Franklin Covey Co. (NYSE:FC) Shares Bought by O Keefe Stevens Advisory Inc.

O Keefe Stevens Advisory Inc. lifted its position in shares of Franklin Covey Co. (NYSE:FC) by 30.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,954 shares of the business services provider’s stock after purchasing an additional 1,629 shares during the period. O Keefe Stevens Advisory Inc.’s holdings in Franklin Covey were worth $286,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new position in Franklin Covey during the first quarter valued at approximately $59,000. Mather Group LLC. acquired a new position in shares of Franklin Covey during the 1st quarter valued at $73,000. Lazard Asset Management LLC boosted its position in Franklin Covey by 92.7% during the 1st quarter. Lazard Asset Management LLC now owns 5,612 shares of the business services provider’s stock worth $220,000 after purchasing an additional 2,699 shares during the period. Cubist Systematic Strategies LLC purchased a new position in Franklin Covey in the second quarter valued at about $226,000. Finally, State Board of Administration of Florida Retirement System acquired a new position in shares of Franklin Covey during the first quarter worth about $241,000. 69.88% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on FC. Roth Mkm reiterated a “buy” rating and issued a $50.00 target price on shares of Franklin Covey in a research note on Thursday, June 27th. StockNews.com raised shares of Franklin Covey from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 24th. Finally, Barrington Research reissued an “outperform” rating and set a $45.00 target price on shares of Franklin Covey in a research report on Thursday, June 27th.

Franklin Covey Stock Down 1.4 %

Shares of NYSE FC opened at $40.25 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.85 and a current ratio of 0.88. Franklin Covey Co. has a 1 year low of $32.19 and a 1 year high of $44.96. The stock’s 50-day simple moving average is $39.96 and its 200-day simple moving average is $38.88. The firm has a market cap of $527.03 million, a price-to-earnings ratio of 30.04, a PEG ratio of 0.98 and a beta of 1.24.

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.