Toronto Dominion Bank increased its position in Foot Locker, Inc. (NYSE:FL) by 12.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,804 shares of the athletic footwear retailer’s stock after buying an additional 5,332 shares during the quarter. Toronto Dominion Bank’s holdings in Foot Locker were worth $1,753,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Alps Advisors Inc. increased its stake in shares of Foot Locker by 0.3% in the second quarter. Alps Advisors Inc. now owns 6,312 shares of the athletic footwear retailer’s stock worth $311,000 after buying an additional 17 shares during the period. Honkamp Krueger Financial Services Inc. increased its stake in shares of Foot Locker by 0.4% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 14,090 shares of the athletic footwear retailer’s stock worth $694,000 after buying an additional 61 shares during the period. Thrivent Financial For Lutherans increased its stake in shares of Foot Locker by 2.5% in the second quarter. Thrivent Financial For Lutherans now owns 5,010 shares of the athletic footwear retailer’s stock worth $247,000 after buying an additional 120 shares during the period. Empirical Finance LLC increased its stake in shares of Foot Locker by 0.7% in the second quarter. Empirical Finance LLC now owns 31,054 shares of the athletic footwear retailer’s stock worth $1,531,000 after buying an additional 205 shares during the period. Finally, Formidable Asset Management LLC increased its stake in shares of Foot Locker by 2.8% in the second quarter. Formidable Asset Management LLC now owns 12,446 shares of the athletic footwear retailer’s stock worth $613,000 after buying an additional 336 shares during the period. 87.42% of the stock is currently owned by institutional investors.

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Foot Locker, Inc. (NYSE:FL) opened at $40.54 on Thursday. The stock has a market cap of $5,010.00, a PE ratio of 9.64, a P/E/G ratio of 2.76 and a beta of 0.66. Foot Locker, Inc. has a one year low of $28.42 and a one year high of $79.43. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.39 and a quick ratio of 2.08.

Foot Locker (NYSE:FL) last posted its earnings results on Friday, November 17th. The athletic footwear retailer reported $0.87 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.07. The business had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Foot Locker had a net margin of 6.79% and a return on equity of 19.96%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.13 EPS. analysts expect that Foot Locker, Inc. will post 4.04 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 2nd. Shareholders of record on Friday, January 19th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend is Thursday, January 18th. Foot Locker’s dividend payout ratio is currently 31.23%.

A number of research analysts have issued reports on the stock. Jefferies Group LLC set a $61.00 price objective on shares of Foot Locker and gave the company a “buy” rating in a research report on Friday, November 17th. Morgan Stanley raised shares of Foot Locker from an “equal weight” rating to an “overweight” rating and reduced their price objective for the company from $70.00 to $65.00 in a research report on Tuesday, August 8th. Credit Suisse Group reissued a “neutral” rating and set a $52.00 price objective (down from $66.00) on shares of Foot Locker in a research report on Tuesday, August 1st. ValuEngine raised shares of Foot Locker from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, B. Riley set a $40.00 price objective on shares of Foot Locker and gave the company a “hold” rating in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $53.26.

About Foot Locker

Foot Locker, Inc is a retailer of shoes and apparel. The Company operates through two segments: Athletic Stores and Direct-to-Customers. The Company is an athletic footwear and apparel retailer, which include businesses, such as include Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.

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Institutional Ownership by Quarter for Foot Locker (NYSE:FL)

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