Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC reduced its position in Boot Barn Holdings, Inc. (NYSE:BOOT) by 40.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,379 shares of the company’s stock after selling 937 shares during the quarter. Guggenheim Capital LLC’s holdings in Boot Barn were worth $209,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC raised its position in shares of Boot Barn by 201.8% in the fourth quarter. Signaturefd LLC now owns 166 shares of the company’s stock valued at $25,000 after buying an additional 111 shares during the last quarter. Blue Trust Inc. raised its holdings in Boot Barn by 1,430.0% in the 4th quarter. Blue Trust Inc. now owns 153 shares of the company’s stock valued at $26,000 after acquiring an additional 143 shares during the last quarter. Assetmark Inc. lifted its stake in Boot Barn by 45.2% in the 4th quarter. Assetmark Inc. now owns 363 shares of the company’s stock worth $55,000 after purchasing an additional 113 shares in the last quarter. R Squared Ltd acquired a new position in shares of Boot Barn during the 4th quarter worth approximately $102,000. Finally, Smartleaf Asset Management LLC grew its position in shares of Boot Barn by 212.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 749 shares of the company’s stock valued at $115,000 after purchasing an additional 509 shares in the last quarter.

Boot Barn Stock Performance

Shares of BOOT stock opened at $104.22 on Tuesday. The stock has a market capitalization of $3.19 billion, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 1.17 and a beta of 1.75. Boot Barn Holdings, Inc. has a fifty-two week low of $86.17 and a fifty-two week high of $176.64. The company has a 50 day moving average price of $105.84 and a 200 day moving average price of $133.29.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Thursday, January 30th. The company reported $2.43 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.38. Boot Barn had a return on equity of 17.11% and a net margin of 9.36%. On average, research analysts forecast that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

Analyst Ratings Changes

BOOT has been the topic of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on Boot Barn from $200.00 to $209.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. BTIG Research lifted their target price on shares of Boot Barn from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. UBS Group dropped their price target on shares of Boot Barn from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Monday, February 3rd. Robert W. Baird reduced their price target on shares of Boot Barn from $133.00 to $120.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 23rd. Finally, Stephens assumed coverage on Boot Barn in a research report on Wednesday, April 9th. They issued an “overweight” rating and a $100.00 price objective for the company. One research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Boot Barn presently has an average rating of “Moderate Buy” and an average target price of $167.77.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.