Dicks Sporting Goods Inc (DKS) : Barbara Oil has sold out all of its stake in Dicks Sporting Goods Inc during the most recent quarter, according to the disclosure filed by the company on Aug 8, 2016 with the SEC. The investment management company has sold out 15,000 shares of Dicks Sporting Goods Inc which is valued at $819,000.
Other Hedge Funds, Including , Mufg Americas Holdings Corp reduced its stake in DKS by selling 966 shares or 24.02% in the most recent quarter. The Hedge Fund company now holds 3,055 shares of DKS which is valued at $166,803. Dicks Sporting Goods Inc makes up approx 0.01% of Mufg Americas Holdings Corp’s portfolio. Spot Trading L.l.c sold out all of its stake in DKS during the most recent quarter. The investment firm sold 55,432 shares of DKS which is valued $2,850,313. Capital Fund Management S.a. sold out all of its stake in DKS during the most recent quarter. The investment firm sold 23,097 shares of DKS which is valued $1,159,238.New York State Teachers Retirement System reduced its stake in DKS by selling 100 shares or 0.06% in the most recent quarter. The Hedge Fund company now holds 159,948 shares of DKS which is valued at $8,056,581. Dicks Sporting Goods Inc makes up approx 0.02% of New York State Teachers Retirement System’s portfolio.Hills Bank Trust Co boosted its stake in DKS in the latest quarter, The investment management firm added 1,785 additional shares and now holds a total of 21,879 shares of Dicks Sporting Goods Inc which is valued at $1,096,138. Dicks Sporting Goods Inc makes up approx 0.39% of Hills Bank Trust Co’s portfolio.
Dicks Sporting Goods Inc opened for trading at $54.75 and hit $55.48 on the upside on Monday, eventually ending the session at $54.89, with a gain of 0.29% or 0.16 points. The heightened volatility saw the trading volume jump to 33,24,452 shares. Company has a market cap of $6,261 M.
On the company’s financial health, Dicks Sporting Goods Inc reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 19, 2016. Analyst had a consensus of $0.49. The company had revenue of $1660.30 million for the quarter, compared to analysts expectations of $1662.12 million. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
Many Wall Street Analysts have commented on Dicks Sporting Goods Inc. Susquehanna Initiated Dicks Sporting Goods Inc on Aug 12, 2016 to “Positive”, Price Target of the shares are set at $65.Company shares were Reiterated by Stifel on Aug 12, 2016 to “Buy”, Firm has raised the Price Target to $ 60 from a previous price target of $50 .Dicks Sporting Goods Inc was Upgraded by Wolfe Research to ” Outperform” on Aug 10, 2016.
DICK’S Sporting Goods Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment apparel footwear and accessories. The Company offers hardlines such as sporting goods equipment fitness equipment golf equipment and hunting and fishing gear. The Company also owns and operates Golf Galaxy Field & Stream and True Runner specialty stores. As of January 31 2015 the Company operated 603 Dick’s Sporting Goods stores in 46 states 78 Golf Galaxy stores in 29 states 10 Field & Stream stores in five states and three True Runner stores in three states. It also operates e-commerce Websites at www.DICKS.com and www.golfgalaxy.com.