Roman Butler Fullerton & Co. Sells 1,726 Shares of Smith & Wesson Brands, Inc. (NASDAQ:SWBI)

Roman Butler Fullerton & Co. lessened its holdings in Smith & Wesson Brands, Inc. (NASDAQ:SWBI) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,132 shares of the company’s stock after selling 1,726 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Smith & Wesson Brands were worth $733,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. BlackRock Inc. increased its position in Smith & Wesson Brands by 2.1% in the 2nd quarter. BlackRock Inc. now owns 4,006,791 shares of the company’s stock valued at $52,249,000 after acquiring an additional 82,622 shares during the period. Vanguard Group Inc. grew its stake in shares of Smith & Wesson Brands by 2.7% in the third quarter. Vanguard Group Inc. now owns 3,514,160 shares of the company’s stock worth $45,368,000 after purchasing an additional 92,985 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Smith & Wesson Brands by 8.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,490,598 shares of the company’s stock valued at $30,657,000 after purchasing an additional 193,438 shares during the period. UBS Group AG raised its position in Smith & Wesson Brands by 6.5% during the 3rd quarter. UBS Group AG now owns 1,875,649 shares of the company’s stock worth $24,215,000 after purchasing an additional 114,584 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Smith & Wesson Brands by 386.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,125,215 shares of the company’s stock worth $14,673,000 after purchasing an additional 893,991 shares during the last quarter. Institutional investors own 59.33% of the company’s stock.

Insider Buying and Selling at Smith & Wesson Brands

In other news, Director Robert L. Scott sold 2,000 shares of Smith & Wesson Brands stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $13.46, for a total transaction of $26,920.00. Following the completion of the transaction, the director now directly owns 73,569 shares in the company, valued at $990,238.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Deana L. Mcpherson sold 13,068 shares of Smith & Wesson Brands stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $17.49, for a total value of $228,559.32. Following the completion of the transaction, the insider now directly owns 76,370 shares in the company, valued at approximately $1,335,711.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert L. Scott sold 2,000 shares of Smith & Wesson Brands stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $13.46, for a total value of $26,920.00. Following the completion of the transaction, the director now owns 73,569 shares of the company’s stock, valued at $990,238.74. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,068 shares of company stock valued at $317,619. Company insiders own 0.99% of the company’s stock.

Smith & Wesson Brands Trading Up 1.0 %

Smith & Wesson Brands stock traded up $0.17 during mid-day trading on Thursday, hitting $16.66. 26,140 shares of the stock were exchanged, compared to its average volume of 391,929. The stock has a market capitalization of $768.03 million, a price-to-earnings ratio of 28.93 and a beta of 1.17. Smith & Wesson Brands, Inc. has a 12 month low of $10.38 and a 12 month high of $18.05. The company has a quick ratio of 1.42, a current ratio of 3.21 and a debt-to-equity ratio of 0.27. The firm’s fifty day simple moving average is $15.77 and its two-hundred day simple moving average is $14.37.

Smith & Wesson Brands (NASDAQ:SWBI) last released its earnings results on Thursday, March 7th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.08. Smith & Wesson Brands had a net margin of 5.05% and a return on equity of 9.44%. The business had revenue of $137.48 million for the quarter, compared to analyst estimates of $133.56 million. During the same quarter in the previous year, the business earned $0.25 earnings per share. Smith & Wesson Brands’s revenue for the quarter was up 6.5% on a year-over-year basis. Analysts forecast that Smith & Wesson Brands, Inc. will post 0.8 EPS for the current year.

Smith & Wesson Brands Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $0.48 annualized dividend and a yield of 2.88%. Smith & Wesson Brands’s payout ratio is currently 84.21%.

Wall Street Analyst Weigh In

Separately, Craig Hallum raised Smith & Wesson Brands from a “hold” rating to a “buy” rating and increased their price target for the company from $14.00 to $18.00 in a research note on Friday, March 8th.

Smith & Wesson Brands Profile

Smith & Wesson Brands, Inc designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands.