Franklin Covey Co. (NYSE:FC) Shares Acquired by Millennium Management LLC

Millennium Management LLC raised its holdings in shares of Franklin Covey Co. (NYSE:FC) by 13.5% during the second quarter, HoldingsChannel.com reports. The firm owned 150,223 shares of the business services provider’s stock after buying an additional 17,909 shares during the period. Millennium Management LLC’s holdings in Franklin Covey were worth $5,708,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FC. Allspring Global Investments Holdings LLC acquired a new position in shares of Franklin Covey during the first quarter worth $59,000. Mather Group LLC. acquired a new position in shares of Franklin Covey during the first quarter worth $73,000. O Keefe Stevens Advisory Inc. acquired a new position in shares of Franklin Covey during the second quarter worth $202,000. Lazard Asset Management LLC increased its position in shares of Franklin Covey by 92.7% during the first 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 in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Franklin Covey during the second quarter worth $226,000. 69.88% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on FC shares. Roth Mkm reissued a “buy” rating and set a $50.00 price objective on shares of Franklin Covey in a report on Thursday, June 27th. StockNews.com raised 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 issued a $45.00 target price on shares of Franklin Covey in a research report on Thursday, June 27th.

Franklin Covey Price Performance

NYSE FC opened at $40.79 on Friday. The stock’s fifty day moving average price is $39.84 and its 200 day moving average price is $38.89. The company has a market cap of $533.94 million, a price-to-earnings ratio of 30.49, a PEG ratio of 0.96 and a beta of 1.24. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.85. Franklin Covey Co. has a 1 year low of $32.19 and a 1 year high of $44.96.

Franklin Covey Company 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.