Credit Agricole S A Acquires Shares of 3,567 International Speedway Corp (ISCA)

Credit Agricole S A purchased a new stake in shares of International Speedway Corp (NASDAQ:ISCA) during the fourth quarter, according to its most recent filing with the SEC. The institutional investor purchased 3,567 shares of the company’s stock, valued at approximately $131,000.

A number of other large investors also recently bought and sold shares of the stock. Teza Capital Management LLC acquired a new stake in International Speedway Corp during the fourth quarter valued at approximately $221,000. Montag A & Associates Inc. acquired a new stake in International Speedway Corp during the third quarter valued at approximately $248,000. Oregon Public Employees Retirement Fund increased its stake in International Speedway Corp by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 9,526 shares of the company’s stock valued at $318,000 after buying an additional 183 shares during the last quarter. Marshall Wace LLP acquired a new stake in International Speedway Corp during the fourth quarter valued at approximately $344,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in International Speedway Corp during the fourth quarter valued at approximately $353,000. 51.59% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for International Speedway Corp (NASDAQ:ISCA)

International Speedway Corp (NASDAQ:ISCA) traded down 0.72% on Friday, reaching $37.70. 113,077 shares of the company’s stock were exchanged. International Speedway Corp has a 52-week low of $30.05 and a 52-week high of $40.31. The company has a market cap of $1.70 billion, a PE ratio of 22.19 and a beta of 1.26. The firm’s 50 day moving average price is $36.99 and its 200 day moving average price is $36.21.

International Speedway Corp (NASDAQ:ISCA) last announced its quarterly earnings data on Tuesday, April 4th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. The company had revenue of $147.90 million for the quarter, compared to analyst estimates of $143.44 million. International Speedway Corp had a return on equity of 4.88% and a net margin of 11.55%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 EPS. On average, analysts expect that International Speedway Corp will post $1.55 earnings per share for the current year.

The company also recently disclosed an annual dividend, which will be paid on Friday, June 30th. Shareholders of record on Wednesday, May 31st will be issued a $0.43 dividend. The ex-dividend date of this dividend is Friday, May 26th. This represents a yield of 1.15%. This is a positive change from International Speedway Corp’s previous annual dividend of $0.41. International Speedway Corp’s dividend payout ratio (DPR) is presently 24.55%.

COPYRIGHT VIOLATION NOTICE: This piece was posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at https://www.com-unik.info/2017/04/21/credit-agricole-s-a-purchases-new-stake-in-international-speedway-corp-isca-updated-updated.html.

Several research firms have recently commented on ISCA. Zacks Investment Research raised shares of International Speedway Corp from a “sell” rating to a “hold” rating in a research report on Tuesday, April 4th. Macquarie downgraded shares of International Speedway Corp from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $41.00 to $39.00 in a research report on Friday, January 27th. Finally, Sidoti started coverage on shares of International Speedway Corp in a report on Tuesday, February 28th. They set a “neutral” rating and a $39.00 price target on the stock.

International Speedway Corp Company Profile

5 Day Chart for NASDAQ:ISCA

What are top analysts saying about International Speedway Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for International Speedway Corp and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit