Great West Life Assurance Co. Can purchased a new stake in shares of Boot Barn Holdings Inc (NYSE:BOOT) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,517 shares of the company’s stock, valued at approximately $41,000.

Several other institutional investors have also recently made changes to their positions in BOOT. NumerixS Investment Technologies Inc purchased a new position in shares of Boot Barn during the fourth quarter valued at $46,000. PNC Financial Services Group Inc. boosted its position in Boot Barn by 106.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,541 shares of the company’s stock valued at $60,000 after purchasing an additional 1,827 shares in the last quarter. Sterling Investment Advisors Ltd. boosted its position in Boot Barn by 33.3% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 4,000 shares of the company’s stock valued at $68,000 after purchasing an additional 1,000 shares in the last quarter. Legal & General Group Plc boosted its position in Boot Barn by 38.5% during the third quarter. Legal & General Group Plc now owns 4,690 shares of the company’s stock valued at $134,000 after purchasing an additional 1,303 shares in the last quarter. Finally, WINTON GROUP Ltd boosted its position in Boot Barn by 24.7% during the fourth quarter. WINTON GROUP Ltd now owns 11,157 shares of the company’s stock valued at $190,000 after purchasing an additional 2,213 shares in the last quarter.

Shares of BOOT stock opened at $30.12 on Wednesday. Boot Barn Holdings Inc has a 1-year low of $15.01 and a 1-year high of $32.21. The stock has a market cap of $878.23 million, a P/E ratio of 43.03, a P/E/G ratio of 0.99 and a beta of 2.31. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.40 and a current ratio of 1.62.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings results on Tuesday, February 5th. The company reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. The business had revenue of $254.00 million during the quarter, compared to the consensus estimate of $254.55 million. Boot Barn had a return on equity of 13.54% and a net margin of 4.93%. The company’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the company earned $0.46 earnings per share. On average, equities analysts anticipate that Boot Barn Holdings Inc will post 1.2 earnings per share for the current fiscal year.

BOOT has been the topic of a number of recent research reports. Pivotal Research reaffirmed a “buy” rating and set a $25.00 price objective on shares of Boot Barn in a research report on Wednesday, January 30th. ValuEngine downgraded Boot Barn from a “hold” rating to a “sell” rating in a research report on Wednesday, December 12th. Wells Fargo & Co dropped their price objective on Boot Barn from $29.00 to $19.00 and set a “market perform” rating on the stock in a research report on Wednesday, January 2nd. Zacks Investment Research raised Boot Barn from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research report on Tuesday. Finally, Sidoti initiated coverage on Boot Barn in a research report on Thursday, March 14th. They set a “buy” rating on the stock. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. Boot Barn presently has a consensus rating of “Buy” and a consensus target price of $28.22.

In other Boot Barn news, Director Brenda I. Morris sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $28.04, for a total value of $196,280.00. Following the completion of the sale, the director now owns 17,724 shares of the company’s stock, valued at $496,980.96. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 2.00% of the stock is currently owned by company insiders.

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Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.

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Institutional Ownership by Quarter for Boot Barn (NYSE:BOOT)

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