Mutual Advisors LLC Cuts Stock Position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

Mutual Advisors LLC reduced its position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 8.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 138,490 shares of the company’s stock after selling 12,580 shares during the quarter. Mutual Advisors LLC owned 0.37% of Sportsman’s Warehouse worth $590,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Swiss National Bank lifted its stake in shares of Sportsman’s Warehouse by 7.8% in the 1st quarter. Swiss National Bank now owns 103,700 shares of the company’s stock valued at $1,109,000 after acquiring an additional 7,500 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Sportsman’s Warehouse by 359.7% in the 1st quarter. JPMorgan Chase & Co. now owns 148,036 shares of the company’s stock valued at $1,581,000 after acquiring an additional 115,830 shares during the last quarter. MetLife Investment Management LLC lifted its stake in shares of Sportsman’s Warehouse by 128.5% in the 1st quarter. MetLife Investment Management LLC now owns 22,488 shares of the company’s stock valued at $240,000 after acquiring an additional 12,648 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Sportsman’s Warehouse by 28.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,530,309 shares of the company’s stock valued at $16,361,000 after acquiring an additional 338,566 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Sportsman’s Warehouse by 43.2% in the 1st quarter. Canada Pension Plan Investment Board now owns 345,000 shares of the company’s stock valued at $3,688,000 after acquiring an additional 104,000 shares during the last quarter. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on SPWH shares. StockNews.com raised Sportsman’s Warehouse to a “sell” rating in a research report on Thursday, January 11th. B. Riley lowered Sportsman’s Warehouse from a “buy” rating to a “neutral” rating in a research report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $8.25.

Sportsman’s Warehouse Stock Performance

Shares of NASDAQ:SPWH opened at $3.00 on Thursday. Sportsman’s Warehouse Holdings, Inc. has a 52-week low of $2.74 and a 52-week high of $8.85. The firm has a market capitalization of $112.23 million, a P/E ratio of -11.54 and a beta of 0.77. The stock has a 50 day moving average price of $3.61 and a 200-day moving average price of $4.20.

About Sportsman’s Warehouse

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.