James Investment Research Inc. Has $2.08 Million Stake in Boot Barn Holdings, Inc. (NYSE:BOOT)

James Investment Research Inc. boosted its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,703 shares of the company’s stock after acquiring an additional 1,429 shares during the quarter. James Investment Research Inc.’s holdings in Boot Barn were worth $2,080,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Crossmark Global Holdings Inc. boosted its holdings in Boot Barn by 3.7% in the third quarter. Crossmark Global Holdings Inc. now owns 2,283 shares of the company’s stock valued at $382,000 after acquiring an additional 82 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Boot Barn by 2.0% in the third quarter. Fisher Asset Management LLC now owns 4,192 shares of the company’s stock valued at $701,000 after acquiring an additional 83 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in Boot Barn by 0.7% in the fourth quarter. Louisiana State Employees Retirement System now owns 14,800 shares of the company’s stock valued at $2,247,000 after acquiring an additional 100 shares during the last quarter. OLD National Bancorp IN boosted its holdings in Boot Barn by 6.2% in the fourth quarter. OLD National Bancorp IN now owns 2,230 shares of the company’s stock valued at $339,000 after acquiring an additional 130 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in Boot Barn by 1,430.0% in the fourth quarter. Blue Trust Inc. now owns 153 shares of the company’s stock valued at $26,000 after buying an additional 143 shares during the period.

Boot Barn Stock Performance

Shares of Boot Barn stock opened at $137.11 on Friday. The business’s 50 day simple moving average is $152.41 and its 200 day simple moving average is $147.65. Boot Barn Holdings, Inc. has a 52-week low of $82.67 and a 52-week high of $176.64. The firm has a market cap of $4.19 billion, a PE ratio of 24.48, a P/E/G ratio of 1.25 and a beta of 2.10.

Boot Barn (NYSE:BOOT) last announced its earnings results on Thursday, January 30th. The company reported $2.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.38. Boot Barn had a return on equity of 17.11% and a net margin of 9.36%. As a group, equities research analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Insider Buying and Selling at Boot Barn

In other news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the completion of the transaction, the chief executive officer now directly owns 3,937 shares in the company, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

BOOT has been the topic of several analyst reports. Bank of America increased their target price on Boot Barn from $187.00 to $192.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Benchmark reissued a “buy” rating and issued a $192.00 target price on shares of Boot Barn in a research note on Tuesday, October 29th. KeyCorp raised Boot Barn from a “sector weight” rating to an “overweight” rating and set a $190.00 price target on the stock in a research report on Thursday, January 23rd. Williams Trading reaffirmed a “buy” rating and set a $173.00 price target on shares of Boot Barn in a research report on Tuesday, October 29th. Finally, UBS Group dropped their price target on Boot Barn from $210.00 to $200.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd. Two investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $181.58.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.