Texas Permanent School Fund decreased its holdings in Dicks Sporting Goods Inc (NYSE:DKS) by 9.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,898 shares of the sporting goods retailer’s stock after selling 5,904 shares during the period. Texas Permanent School Fund’s holdings in Dicks Sporting Goods were worth $1,607,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Smith Graham & Co. Investment Advisors LP increased its stake in shares of Dicks Sporting Goods by 34.6% during the fourth quarter. Smith Graham & Co. Investment Advisors LP now owns 208,390 shares of the sporting goods retailer’s stock worth $5,989,000 after purchasing an additional 53,550 shares during the period. Phoenix Investment Adviser LLC bought a new position in shares of Dicks Sporting Goods during the fourth quarter worth approximately $598,000. Personal Capital Advisors Corp increased its stake in shares of Dicks Sporting Goods by 46.3% during the fourth quarter. Personal Capital Advisors Corp now owns 150,722 shares of the sporting goods retailer’s stock worth $4,332,000 after purchasing an additional 47,665 shares during the period. State of Alaska Department of Revenue bought a new position in shares of Dicks Sporting Goods during the fourth quarter worth approximately $188,000. Finally, Fox Run Management L.L.C. increased its stake in shares of Dicks Sporting Goods by 203.5% during the fourth quarter. Fox Run Management L.L.C. now owns 58,274 shares of the sporting goods retailer’s stock worth $1,675,000 after purchasing an additional 39,074 shares during the period. Hedge funds and other institutional investors own 73.66% of the company’s stock.

A number of brokerages have recently weighed in on DKS. ValuEngine lowered Dicks Sporting Goods from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Zacks Investment Research upgraded Dicks Sporting Goods from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research note on Wednesday, January 31st. BMO Capital Markets set a $40.00 target price on Dicks Sporting Goods and gave the stock a “buy” rating in a research note on Thursday, January 11th. Barclays lowered Dicks Sporting Goods from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $33.00 to $25.00 in a research note on Monday, February 5th. Finally, Buckingham Research upgraded Dicks Sporting Goods from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 17th. Three investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and fourteen have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $33.88.

Dicks Sporting Goods Inc (NYSE DKS) opened at $31.48 on Friday. Dicks Sporting Goods Inc has a 52 week low of $23.88 and a 52 week high of $53.75. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.25 and a current ratio of 1.61. The company has a market capitalization of $3,383.20, a price-to-earnings ratio of 10.10, a price-to-earnings-growth ratio of 1.84 and a beta of 0.61.

Dicks Sporting Goods (NYSE:DKS) last issued its earnings results on Tuesday, November 14th. The sporting goods retailer reported $0.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.04. The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.90 billion. Dicks Sporting Goods had a return on equity of 17.95% and a net margin of 3.54%. The company’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.48 EPS. equities analysts forecast that Dicks Sporting Goods Inc will post 2.99 earnings per share for the current year.

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Dicks Sporting Goods Profile

Dick’s Sporting Goods, Inc is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores primarily in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, and Dick’s Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile applications for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships.

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Institutional Ownership by Quarter for Dicks Sporting Goods (NYSE:DKS)

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