Janus Henderson Group PLC Has $759,000 Stake in Franklin Covey Co. (NYSE:FC)

Janus Henderson Group PLC raised its position in Franklin Covey Co. (NYSE:FC) by 5.5% in the third quarter, HoldingsChannel.com reports. The fund owned 18,458 shares of the business services provider’s stock after purchasing an additional 964 shares during the quarter. Janus Henderson Group PLC’s holdings in Franklin Covey were worth $759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of FC. B. Riley Wealth Advisors Inc. bought a new stake in Franklin Covey in the 2nd quarter valued at $17,022,000. Cornercap Investment Counsel Inc. acquired a new position in Franklin Covey in the 2nd quarter valued at $490,000. Harbor Capital Advisors Inc. boosted its position in shares of Franklin Covey by 137.2% in the third quarter. Harbor Capital Advisors Inc. now owns 242,953 shares of the business services provider’s stock valued at $9,993,000 after acquiring an additional 140,537 shares during the period. Creative Planning acquired a new position in shares of Franklin Covey in the third quarter valued at about $301,000. Finally, Millennium Management LLC raised its position in shares of Franklin Covey by 13.5% in the second quarter. Millennium Management LLC now owns 150,223 shares of the business services provider’s stock valued at $5,708,000 after buying an additional 17,909 shares in the last quarter. Institutional investors own 69.88% of the company’s stock.

Analysts Set New Price Targets

FC has been the subject of a number of analyst reports. StockNews.com raised Franklin Covey from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. Barrington Research restated an “outperform” rating and issued a $45.00 target price on shares of Franklin Covey in a research report on Thursday, November 7th.

Franklin Covey Price Performance

Shares of FC stock opened at $36.35 on Friday. Franklin Covey Co. has a twelve month low of $33.75 and a twelve month high of $44.96. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $38.53 and a 200 day simple moving average of $38.80. The company has a market cap of $479.24 million, a P/E ratio of 20.89, a P/E/G ratio of 1.36 and a beta of 1.20.

Franklin Covey (NYSE:FC) last posted its quarterly earnings results on Wednesday, November 6th. The business services provider reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.07. The company had revenue of $84.12 million for the quarter, compared to the consensus estimate of $80.38 million. Franklin Covey had a net margin of 8.15% and a return on equity of 31.28%. On average, sell-side analysts forecast that Franklin Covey Co. will post 1.36 EPS for the current fiscal year.

Franklin Covey Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.