FNY Managed Accounts LLC raised its holdings in The Finish Line, Inc. (NASDAQ:FINL) by 5,100.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,000 shares of the specialty retailer’s stock after purchasing an additional 10,200 shares during the quarter. FNY Managed Accounts LLC’s holdings in The Finish Line were worth $120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in FINL. Teachers Advisors LLC grew its stake in The Finish Line by 4.1% in the 1st quarter. Teachers Advisors LLC now owns 73,151 shares of the specialty retailer’s stock valued at $1,041,000 after purchasing an additional 2,850 shares during the period. Geode Capital Management LLC grew its stake in shares of The Finish Line by 5.7% during the 1st quarter. Geode Capital Management LLC now owns 335,248 shares of the specialty retailer’s stock worth $4,770,000 after acquiring an additional 17,951 shares during the period. Schwab Charles Investment Management Inc. grew its stake in shares of The Finish Line by 9.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 408,981 shares of the specialty retailer’s stock worth $5,820,000 after acquiring an additional 35,872 shares during the period. State Street Corp grew its stake in shares of The Finish Line by 17.3% during the 1st quarter. State Street Corp now owns 1,380,369 shares of the specialty retailer’s stock worth $19,640,000 after acquiring an additional 203,325 shares during the period. Finally, Public Employees Retirement System of Ohio grew its stake in shares of The Finish Line by 7.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 9,465 shares of the specialty retailer’s stock worth $135,000 after acquiring an additional 650 shares during the period. Hedge funds and other institutional investors own 99.94% of the company’s stock.

Several research analysts have recently weighed in on the company. BidaskClub upgraded The Finish Line from a “strong sell” rating to a “sell” rating in a research note on Friday, August 4th. Wells Fargo & Company cut their price target on The Finish Line from $12.00 to $9.00 and set a “market perform” rating for the company in a research note on Sunday, October 1st. UBS AG downgraded The Finish Line from a “positive” rating to a “neutral” rating in a research note on Monday, October 2nd. Susquehanna Bancshares Inc downgraded The Finish Line from a “positive” rating to a “neutral” rating in a research note on Monday, October 2nd. Finally, Bank of America Corporation downgraded The Finish Line from a “neutral” rating to an “underperform” rating in a research note on Friday, August 18th. Seven equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $10.70.

Shares of The Finish Line, Inc. (NASDAQ:FINL) opened at $10.12 on Monday. The stock has a market capitalization of $406.76, a PE ratio of 16.59, a P/E/G ratio of 1.88 and a beta of 1.33. The Finish Line, Inc. has a 1-year low of $6.90 and a 1-year high of $24.50.

The Finish Line (NASDAQ:FINL) last issued its quarterly earnings data on Friday, September 22nd. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $469.40 million for the quarter, compared to analysts’ expectations of $478.25 million. The Finish Line had a positive return on equity of 5.44% and a negative net margin of 2.13%. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.53 EPS. analysts anticipate that The Finish Line, Inc. will post 0.52 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Friday, November 24th will be issued a dividend of $0.11 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $0.44 dividend on an annualized basis and a yield of 4.35%. The Finish Line’s dividend payout ratio (DPR) is 137.50%.

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About The Finish Line

The Finish Line, Inc is a specialty retailer. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. The Company operates through the Finish Line brand. Finish Line is a retailer of athletic shoes, apparel and accessories.

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Institutional Ownership by Quarter for The Finish Line (NASDAQ:FINL)

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