International Speedway Corp (ISCA) Stake Owned by Ariel Investments, LLC

Ariel Investments, LLC

disclosed that they own 8.2% of International Speedway Corp (NASDAQ:ISCA) in a Schedule 13G/A disclosure that was filed with the SEC on Wednesday, January 10th. The investor owns 1,993,379 shares of the stock worth about $77,542,443. The disclosure is available through the SEC website at this link.

Several other large investors also recently modified their holdings of the stock. AXA lifted its holdings in International Speedway by 571.9% during the third quarter. AXA now owns 145,800 shares of the company’s stock valued at $5,249,000 after purchasing an additional 124,100 shares during the last quarter. GSA Capital Partners LLP lifted its holdings in International Speedway by 92.9% during the third quarter. GSA Capital Partners LLP now owns 66,421 shares of the company’s stock valued at $2,391,000 after purchasing an additional 31,987 shares during the last quarter. California Public Employees Retirement System lifted its holdings in International Speedway by 8.7% during the third quarter. California Public Employees Retirement System now owns 59,906 shares of the company’s stock valued at $2,157,000 after purchasing an additional 4,806 shares during the last quarter. KBC Group NV lifted its holdings in International Speedway by 47.3% during the third quarter. KBC Group NV now owns 22,702 shares of the company’s stock valued at $817,000 after purchasing an additional 7,287 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in International Speedway by 7.8% during the third quarter. Schwab Charles Investment Management Inc. now owns 176,273 shares of the company’s stock valued at $6,346,000 after purchasing an additional 12,770 shares during the last quarter. 50.37% of the stock is currently owned by institutional investors.

Several research firms have commented on ISCA. BidaskClub downgraded shares of International Speedway from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Zacks Investment Research raised shares of International Speedway from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a report on Tuesday, October 10th. Finally, Citigroup reaffirmed a “sell” rating and set a $31.00 price objective (up from $30.00) on shares of International Speedway in a report on Monday, October 9th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $38.50.

Shares of International Speedway Corp (NASDAQ ISCA) opened at $38.90 on Wednesday. International Speedway Corp has a fifty-two week low of $32.25 and a fifty-two week high of $41.95. The stock has a market cap of $1,730.00, a PE ratio of 26.11, a PEG ratio of 5.78 and a beta of 1.14. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.41 and a quick ratio of 2.41.

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International Speedway Company Profile

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

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