Russell Investments Group Ltd. grew its holdings in Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) by 4.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 516,600 shares of the company’s stock after acquiring an additional 21,800 shares during the quarter. Russell Investments Group Ltd. owned 1.20% of Sportsman’s Warehouse worth $2,645,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. A.R.T. Advisors LLC bought a new stake in shares of Sportsman’s Warehouse in the first quarter worth about $164,000. Barclays PLC increased its holdings in shares of Sportsman’s Warehouse by 673.1% in the first quarter. Barclays PLC now owns 44,382 shares of the company’s stock worth $181,000 after acquiring an additional 38,641 shares in the last quarter. Wedge Capital Management L L P NC bought a new stake in shares of Sportsman’s Warehouse in the second quarter worth about $366,000. Perkins Capital Management Inc. bought a new stake in shares of Sportsman’s Warehouse in the second quarter worth about $474,000. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Sportsman’s Warehouse in the first quarter worth about $398,000. Institutional investors own 86.68% of the company’s stock.

In related news, Director Seidler Kutsenda Management Co sold 50,000 shares of the stock in a transaction that occurred on Monday, June 25th. The stock was sold at an average price of $5.73, for a total transaction of $286,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 3,719,652 shares of company stock valued at $18,615,177 over the last three months. Insiders own 4.15% of the company’s stock.

SPWH stock opened at $6.10 on Friday. The company has a quick ratio of 0.06, a current ratio of 1.09 and a debt-to-equity ratio of 0.58. The stock has a market cap of $268.79 million, a PE ratio of 12.20, a PEG ratio of 1.04 and a beta of -0.57. Sportsman’s Warehouse Holdings Inc has a fifty-two week low of $3.66 and a fifty-two week high of $6.99.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its quarterly earnings results on Thursday, August 23rd. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. Sportsman’s Warehouse had a return on equity of 45.86% and a net margin of 1.94%. The firm had revenue of $203.30 million during the quarter, compared to analysts’ expectations of $203.27 million. During the same period in the prior year, the firm posted $0.15 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. equities research analysts anticipate that Sportsman’s Warehouse Holdings Inc will post 0.6 EPS for the current fiscal year.

Several brokerages have issued reports on SPWH. ValuEngine downgraded Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a report on Friday, June 29th. Zacks Investment Research upgraded Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $6.75 price target for the company in a report on Saturday, August 25th. Finally, DA Davidson set a $7.00 price target on Sportsman’s Warehouse and gave the stock a “buy” rating in a report on Wednesday, August 15th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $5.75.

Sportsman’s Warehouse Company Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.

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Institutional Ownership by Quarter for Sportsman`s Warehouse (NASDAQ:SPWH)

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