National Planning Corp acquired a new stake in shares of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) during the second quarter, Holdings Channel reports. The institutional investor acquired 20,025 shares of the company’s stock, valued at approximately $267,000.

Several other hedge funds have also recently made changes to their positions in BGFV. Dimensional Fund Advisors LP boosted its position in Big 5 Sporting Goods Corporation by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,855,341 shares of the company’s stock valued at $28,016,000 after buying an additional 4,736 shares during the last quarter. LSV Asset Management boosted its position in Big 5 Sporting Goods Corporation by 6.1% in the first quarter. LSV Asset Management now owns 1,114,233 shares of the company’s stock valued at $16,824,000 after buying an additional 63,812 shares during the last quarter. Vanguard Group Inc. boosted its position in Big 5 Sporting Goods Corporation by 12.2% in the first quarter. Vanguard Group Inc. now owns 1,011,123 shares of the company’s stock valued at $15,268,000 after buying an additional 110,184 shares during the last quarter. Acadian Asset Management LLC boosted its position in Big 5 Sporting Goods Corporation by 3.5% in the first quarter. Acadian Asset Management LLC now owns 762,586 shares of the company’s stock valued at $11,515,000 after buying an additional 25,606 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its position in Big 5 Sporting Goods Corporation by 30.0% in the first quarter. Principal Financial Group Inc. now owns 661,535 shares of the company’s stock valued at $9,989,000 after buying an additional 152,667 shares during the last quarter.

Big 5 Sporting Goods Corporation (NASDAQ BGFV) opened at 8.25 on Wednesday. The stock has a market capitalization of $179.40 million, a PE ratio of 7.58 and a beta of -0.09. Big 5 Sporting Goods Corporation has a 52 week low of $8.20 and a 52 week high of $20.35. The firm has a 50 day moving average of $11.13 and a 200-day moving average of $13.74.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last posted its quarterly earnings data on Tuesday, August 1st. The company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.06. The company had revenue of $243.67 million for the quarter, compared to analyst estimates of $251.03 million. Big 5 Sporting Goods Corporation had a return on equity of 11.86% and a net margin of 2.30%. The business’s revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.11 earnings per share. On average, equities analysts predict that Big 5 Sporting Goods Corporation will post $0.93 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date is Wednesday, August 30th. Big 5 Sporting Goods Corporation’s dividend payout ratio is presently 54.55%.

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Several research firms recently weighed in on BGFV. Deutsche Bank AG reaffirmed a “buy” rating and set a $20.00 target price (up from $18.00) on shares of Big 5 Sporting Goods Corporation in a research note on Wednesday, May 3rd. Zacks Investment Research cut shares of Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Forward View set a $14.00 target price on shares of Big 5 Sporting Goods Corporation and gave the company a “hold” rating in a research note on Sunday, May 28th. BidaskClub cut shares of Big 5 Sporting Goods Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 8th. Finally, ValuEngine cut shares of Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 1st. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $12.67.

In other Big 5 Sporting Goods Corporation news, Director Van B. Honeycutt sold 12,000 shares of the company’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $13.83, for a total transaction of $165,960.00. Following the completion of the transaction, the director now directly owns 14,400 shares in the company, valued at $199,152. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 15,095 shares of company stock valued at $207,972 over the last 90 days. 7.90% of the stock is currently owned by company insiders.

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.

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

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