Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC grew its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 21.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,724 shares of the company’s stock after purchasing an additional 3,162 shares during the period. Knights of Columbus Asset Advisors LLC owned approximately 0.06% of Boot Barn worth $2,691,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BOOT. Fisher Asset Management LLC lifted its position in Boot Barn by 2.0% during the 3rd quarter. Fisher Asset Management LLC now owns 4,192 shares of the company’s stock worth $701,000 after acquiring an additional 83 shares during the period. Louisiana State Employees Retirement System boosted its position 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 buying an additional 100 shares during the last quarter. Arizona State Retirement System increased its holdings in Boot Barn by 1.1% in the 4th quarter. Arizona State Retirement System now owns 8,853 shares of the company’s stock worth $1,344,000 after buying an additional 100 shares during the period. Signaturefd LLC increased its holdings in Boot Barn by 201.8% in the 4th quarter. Signaturefd LLC now owns 166 shares of the company’s stock worth $25,000 after buying an additional 111 shares during the period. Finally, Assetmark Inc. raised its position in Boot Barn by 45.2% during the 4th quarter. Assetmark Inc. now owns 363 shares of the company’s stock worth $55,000 after buying an additional 113 shares during the last quarter.

Boot Barn Stock Performance

Shares of BOOT stock opened at $104.64 on Friday. Boot Barn Holdings, Inc. has a fifty-two week low of $84.83 and a fifty-two week high of $176.64. The firm has a market capitalization of $3.20 billion, a P/E ratio of 18.68, a PEG ratio of 1.17 and a beta of 2.07. The stock’s fifty day moving average is $134.51 and its two-hundred day moving average is $144.58.

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

Analyst Ratings Changes

Several analysts have recently commented on BOOT shares. UBS Group dropped their price objective on shares of Boot Barn from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, February 3rd. Bank of America boosted their target price on shares of Boot Barn from $187.00 to $192.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. StockNews.com cut shares of Boot Barn from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Piper Sandler restated an “overweight” rating and set a $181.00 target price (up from $179.00) on shares of Boot Barn in a research report on Friday, January 31st. Finally, Robert W. Baird reduced their price target on Boot Barn from $190.00 to $155.00 and set an “outperform” rating for the company in a report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $181.92.

Insider Activity

In related news, CEO John Hazen sold 6,311 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total value of $965,456.78. Following the transaction, the chief executive officer now owns 3,937 shares of the company’s stock, valued at $602,282.26. This represents a 61.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Boot Barn Company 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.