O Keefe Stevens Advisory Inc. Increases Stock Position in Franklin Covey Co. (NYSE:FC)

O Keefe Stevens Advisory Inc. boosted its stake in shares of Franklin Covey Co. (NYSE:FC) by 38.2% during the fourth quarter, Holdings Channel reports. The firm owned 9,612 shares of the business services provider’s stock after purchasing an additional 2,658 shares during the quarter. O Keefe Stevens Advisory Inc.’s holdings in Franklin Covey were worth $361,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. purchased a new position in shares of Franklin Covey in the 2nd quarter worth $17,022,000. Harbor Capital Advisors Inc. lifted its stake in shares of Franklin Covey by 137.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 242,953 shares of the business services provider’s stock worth $9,993,000 after purchasing an additional 140,537 shares during the period. Dean Investment Associates LLC purchased a new position in shares of Franklin Covey in the third quarter worth approximately $2,259,000. Rice Hall James & Associates LLC grew its position in Franklin Covey by 9.0% during the third quarter. Rice Hall James & Associates LLC now owns 549,145 shares of the business services provider’s stock valued at $22,586,000 after buying an additional 45,312 shares during the period. Finally, Barclays PLC increased its holdings in Franklin Covey by 178.9% during the third 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. Hedge funds and other institutional investors own 69.88% of the company’s stock.

Franklin Covey Stock Up 0.5 %

Shares of FC opened at $33.12 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.99 and a quick ratio of 0.96. The stock has a market capitalization of $436.99 million, a price-to-earnings ratio of 22.53, a price-to-earnings-growth ratio of 1.15 and a beta of 1.21. Franklin Covey Co. has a 1 year low of $28.99 and a 1 year high of $44.46. The business’s 50 day simple moving average is $36.15 and its 200-day simple moving average is $38.78.

Franklin Covey (NYSE:FC) last released its quarterly earnings data on Wednesday, January 8th. The business services provider reported $0.09 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.13). Franklin Covey had a net margin of 6.85% and a return on equity of 25.63%. As a group, equities analysts expect that Franklin Covey Co. will post 1.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. StockNews.com lowered Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Monday, January 13th. Barrington Research restated an “outperform” rating and issued a $45.00 price objective on shares of Franklin Covey in a research report on Thursday, November 7th.

Franklin Covey Company 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.