JPMorgan Chase & Co. boosted its position in shares of International Speedway Corp (NASDAQ:ISCA) by 38.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 80,045 shares of the company’s stock after purchasing an additional 22,328 shares during the quarter. JPMorgan Chase & Co. owned about 0.18% of International Speedway worth $2,874,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Virginia Retirement Systems ET AL lifted its stake in International Speedway by 21.4% during the 3rd quarter. Virginia Retirement Systems ET AL now owns 52,200 shares of the company’s stock valued at $1,879,000 after acquiring an additional 9,200 shares during the period. American International Group Inc. lifted its stake in International Speedway by 1.9% during the 3rd quarter. American International Group Inc. now owns 67,835 shares of the company’s stock valued at $2,442,000 after acquiring an additional 1,272 shares during the period. Macquarie Group Ltd. lifted its stake in International Speedway by 7.2% during the 3rd quarter. Macquarie Group Ltd. now owns 1,470,023 shares of the company’s stock valued at $52,920,000 after acquiring an additional 98,504 shares during the period. Russell Investments Group Ltd. lifted its stake in International Speedway by 73.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 17,594 shares of the company’s stock valued at $634,000 after acquiring an additional 7,469 shares during the period. Finally, IndexIQ Advisors LLC lifted its stake in International Speedway by 83.3% during the 3rd quarter. IndexIQ Advisors LLC now owns 23,459 shares of the company’s stock valued at $845,000 after acquiring an additional 10,658 shares during the period. Institutional investors and hedge funds own 50.37% of the company’s stock.

International Speedway Corp (NASDAQ ISCA) opened at $39.10 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.41 and a current ratio of 2.41. The stock has a market cap of $1,758.68, a PE ratio of 26.24, a price-to-earnings-growth ratio of 5.89 and a beta of 1.14. International Speedway Corp has a one year low of $32.25 and a one year high of $41.95.

International Speedway (NASDAQ:ISCA) last posted its earnings results on Thursday, October 5th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.03. International Speedway had a net margin of 10.07% and a return on equity of 5.05%. The business had revenue of $131.90 million for the quarter, compared to analysts’ expectations of $128.82 million. During the same quarter in the prior year, the business earned $0.03 EPS. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. equities research analysts forecast that International Speedway Corp will post 1.59 earnings per share for the current fiscal year.

ISCA has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of International Speedway from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. Citigroup restated a “sell” rating and set a $31.00 target price (up previously from $30.00) on shares of International Speedway in a research note on Monday, October 9th. Finally, BidaskClub cut shares of International Speedway from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $38.50.

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International Speedway Company Profile

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Institutional Ownership by Quarter for International Speedway (NASDAQ:ISCA)

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