Nisa Investment Advisors LLC continued to hold its position in shares of Cabela’s Inc. (NYSE:CAB) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,800 shares of the company’s stock at the end of the second quarter. Nisa Investment Advisors LLC’s holdings in Cabela’s were worth $591,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the company. Elliott Management Corp raised its position in shares of Cabela’s by 45.2% in the first quarter. Elliott Management Corp now owns 6,046,496 shares of the company’s stock valued at $294,404,000 after buying an additional 1,881,496 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of Cabela’s during the first quarter valued at $629,000. Motley Fool Wealth Management LLC raised its position in shares of Cabela’s by 10.0% in the first quarter. Motley Fool Wealth Management LLC now owns 84,136 shares of the company’s stock valued at $4,097,000 after buying an additional 7,640 shares in the last quarter. M&T Bank Corp raised its position in shares of Cabela’s by 1.4% in the first quarter. M&T Bank Corp now owns 14,723 shares of the company’s stock valued at $716,000 after buying an additional 206 shares in the last quarter. Finally, BlackRock Group LTD raised its position in shares of Cabela’s by 9.0% in the first quarter. BlackRock Group LTD now owns 135,553 shares of the company’s stock valued at $6,600,000 after buying an additional 11,155 shares in the last quarter. Institutional investors own 71.56% of the company’s stock.

Cabela’s Inc. (NYSE:CAB) traded down 0.08% on Friday, reaching $48.87. 731,300 shares of the company were exchanged. The company’s 50-day moving average price is $50.41 and its 200-day moving average price is $49.97. The stock has a market capitalization of $3.35 billion, a P/E ratio of 18.53 and a beta of 1.07. Cabela’s Inc. has a 12-month low of $33.03 and a 12-month high of $54.84.

Cabela’s (NYSE:CAB) last posted its earnings results on Thursday, July 28th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.62 by $0.03. Cabela’s had a return on equity of 11.16% and a net margin of 4.44%. The business had revenue of $929.90 million for the quarter, compared to analyst estimates of $905.42 million. During the same quarter in the prior year, the business earned $0.56 earnings per share. The firm’s quarterly revenue was up 11.2% on a year-over-year basis. Equities research analysts anticipate that Cabela’s Inc. will post $3.17 earnings per share for the current fiscal year.

Several brokerages recently weighed in on CAB. Credit Suisse Group AG restated a “hold” rating and issued a $38.00 price objective on shares of Cabela’s in a report on Tuesday, July 26th. MKM Partners restated a “buy” rating and issued a $56.00 price objective on shares of Cabela’s in a report on Tuesday, July 26th. Zacks Investment Research upgraded shares of Cabela’s from a “hold” rating to a “buy” rating and set a $59.00 price objective on the stock in a report on Tuesday, July 19th. Vetr lowered shares of Cabela’s from a “strong-buy” rating to a “buy” rating and set a $57.40 price objective on the stock. in a report on Thursday, June 2nd. Finally, TheStreet lowered shares of Cabela’s from a “buy” rating to a “hold” rating in a report on Monday, May 23rd. Fourteen equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $47.89.

Cabela’s Company Profile

Cabela’s Incorporated is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor merchandise. The Company offers national and regional brand products, including its Cabela’s brand. The Company’s segments include Retail, Direct, Financial Services, and Corporate Overhead and Other.

5 Day Chart for NYSE:CAB

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