Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Sold by Intrust Bank NA

Intrust Bank NA cut its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 2.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,549 shares of the company’s stock after selling 106 shares during the period. Intrust Bank NA’s holdings in Boot Barn were worth $691,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Orion Portfolio Solutions LLC purchased a new stake in Boot Barn in the 4th quarter worth $291,000. Norges Bank acquired a new stake in shares of Boot Barn in the fourth quarter valued at about $10,359,000. Blair William & Co. IL increased its stake in shares of Boot Barn by 203.3% during the fourth quarter. Blair William & Co. IL now owns 3,989 shares of the company’s stock worth $606,000 after purchasing an additional 2,674 shares in the last quarter. Howe & Rusling Inc. raised its position in shares of Boot Barn by 8.5% during the 4th quarter. Howe & Rusling Inc. now owns 2,567 shares of the company’s stock worth $390,000 after purchasing an additional 201 shares during the last quarter. Finally, EFG Asset Management North America Corp. lifted its stake in Boot Barn by 22.8% in the 4th quarter. EFG Asset Management North America Corp. now owns 23,318 shares of the company’s stock valued at $3,533,000 after buying an additional 4,335 shares in the last quarter.

Wall Street Analyst Weigh In

Several research firms have commented on BOOT. KeyCorp raised Boot Barn from a “sector weight” rating to an “overweight” rating and set a $190.00 target price for the company in a report on Thursday, January 23rd. Craig Hallum set a $178.00 price objective on Boot Barn in a research note on Friday, January 31st. UBS Group lowered 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. BTIG Research increased their target price on shares of Boot Barn from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Boot Barn from $200.00 to $209.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.92.

Boot Barn Stock Down 2.9 %

NYSE:BOOT opened at $104.13 on Friday. Boot Barn Holdings, Inc. has a 52 week low of $95.28 and a 52 week high of $176.64. The stock’s fifty day moving average is $129.91 and its two-hundred day moving average is $143.48. The company has a market capitalization of $3.19 billion, a P/E ratio of 18.59, a P/E/G ratio of 1.17 and a beta of 2.07.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings data on Thursday, January 30th. The company reported $2.43 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts anticipate that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Insider Transactions at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total value of $965,456.78. Following the sale, the chief executive officer now owns 3,937 shares in the company, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.00% of the company’s stock.

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.