Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. boosted its stake in Boot Barn Holdings, Inc. (NYSE:BOOT) by 3.7% during the third quarter, Holdings Channel.com reports. The fund owned 2,283 shares of the company’s stock after purchasing an additional 82 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Boot Barn were worth $382,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BOOT. Capital Research Global Investors purchased a new stake in shares of Boot Barn during the first quarter worth about $32,779,000. Janus Henderson Group PLC increased its stake in Boot Barn by 1,212.4% during the 1st quarter. Janus Henderson Group PLC now owns 285,174 shares of the company’s stock worth $27,134,000 after buying an additional 263,444 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of Boot Barn in the second quarter valued at approximately $19,532,000. Westwood Holdings Group Inc. boosted its stake in shares of Boot Barn by 29.4% in the first quarter. Westwood Holdings Group Inc. now owns 545,644 shares of the company’s stock worth $51,918,000 after acquiring an additional 124,060 shares during the last quarter. Finally, F M Investments LLC purchased a new stake in shares of Boot Barn during the second quarter worth approximately $14,888,000.

Analyst Ratings Changes

BOOT has been the topic of several recent research reports. Williams Trading reaffirmed a “buy” rating and set a $173.00 target price on shares of Boot Barn in a research note on Tuesday, October 29th. UBS Group boosted their price target on shares of Boot Barn from $127.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Craig Hallum downgraded shares of Boot Barn from a “buy” rating to a “hold” rating and increased their price objective for the company from $154.00 to $162.00 in a report on Friday, October 25th. Robert W. Baird upgraded Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 target price on the stock in a report on Wednesday, October 30th. Finally, BTIG Research increased their price target on Boot Barn from $165.00 to $185.00 and gave the company a “buy” rating in a report on Tuesday, October 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Boot Barn currently has a consensus rating of “Moderate Buy” and an average target price of $164.55.

Boot Barn Trading Up 1.6 %

Boot Barn stock opened at $135.02 on Monday. Boot Barn Holdings, Inc. has a 12-month low of $68.37 and a 12-month high of $169.83. The stock has a market cap of $4.12 billion, a P/E ratio of 27.11 and a beta of 2.16. The company has a fifty day simple moving average of $152.89 and a 200-day simple moving average of $134.88.

Boot Barn (NYSE:BOOT) last released its quarterly earnings data on Monday, October 28th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.02. The business had revenue of $425.80 million for the quarter, compared to the consensus estimate of $424.42 million. Boot Barn had a return on equity of 15.89% and a net margin of 8.73%. The business’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.91 EPS. As a group, sell-side analysts forecast that Boot Barn Holdings, Inc. will post 5.48 earnings per share for the current fiscal year.

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.