Blue Trust Inc. raised its position in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 210.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 998 shares of the sporting goods retailer’s stock after buying an additional 677 shares during the quarter. Blue Trust Inc.’s holdings in DICK’S Sporting Goods were worth $214,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of the company. ICA Group Wealth Management LLC acquired a new position in shares of DICK’S Sporting Goods during the second quarter worth about $28,000. Covestor Ltd boosted its holdings in DICK’S Sporting Goods by 70.5% in the 1st quarter. Covestor Ltd now owns 133 shares of the sporting goods retailer’s stock valued at $30,000 after purchasing an additional 55 shares in the last quarter. Innealta Capital LLC acquired a new position in DICK’S Sporting Goods during the 2nd quarter worth approximately $31,000. ORG Partners LLC purchased a new position in shares of DICK’S Sporting Goods during the 2nd quarter worth approximately $30,000. Finally, ORG Wealth Partners LLC acquired a new stake in shares of DICK’S Sporting Goods in the 3rd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.
DICK’S Sporting Goods Price Performance
NYSE:DKS opened at $204.38 on Friday. The firm has a market cap of $16.65 billion, a price-to-earnings ratio of 16.92, a price-to-earnings-growth ratio of 2.31 and a beta of 1.62. DICK’S Sporting Goods, Inc. has a 12-month low of $100.98 and a 12-month high of $239.30. The company has a current ratio of 1.77, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average is $216.06 and its two-hundred day moving average is $210.64.
DICK’S Sporting Goods Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 20th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend was Friday, September 20th. DICK’S Sporting Goods’s dividend payout ratio is currently 36.42%.
Analysts Set New Price Targets
DKS has been the topic of a number of recent analyst reports. Telsey Advisory Group upped their price objective on DICK’S Sporting Goods from $255.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. UBS Group upped their price target on shares of DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th. Wells Fargo & Company reduced their price objective on shares of DICK’S Sporting Goods from $230.00 to $227.00 and set an “equal weight” rating for the company in a research note on Monday, August 12th. Robert W. Baird restated a “neutral” rating and set a $235.00 target price on shares of DICK’S Sporting Goods in a research report on Wednesday, August 28th. Finally, JPMorgan Chase & Co. lifted their price target on shares of DICK’S Sporting Goods from $211.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, September 9th. Nine investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and a consensus price target of $244.62.
Get Our Latest Report on DICK’S Sporting Goods
DICK’S Sporting Goods Company Profile
DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.
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