Public Employees Retirement System of Ohio lifted its stake in shares of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) by 65.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,238 shares of the company’s stock after purchasing an additional 11,563 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.13% of Big 5 Sporting Goods Corporation worth $382,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. BNP Paribas Arbitrage SA grew its stake in shares of Big 5 Sporting Goods Corporation by 45.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,954 shares of the company’s stock worth $104,000 after purchasing an additional 2,482 shares during the period. Alliancebernstein L.P. acquired a new stake in Big 5 Sporting Goods Corporation in the 2nd quarter valued at about $133,000. Fox Run Management L.L.C. acquired a new stake in Big 5 Sporting Goods Corporation in the 2nd quarter valued at about $147,000. Atria Investments LLC acquired a new stake in Big 5 Sporting Goods Corporation in the 2nd quarter valued at about $164,000. Finally, Texas Permanent School Fund grew its stake in Big 5 Sporting Goods Corporation by 1.4% in the 2nd quarter. Texas Permanent School Fund now owns 13,102 shares of the company’s stock valued at $171,000 after acquiring an additional 185 shares during the last quarter.

A number of equities research analysts recently commented on BGFV shares. ValuEngine raised shares of Big 5 Sporting Goods Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, October 5th. TheStreet cut shares of Big 5 Sporting Goods Corporation from a “b-” rating to a “c” rating in a research note on Wednesday, August 9th. Zacks Investment Research raised shares of Big 5 Sporting Goods Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Forward View reaffirmed a “hold” rating and set a $8.00 price target on shares of Big 5 Sporting Goods Corporation in a research note on Sunday, September 3rd. Finally, Deutsche Bank AG cut shares of Big 5 Sporting Goods Corporation from a “buy” rating to a “hold” rating and decreased their price target for the stock from $20.00 to $10.00 in a research note on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $9.00.

Shares of Big 5 Sporting Goods Corporation (NASDAQ BGFV) opened at $6.55 on Tuesday. Big 5 Sporting Goods Corporation has a 12 month low of $6.00 and a 12 month high of $20.35. The stock has a market cap of $139.27, a PE ratio of 6.63 and a beta of -0.24. The company has a current ratio of 2.07, a quick ratio of 0.16 and a debt-to-equity ratio of 0.24.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $0.28 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.28. The business had revenue of $270.47 million for the quarter, compared to analyst estimates of $272.27 million. Big 5 Sporting Goods Corporation had a net margin of 2.11% and a return on equity of 10.37%. The company’s revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.38 EPS. sell-side analysts predict that Big 5 Sporting Goods Corporation will post 0.88 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.60 annualized dividend and a dividend yield of 9.16%. Big 5 Sporting Goods Corporation’s payout ratio is currently 60.00%.

In related news, Director Van B. Honeycutt acquired 48,000 shares of the business’s stock in a transaction dated Friday, August 18th. The shares were acquired at an average cost of $7.71 per share, for a total transaction of $370,080.00. Following the acquisition, the director now directly owns 18,600 shares in the company, valued at approximately $143,406. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 7.90% of the company’s stock.

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About Big 5 Sporting Goods Corporation

Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The Company offers a range of products in a sporting goods store format. The Company also offers products online through its e-commerce platform. The Company’s product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports.

Institutional Ownership by Quarter for Big 5 Sporting Goods Corporation (NASDAQ:BGFV)

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