AM Investment Strategies LLC raised its position in shares of Conn’s, Inc. (NASDAQ:CONN – Free Report) by 20.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,125 shares of the specialty retailer’s stock after buying an additional 20,000 shares during the period. AM Investment Strategies LLC owned about 0.49% of Conn’s worth $533,000 at the end of the most recent reporting period.
Separately, Acadian Asset Management LLC lifted its position in Conn’s by 55.1% during the 3rd quarter. Acadian Asset Management LLC now owns 128,344 shares of the specialty retailer’s stock valued at $505,000 after acquiring an additional 45,593 shares during the period. Hedge funds and other institutional investors own 55.00% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Conn’s from a “sell” rating to a “hold” rating in a report on Friday, April 12th.
Conn’s Price Performance
Shares of CONN traded down $0.19 during mid-day trading on Thursday, reaching $3.63. The stock had a trading volume of 59,909 shares, compared to its average volume of 135,868. The firm has a market cap of $90.35 million, a price-to-earnings ratio of -1.13 and a beta of 2.42. Conn’s, Inc. has a 12 month low of $2.55 and a 12 month high of $5.26. The business has a fifty day moving average of $3.65 and a 200 day moving average of $3.77. The company has a debt-to-equity ratio of 1.93, a quick ratio of 1.87 and a current ratio of 2.58.
About Conn’s
Conn's, Inc operates as a specialty retailer of durable consumer goods and related services in the United States. It operates through two segments, Retail and Credit. The company's stores offer home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges; and furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as flat and other mattresses.
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