Parkside Financial Bank & Trust Has $57,000 Stock Position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO)

Parkside Financial Bank & Trust lifted its position in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by 1,307.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 985 shares of the company’s stock after purchasing an additional 915 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Academy Sports and Outdoors were worth $57,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. FMR LLC raised its position in Academy Sports and Outdoors by 15.3% in the third quarter. FMR LLC now owns 10,739,463 shares of the company’s stock worth $626,755,000 after purchasing an additional 1,422,971 shares in the last quarter. Stephens Investment Management Group LLC raised its holdings in shares of Academy Sports and Outdoors by 331.4% in the 4th quarter. Stephens Investment Management Group LLC now owns 959,680 shares of the company’s stock worth $55,210,000 after buying an additional 737,212 shares in the last quarter. Royce & Associates LP lifted its position in shares of Academy Sports and Outdoors by 62.5% during the 3rd quarter. Royce & Associates LP now owns 951,256 shares of the company’s stock worth $55,515,000 after buying an additional 365,929 shares during the period. Verition Fund Management LLC boosted its stake in Academy Sports and Outdoors by 203.2% in the 3rd quarter. Verition Fund Management LLC now owns 514,017 shares of the company’s stock valued at $29,998,000 after buying an additional 344,466 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in Academy Sports and Outdoors by 8.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,649,276 shares of the company’s stock valued at $152,413,000 after acquiring an additional 197,384 shares during the period.

Academy Sports and Outdoors Trading Down 2.1 %

ASO stock opened at $48.54 on Tuesday. The company has a quick ratio of 0.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.25. Academy Sports and Outdoors, Inc. has a twelve month low of $44.73 and a twelve month high of $75.73. The company has a market cap of $3.37 billion, a P/E ratio of 7.97, a PEG ratio of 1.02 and a beta of 1.23. The business has a fifty day moving average of $54.17 and a 200-day moving average of $53.93.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its quarterly earnings data on Tuesday, December 10th. The company reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.30). Academy Sports and Outdoors had a return on equity of 23.32% and a net margin of 7.49%. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the firm posted $1.38 earnings per share. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. As a group, equities research analysts expect that Academy Sports and Outdoors, Inc. will post 5.59 EPS for the current year.

Academy Sports and Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, December 18th were issued a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $0.44 annualized dividend and a yield of 0.91%. Academy Sports and Outdoors’s dividend payout ratio is currently 7.22%.

Wall Street Analyst Weigh In

ASO has been the subject of a number of analyst reports. Robert W. Baird cut their price objective on Academy Sports and Outdoors from $68.00 to $65.00 and set an “outperform” rating for the company in a report on Wednesday, December 11th. TD Cowen boosted their price target on shares of Academy Sports and Outdoors from $54.00 to $61.00 and gave the company a “hold” rating in a research report on Wednesday, January 8th. Wedbush reaffirmed an “outperform” rating and set a $65.00 price objective on shares of Academy Sports and Outdoors in a research note on Wednesday, December 11th. Truist Financial lifted their target price on shares of Academy Sports and Outdoors from $50.00 to $51.00 and gave the company a “hold” rating in a research note on Wednesday, December 11th. Finally, Telsey Advisory Group decreased their price target on Academy Sports and Outdoors from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Academy Sports and Outdoors presently has an average rating of “Hold” and an average target price of $61.67.

About Academy Sports and Outdoors

Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.