Eagle Global Advisors LLC Has $160,000 Stake in Boot Barn Holdings, Inc. (BOOT)

Eagle Global Advisors LLC boosted its position in Boot Barn Holdings, Inc. (NYSE:BOOT) by 97.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,630 shares of the company’s stock after buying an additional 11,160 shares during the period. Eagle Global Advisors LLC owned approximately 0.09% of Boot Barn Holdings worth $160,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. boosted its position in Boot Barn Holdings by 5.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 42,316 shares of the company’s stock valued at $419,000 after buying an additional 2,052 shares during the period. Geode Capital Management LLC boosted its position in Boot Barn Holdings by 3.3% in the first quarter. Geode Capital Management LLC now owns 101,834 shares of the company’s stock valued at $1,007,000 after buying an additional 3,224 shares during the period. Gotham Asset Management LLC bought a new position in Boot Barn Holdings during the first quarter valued at $112,000. Alambic Investment Management L.P. bought a new position in Boot Barn Holdings during the first quarter valued at $155,000. Finally, Municipal Employees Retirement System of Michigan boosted its position in Boot Barn Holdings by 67.2% in the second quarter. Municipal Employees Retirement System of Michigan now owns 43,330 shares of the company’s stock valued at $307,000 after buying an additional 17,420 shares during the period.

Shares of Boot Barn Holdings, Inc. (BOOT) traded down 2.77% during mid-day trading on Friday, reaching $8.07. The company had a trading volume of 274,886 shares. The stock has a market capitalization of $214.60 million, a price-to-earnings ratio of 14.97 and a beta of 1.26. Boot Barn Holdings, Inc. has a 1-year low of $5.90 and a 1-year high of $17.26. The firm has a 50-day moving average price of $7.50 and a 200-day moving average price of $8.91.

Boot Barn Holdings (NYSE:BOOT) last posted its earnings results on Tuesday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $139.40 million during the quarter, compared to analysts’ expectations of $139 million. Boot Barn Holdings had a return on equity of 8.58% and a net margin of 2.26%. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.02 earnings per share. Equities analysts expect that Boot Barn Holdings, Inc. will post $0.61 earnings per share for the current year.

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A number of research analysts have commented on the stock. Piper Jaffray Companies reiterated a “buy” rating on shares of Boot Barn Holdings in a research report on Thursday, August 3rd. ValuEngine upgraded shares of Boot Barn Holdings from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, May 17th. Robert W. Baird upgraded shares of Boot Barn Holdings from a “neutral” rating to an “outperform” rating and increased their price target for the company from $10.00 to $11.00 in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of Boot Barn Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, B. Riley restated a “buy” rating and issued a $9.00 target price on shares of Boot Barn Holdings in a report on Wednesday, May 31st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. Boot Barn Holdings has a consensus rating of “Hold” and an average target price of $10.88.

In other news, Director Peter Starrett acquired 50,000 shares of the company’s stock in a transaction dated Tuesday, June 6th. The stock was acquired at an average cost of $6.12 per share, with a total value of $306,000.00. Following the completion of the purchase, the director now owns 4,726 shares of the company’s stock, valued at approximately $28,923.12. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Brenda I. Morris acquired 7,000 shares of the company’s stock in a transaction dated Wednesday, June 7th. The stock was purchased at an average cost of $6.33 per share, with a total value of $44,310.00. Following the completion of the purchase, the director now directly owns 13,818 shares of the company’s stock, valued at approximately $87,467.94. The disclosure for this purchase can be found here. Insiders own 4.60% of the company’s stock.

Boot Barn Holdings Company Profile

Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.

Institutional Ownership by Quarter for Boot Barn Holdings (NYSE:BOOT)

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