BNP Paribas Financial Markets grew its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 0.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 51,795 shares of the sporting goods retailer’s stock after buying an additional 259 shares during the quarter. BNP Paribas Financial Markets’ holdings in DICK’S Sporting Goods were worth $10,810,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of DKS. Janus Henderson Group PLC increased its holdings in shares of DICK’S Sporting Goods by 2.3% in the 1st quarter. Janus Henderson Group PLC now owns 6,948 shares of the sporting goods retailer’s stock valued at $1,562,000 after purchasing an additional 153 shares in the last quarter. Swedbank AB acquired a new position in DICK’S Sporting Goods during the first quarter worth about $1,670,000. Cetera Investment Advisers purchased a new position in DICK’S Sporting Goods in the first quarter valued at about $1,697,000. GAMMA Investing LLC lifted its position in shares of DICK’S Sporting Goods by 18.9% during the 2nd quarter. GAMMA Investing LLC now owns 962 shares of the sporting goods retailer’s stock valued at $207,000 after acquiring an additional 153 shares during the period. Finally, Massmutual Trust Co. FSB ADV boosted its stake in shares of DICK’S Sporting Goods by 141.9% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 208 shares of the sporting goods retailer’s stock worth $45,000 after acquiring an additional 122 shares in the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.
DICK’S Sporting Goods Stock Performance
NYSE DKS opened at $207.24 on Monday. The business’s 50-day moving average price is $205.65 and its 200 day moving average price is $210.85. The company has a current ratio of 1.72, a quick ratio of 0.69 and a debt-to-equity ratio of 0.48. DICK’S Sporting Goods, Inc. has a twelve month low of $126.24 and a twelve month high of $239.30. The company has a market capitalization of $16.87 billion, a PE ratio of 14.81, a price-to-earnings-growth ratio of 2.36 and a beta of 1.64.
DICK’S Sporting Goods Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.10 per share. The ex-dividend date is Friday, December 13th. This represents a $4.40 annualized dividend and a dividend yield of 2.12%. DICK’S Sporting Goods’s dividend payout ratio is presently 31.45%.
Analyst Ratings Changes
Several equities analysts recently weighed in on DKS shares. Wells Fargo & Company dropped their price objective on DICK’S Sporting Goods from $230.00 to $227.00 and set an “equal weight” rating for the company in a research note on Monday, August 12th. Bank of America lifted their price target on DICK’S Sporting Goods from $240.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $260.00 price objective on shares of DICK’S Sporting Goods in a research note on Tuesday, November 26th. Loop Capital lifted their target price on shares of DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “hold” rating in a research report on Wednesday, November 27th. Finally, TD Cowen upped their price target on shares of DICK’S Sporting Goods from $266.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $244.95.
Check Out Our Latest Stock Report on DICK’S Sporting Goods
DICK’S Sporting Goods Profile
DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.
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