BidaskClub lowered shares of International Speedway (NASDAQ:ISCA) from a sell rating to a strong sell rating in a research note released on Saturday.

ISCA has been the topic of a number of other reports. Zacks Investment Research downgraded shares of International Speedway from a buy rating to a hold rating in a research note on Tuesday, December 19th. Citigroup reaffirmed a sell rating and issued a $31.00 price target (up from $30.00) on shares of International Speedway in a research note on Monday, October 9th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $38.50.

International Speedway (NASDAQ ISCA) traded up $0.50 during midday trading on Friday, hitting $39.60. 75,600 shares of the stock were exchanged, compared to its average volume of 106,840. International Speedway has a 1-year low of $32.25 and a 1-year high of $41.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.41 and a quick ratio of 2.41. The firm has a market capitalization of $1,730.00, a P/E ratio of 26.58, a PEG ratio of 5.78 and a beta of 1.14.

Several hedge funds and other institutional investors have recently bought and sold shares of ISCA. Paradice Investment Management LLC increased its position in International Speedway by 2.3% during the third quarter. Paradice Investment Management LLC now owns 1,940,306 shares of the company’s stock worth $69,851,000 after buying an additional 43,171 shares during the last quarter. Macquarie Group Ltd. increased its position in International Speedway by 7.2% during the third quarter. Macquarie Group Ltd. now owns 1,470,023 shares of the company’s stock worth $52,920,000 after buying an additional 98,504 shares during the last quarter. Northern Trust Corp increased its position in International Speedway by 19.3% during the second quarter. Northern Trust Corp now owns 1,067,642 shares of the company’s stock worth $40,090,000 after buying an additional 172,939 shares during the last quarter. State Street Corp increased its position in International Speedway by 3.2% during the second quarter. State Street Corp now owns 847,986 shares of the company’s stock worth $31,842,000 after buying an additional 26,184 shares during the last quarter. Finally, Lindsell Train Ltd increased its position in International Speedway by 14.2% during the third quarter. Lindsell Train Ltd now owns 723,400 shares of the company’s stock worth $26,042,000 after buying an additional 90,000 shares during the last quarter. 50.37% of the stock is currently owned by institutional investors and hedge funds.

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