Aperio Group LLC Has $7.42 Million Holdings in Big Lots, Inc. (BIG)
Aperio Group LLC grew its position in shares of Big Lots, Inc. (NYSE:BIG) by 54.4% during the fourth quarter, Holdings Channel reports. The fund owned 132,096 shares of the company’s stock after purchasing an additional 46,529 shares during the quarter. Aperio Group LLC’s holdings in Big Lots were worth $7,417,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Wells Fargo & Company MN boosted its holdings in Big Lots by 4.2% during the 3rd quarter. Wells Fargo & Company MN now owns 2,462,092 shares of the company’s stock worth $131,894,000 after acquiring an additional 98,203 shares during the last quarter. State Street Corp boosted its holdings in Big Lots by 1.8% during the 2nd quarter. State Street Corp now owns 1,640,504 shares of the company’s stock worth $79,233,000 after acquiring an additional 28,509 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Big Lots by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,458,840 shares of the company’s stock worth $78,150,000 after acquiring an additional 4,634 shares during the last quarter. Old Mutual Global Investors UK Ltd. boosted its holdings in Big Lots by 37.0% during the 3rd quarter. Old Mutual Global Investors UK Ltd. now owns 1,121,899 shares of the company’s stock worth $60,100,000 after acquiring an additional 303,207 shares during the last quarter. Finally, APG Asset Management N.V. boosted its holdings in Big Lots by 160.7% during the 4th quarter. APG Asset Management N.V. now owns 560,800 shares of the company’s stock worth $26,223,000 after acquiring an additional 345,700 shares during the last quarter.
In related news, insider Timothy A. Johnson sold 20,000 shares of the business’s stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $55.00, for a total value of $1,100,000.00. Following the sale, the insider now directly owns 65,649 shares in the company, valued at approximately $3,610,695. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jeffrey Paul Berger sold 6,000 shares of the business’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $58.00, for a total value of $348,000.00. Following the completion of the sale, the director now owns 7,566 shares in the company, valued at $438,828. The disclosure for this sale can be found here. Insiders own 1.70% of the company’s stock.
Shares of Big Lots, Inc. (NYSE BIG) opened at $57.21 on Monday. The company has a market capitalization of $2,400.00, a price-to-earnings ratio of 14.59, a PEG ratio of 0.86 and a beta of 0.95. Big Lots, Inc. has a 52 week low of $45.10 and a 52 week high of $64.42. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.24 and a current ratio of 1.66.
Big Lots (NYSE:BIG) last released its earnings results on Friday, December 1st. The company reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.02. The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Big Lots had a return on equity of 30.17% and a net margin of 3.36%. The business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.04 EPS. research analysts predict that Big Lots, Inc. will post 4.29 earnings per share for the current fiscal year.
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About Big Lots
Big Lots, Inc is a non-traditional, discount retailer operating in the United States. As of January 28, 2017, the Company operated a total of 1,432 stores. The Company operates through the discount retailing segment. As of January 28, 2017, the Company’s stores are located at various states of the United States, such as Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Maine, Michigan, Montana, Nevada, Nebraska, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, South Carolina, Texas, Utah and Washington.
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