LaSalle Street Capital Management LLC raised its stake in shares of Big Lots, Inc. (NYSE:BIG) by 45.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,730 shares of the company’s stock after purchasing an additional 4,301 shares during the period. LaSalle Street Capital Management LLC’s holdings in Big Lots were worth $736,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the business. Alps Advisors Inc. raised its position in Big Lots by 0.3% during the second quarter. Alps Advisors Inc. now owns 9,834 shares of the company’s stock valued at $475,000 after purchasing an additional 25 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Big Lots by 0.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,536 shares of the company’s stock valued at $316,000 after purchasing an additional 27 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Big Lots by 1.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,945 shares of the company’s stock worth $191,000 after buying an additional 68 shares during the period. State Board of Administration of Florida Retirement System raised its holdings in shares of Big Lots by 0.4% in the second quarter. State Board of Administration of Florida Retirement System now owns 27,722 shares of the company’s stock worth $1,339,000 after buying an additional 109 shares during the period. Finally, Suntrust Banks Inc. raised its holdings in shares of Big Lots by 2.4% in the second quarter. Suntrust Banks Inc. now owns 8,127 shares of the company’s stock worth $391,000 after buying an additional 190 shares during the period.

In other Big Lots news, insider Ronald A. Robins, Jr. sold 1,000 shares of the stock in a transaction on Monday, September 25th. The stock was sold at an average price of $51.00, for a total transaction of $51,000.00. Following the sale, the insider now owns 7,925 shares of the company’s stock, valued at approximately $404,175. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael Allen Schlonsky sold 2,602 shares of the stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $48.00, for a total value of $124,896.00. Following the sale, the insider now directly owns 34,706 shares in the company, valued at approximately $1,665,888. The disclosure for this sale can be found here. Insiders have sold a total of 100,542 shares of company stock worth $5,313,716 over the last 90 days. 1.70% of the stock is currently owned by company insiders.

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Big Lots, Inc. (NYSE:BIG) traded up $1.19 on Friday, reaching $55.05. The company’s stock had a trading volume of 1,070,000 shares, compared to its average volume of 684,990. The stock has a market cap of $2,336.98, a P/E ratio of 13.36, a P/E/G ratio of 0.97 and a beta of 0.95. Big Lots, Inc. has a one year low of $45.10 and a one year high of $56.54. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.62 and a quick ratio of 0.27.

Big Lots (NYSE:BIG) last released its quarterly earnings data on Friday, August 25th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.62 by $0.05. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.21 billion. Big Lots had a return on equity of 30.32% and a net margin of 3.31%. Big Lots’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the business posted $0.52 EPS. equities analysts anticipate that Big Lots, Inc. will post 4.22 EPS for the current year.

Several brokerages have recently weighed in on BIG. KeyCorp reiterated a “buy” rating and issued a $58.00 price target on shares of Big Lots in a report on Friday, November 10th. Zacks Investment Research upgraded Big Lots from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a report on Tuesday, October 10th. Piper Jaffray Companies set a $52.00 price target on Big Lots and gave the stock a “hold” rating in a report on Sunday, October 1st. Morgan Stanley began coverage on Big Lots in a report on Monday, September 25th. They issued an “overweight” rating and a $58.00 price target on the stock. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Big Lots in a report on Wednesday, September 20th. Four investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $57.85.

Big Lots Profile

Big Lots, Inc is a non-traditional, discount retailer operating in the United States. As of January 28, 2017, the Company operated a total of 1,432 stores. The Company operates through the discount retailing segment. As of January 28, 2017, the Company’s stores are located at various states of the United States, such as Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Maine, Michigan, Montana, Nevada, Nebraska, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, South Carolina, Texas, Utah and Washington.

Institutional Ownership by Quarter for Big Lots (NYSE:BIG)

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