6,031 Shares in Franklin Covey Co. (NYSE:FC) Purchased by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC acquired a new position in shares of Franklin Covey Co. (NYSE:FC) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 6,031 shares of the business services provider’s stock, valued at approximately $227,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Barclays PLC lifted its position in shares of Franklin Covey by 178.9% during the 3rd quarter. Barclays PLC now owns 33,499 shares of the business services provider’s stock valued at $1,379,000 after buying an additional 21,489 shares during the last quarter. State Street Corp raised its stake in Franklin Covey by 2.4% in the 3rd quarter. State Street Corp now owns 255,328 shares of the business services provider’s stock valued at $10,502,000 after acquiring an additional 5,955 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in Franklin Covey during the fourth quarter valued at about $2,186,000. BNP Paribas Financial Markets boosted its position in Franklin Covey by 146.2% during the third quarter. BNP Paribas Financial Markets now owns 12,810 shares of the business services provider’s stock worth $527,000 after purchasing an additional 7,606 shares during the period. Finally, Dean Investment Associates LLC purchased a new position in shares of Franklin Covey in the third quarter worth about $2,259,000. Institutional investors own 69.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on FC shares. Barrington Research dropped their price target on shares of Franklin Covey from $45.00 to $35.00 and set an “outperform” rating on the stock in a research note on Thursday. StockNews.com upgraded Franklin Covey from a “buy” rating to a “strong-buy” rating in a research report on Thursday.

Franklin Covey Price Performance

FC stock opened at $20.67 on Friday. The firm has a 50 day moving average of $32.18 and a 200-day moving average of $35.86. The firm has a market capitalization of $272.71 million, a P/E ratio of 14.06, a price-to-earnings-growth ratio of 1.74 and a beta of 0.98. Franklin Covey Co. has a 12 month low of $19.54 and a 12 month high of $44.46. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.03.

Franklin Covey (NYSE:FC) last announced its quarterly earnings results on Wednesday, April 2nd. The business services provider reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.03. The firm had revenue of $59.61 million during the quarter, compared to the consensus estimate of $62.24 million. Franklin Covey had a net margin of 6.85% and a return on equity of 25.23%. As a group, sell-side analysts predict that Franklin Covey Co. will post 0.97 earnings per share for the current fiscal year.

Franklin Covey Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.