Dana Investment Advisors Inc. Has $2.01 Million Stock Position in Boot Barn Holdings, Inc. (NYSE:BOOT)

Dana Investment Advisors Inc. lessened its stake in Boot Barn Holdings, Inc. (NYSE:BOOT) by 0.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,247 shares of the company’s stock after selling 93 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Boot Barn were worth $2,011,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. increased its position in Boot Barn by 3.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,283 shares of the company’s stock valued at $382,000 after acquiring an additional 82 shares in the last quarter. Fisher Asset Management LLC increased its position in Boot Barn by 2.0% in the 3rd quarter. Fisher Asset Management LLC now owns 4,192 shares of the company’s stock valued at $701,000 after acquiring an additional 83 shares in the last quarter. Louisiana State Employees Retirement System increased its position in Boot Barn by 0.7% in the 4th quarter. Louisiana State Employees Retirement System now owns 14,800 shares of the company’s stock valued at $2,247,000 after acquiring an additional 100 shares in the last quarter. Arizona State Retirement System increased its position in Boot Barn by 1.1% in the 4th quarter. Arizona State Retirement System now owns 8,853 shares of the company’s stock valued at $1,344,000 after acquiring an additional 100 shares in the last quarter. Finally, Assetmark Inc. increased its position in Boot Barn by 45.2% in the 4th quarter. Assetmark Inc. now owns 363 shares of the company’s stock valued at $55,000 after acquiring an additional 113 shares in the last quarter.

Boot Barn Price Performance

Boot Barn stock opened at $108.61 on Friday. The company’s 50 day simple moving average is $146.05 and its 200 day simple moving average is $147.14. Boot Barn Holdings, Inc. has a fifty-two week low of $82.67 and a fifty-two week high of $176.64. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 1.17 and a beta of 2.07.

Boot Barn (NYSE:BOOT) last released its quarterly earnings data on Thursday, January 30th. The company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.38. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. As a group, analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

Insider Buying and Selling

In other Boot Barn news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total value of $965,456.78. Following the transaction, the chief executive officer now owns 3,937 shares of the company’s stock, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on BOOT shares. Robert W. Baird lowered their price objective on shares of Boot Barn from $190.00 to $155.00 and set an “outperform” rating for the company in a research report on Wednesday. UBS Group reduced their target price on shares of Boot Barn from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Monday, February 3rd. KeyCorp raised shares of Boot Barn from a “sector weight” rating to an “overweight” rating and set a $190.00 target price on the stock in a research note on Thursday, January 23rd. JPMorgan Chase & Co. raised their target price on shares of Boot Barn from $200.00 to $209.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Finally, BTIG Research raised their target price on shares of Boot Barn from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Monday, January 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Boot Barn currently has an average rating of “Moderate Buy” and a consensus price target of $181.92.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.