Charles Schwab Investment Management Inc. Has $3.48 Million Position in Franklin Covey Co. (NYSE:FC)

Charles Schwab Investment Management Inc. boosted its stake in Franklin Covey Co. (NYSE:FC) by 0.6% in the fourth quarter, HoldingsChannel reports. The firm owned 92,692 shares of the business services provider’s stock after buying an additional 539 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Franklin Covey were worth $3,483,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Geode Capital Management LLC lifted its position in shares of Franklin Covey by 3.1% during the third quarter. Geode Capital Management LLC now owns 295,182 shares of the business services provider’s stock valued at $12,143,000 after purchasing an additional 8,888 shares in the last quarter. State Street Corp boosted its stake in Franklin Covey by 2.4% in the third quarter. State Street Corp now owns 255,328 shares of the business services provider’s stock valued at $10,502,000 after acquiring an additional 5,955 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Franklin Covey by 3.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 251,263 shares of the business services provider’s stock valued at $9,442,000 after acquiring an additional 8,310 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of Franklin Covey in the 4th quarter worth approximately $2,186,000. Finally, Dean Investment Associates LLC purchased a new stake in Franklin Covey in the third quarter worth $2,259,000. 69.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on FC shares. Barrington Research reaffirmed an “outperform” rating and set a $45.00 price target on shares of Franklin Covey in a research report on Friday, March 21st. StockNews.com lowered shares of Franklin Covey from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 13th.

Franklin Covey Price Performance

Shares of NYSE FC opened at $28.09 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.94 and a current ratio of 0.97. Franklin Covey Co. has a fifty-two week low of $27.80 and a fifty-two week high of $44.46. The stock has a market cap of $370.61 million, a PE ratio of 19.11, a price-to-earnings-growth ratio of 1.74 and a beta of 1.29. The stock has a fifty day moving average of $33.21 and a 200-day moving average of $36.45.

Franklin Covey (NYSE:FC) last released its quarterly earnings results on Wednesday, January 8th. The business services provider reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.13). Franklin Covey had a net margin of 6.85% and a return on equity of 25.23%. Equities research analysts anticipate that Franklin Covey Co. will post 0.97 earnings per share for the current year.

About Franklin Covey

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.