Dimensional Fund Advisors LP Sells 253,690 Shares of Big 5 Sporting Goods Co. (NASDAQ:BGFV)

Dimensional Fund Advisors LP cut its position in Big 5 Sporting Goods Co. (NASDAQ:BGFV) by 33.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 507,480 shares of the company’s stock after selling 253,690 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Big 5 Sporting Goods were worth $1,502,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Big 5 Sporting Goods by 0.7% during the first quarter. Vanguard Group Inc. now owns 1,147,633 shares of the company’s stock worth $4,040,000 after purchasing an additional 8,139 shares during the period. Gamco Investors INC. ET AL increased its stake in Big 5 Sporting Goods by 27.5% during the 1st quarter. Gamco Investors INC. ET AL now owns 280,600 shares of the company’s stock worth $988,000 after purchasing an additional 60,600 shares in the last quarter. American Century Companies Inc. raised its holdings in Big 5 Sporting Goods by 4.9% during the 2nd quarter. American Century Companies Inc. now owns 238,003 shares of the company’s stock worth $704,000 after buying an additional 11,185 shares during the period. Kingsview Wealth Management LLC lifted its stake in Big 5 Sporting Goods by 324.7% in the first quarter. Kingsview Wealth Management LLC now owns 138,874 shares of the company’s stock valued at $489,000 after buying an additional 106,175 shares in the last quarter. Finally, Gabelli Funds LLC boosted its holdings in shares of Big 5 Sporting Goods by 20.0% in the first quarter. Gabelli Funds LLC now owns 120,000 shares of the company’s stock valued at $422,000 after buying an additional 20,000 shares during the period. 41.98% of the stock is owned by institutional investors.

Big 5 Sporting Goods Trading Up 3.5 %

Shares of NASDAQ:BGFV opened at $2.08 on Friday. The firm has a market cap of $47.06 million, a price-to-earnings ratio of -2.89 and a beta of 2.31. Big 5 Sporting Goods Co. has a 12 month low of $1.45 and a 12 month high of $8.04. The company’s fifty day simple moving average is $1.91 and its 200 day simple moving average is $2.69. The company has a quick ratio of 0.13, a current ratio of 1.44 and a debt-to-equity ratio of 0.05.

Big 5 Sporting Goods (NASDAQ:BGFV) last released its quarterly earnings results on Tuesday, July 30th. The company reported ($0.46) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.48) by $0.02. The firm had revenue of $199.82 million for the quarter. Big 5 Sporting Goods had a negative return on equity of 10.53% and a negative net margin of 3.05%.

About Big 5 Sporting Goods

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.