Vanguard Personalized Indexing Management LLC Has $334,000 Position in Columbia Sportswear (NASDAQ:COLM)

Vanguard Personalized Indexing Management LLC grew its stake in Columbia Sportswear (NASDAQ:COLMFree Report) by 55.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,202 shares of the textile maker’s stock after purchasing an additional 1,502 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Columbia Sportswear were worth $334,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of COLM. Dimensional Fund Advisors LP raised its holdings in Columbia Sportswear by 10.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,128,258 shares of the textile maker’s stock valued at $89,745,000 after acquiring an additional 104,100 shares during the period. BNP Paribas Financial Markets grew its position in shares of Columbia Sportswear by 167.7% in the fourth quarter. BNP Paribas Financial Markets now owns 58,016 shares of the textile maker’s stock valued at $4,615,000 after purchasing an additional 36,348 shares during the last quarter. Versor Investments LP bought a new position in shares of Columbia Sportswear during the fourth quarter worth approximately $223,000. Charles Schwab Investment Management Inc. lifted its holdings in Columbia Sportswear by 3.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 515,735 shares of the textile maker’s stock worth $41,022,000 after purchasing an additional 18,001 shares during the last quarter. Finally, National Bank of Canada FI acquired a new stake in Columbia Sportswear during the 4th quarter worth approximately $1,110,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. UBS Group lowered their price objective on Columbia Sportswear from $62.00 to $59.00 and set a “sell” rating on the stock in a research report on Friday, February 2nd. Stifel Nicolaus upped their price target on shares of Columbia Sportswear from $75.00 to $84.00 and gave the company a “hold” rating in a research note on Friday, April 26th. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $75.75.

View Our Latest Analysis on Columbia Sportswear

Columbia Sportswear Price Performance

Shares of NASDAQ:COLM opened at $84.03 on Monday. The business’s 50 day simple moving average is $79.66 and its 200 day simple moving average is $79.40. Columbia Sportswear has a 1 year low of $66.01 and a 1 year high of $86.73. The company has a market capitalization of $4.97 billion, a P/E ratio of 20.50, a P/E/G ratio of 3.47 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last released its earnings results on Thursday, April 25th. The textile maker reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.36. Columbia Sportswear had a return on equity of 13.98% and a net margin of 7.20%. The firm had revenue of $769.98 million during the quarter, compared to the consensus estimate of $740.62 million. During the same period in the prior year, the company posted $0.74 EPS. The company’s revenue was down 6.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Columbia Sportswear will post 3.86 EPS for the current fiscal year.

Columbia Sportswear Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, May 16th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.20 dividend on an annualized basis and a yield of 1.43%. Columbia Sportswear’s payout ratio is 29.27%.

Insider Activity

In other news, CFO Jim A. Swanson sold 7,199 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $77.50, for a total transaction of $557,922.50. Following the completion of the sale, the chief financial officer now owns 9,423 shares of the company’s stock, valued at approximately $730,282.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Columbia Sportswear news, Director Sabrina Simmons sold 523 shares of Columbia Sportswear stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $81.70, for a total value of $42,729.10. Following the transaction, the director now owns 6,483 shares in the company, valued at $529,661.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jim A. Swanson sold 7,199 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $77.50, for a total transaction of $557,922.50. Following the completion of the transaction, the chief financial officer now directly owns 9,423 shares of the company’s stock, valued at approximately $730,282.50. The disclosure for this sale can be found here. Corporate insiders own 44.70% of the company’s stock.

Columbia Sportswear Profile

(Free Report)

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.

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Institutional Ownership by Quarter for Columbia Sportswear (NASDAQ:COLM)

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