their price target on Boot Barn from $195.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Bank of America boosted their price target on Boot Barn from $160.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $182.54.
Read Our Latest Stock Analysis on Boot Barn
Boot Barn Profile
Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.
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