Shoe Carnival, Inc. (NASDAQ:SCVL) Shares Acquired by Invesco Ltd.

Invesco Ltd. increased its holdings in shares of Shoe Carnival, Inc. (NASDAQ:SCVL) by 10.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 880,047 shares of the company’s stock after buying an additional 80,871 shares during the period. Invesco Ltd.’s holdings in Shoe Carnival were worth $29,112,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new stake in shares of Shoe Carnival in the 4th quarter worth approximately $99,000. FMR LLC boosted its holdings in shares of Shoe Carnival by 8.7% during the third quarter. FMR LLC now owns 4,266 shares of the company’s stock valued at $187,000 after acquiring an additional 343 shares during the period. SG Americas Securities LLC bought a new position in shares of Shoe Carnival during the fourth quarter worth about $178,000. Aster Capital Management DIFC Ltd increased its holdings in shares of Shoe Carnival by 5,059.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 7,120 shares of the company’s stock worth $236,000 after acquiring an additional 6,982 shares during the period. Finally, Franklin Resources Inc. bought a new stake in Shoe Carnival in the 3rd quarter valued at about $530,000. Institutional investors own 66.05% of the company’s stock.

Shoe Carnival Trading Up 3.0 %

NASDAQ SCVL opened at $17.26 on Friday. The company has a 50-day moving average price of $21.64 and a two-hundred day moving average price of $29.75. Shoe Carnival, Inc. has a 52 week low of $16.53 and a 52 week high of $46.92. The stock has a market cap of $469.04 million, a price-to-earnings ratio of 6.35 and a beta of 1.35.

Shoe Carnival (NASDAQ:SCVL) last posted its earnings results on Thursday, March 20th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.42 by $0.12. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. The firm had revenue of $262.90 million for the quarter, compared to analysts’ expectations of $277.89 million. During the same period last year, the firm earned $0.59 EPS. The firm’s revenue was down 6.2% compared to the same quarter last year. As a group, equities research analysts expect that Shoe Carnival, Inc. will post 2.6 earnings per share for the current fiscal year.

Shoe Carnival Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 21st. Shareholders of record on Monday, April 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.48%. This is an increase from Shoe Carnival’s previous quarterly dividend of $0.14. The ex-dividend date is Monday, April 7th. Shoe Carnival’s payout ratio is 22.39%.

About Shoe Carnival

Shoe Carnival, Inc, together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories. The company also operates stores, and sells its products through online shopping at shoecarnival.com, as well as through mobile app.