Boston Trust Walden Corp Acquires 3,214 Shares of Columbia Sportswear (NASDAQ:COLM)

Boston Trust Walden Corp grew its holdings in shares of Columbia Sportswear (NASDAQ:COLM) by 0.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,284,140 shares of the textile maker’s stock after purchasing an additional 3,214 shares during the period. Boston Trust Walden Corp’s holdings in Columbia Sportswear were worth $107,778,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of COLM. Sei Investments Co. boosted its holdings in Columbia Sportswear by 15.4% in the second quarter. Sei Investments Co. now owns 7,654 shares of the textile maker’s stock valued at $605,000 after acquiring an additional 1,024 shares during the last quarter. Algert Global LLC acquired a new stake in shares of Columbia Sportswear during the second quarter worth $286,000. Handelsbanken Fonder AB lifted its holdings in Columbia Sportswear by 18.5% in the third quarter. Handelsbanken Fonder AB now owns 10,258 shares of the textile maker’s stock valued at $853,000 after buying an additional 1,600 shares during the period. GAMMA Investing LLC boosted its position in Columbia Sportswear by 51.3% during the third quarter. GAMMA Investing LLC now owns 419 shares of the textile maker’s stock valued at $35,000 after acquiring an additional 142 shares during the last quarter. Finally, nVerses Capital LLC acquired a new stake in Columbia Sportswear during the 3rd quarter worth about $75,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

Columbia Sportswear Trading Down 2.3 %

NASDAQ COLM opened at $88.30 on Monday. The company has a market cap of $5.05 billion, a P/E ratio of 24.39, a PEG ratio of 3.32 and a beta of 0.93. The company has a fifty day simple moving average of $86.66 and a 200 day simple moving average of $82.97. Columbia Sportswear has a 12-month low of $73.04 and a 12-month high of $91.30.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. TD Cowen lifted their target price on Columbia Sportswear from $70.00 to $84.00 and gave the stock a “hold” rating in a report on Tuesday, November 26th. StockNews.com upgraded shares of Columbia Sportswear from a “hold” rating to a “buy” rating in a research report on Thursday, December 5th. Finally, Stifel Nicolaus raised their price target on shares of Columbia Sportswear from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th.

Columbia Sportswear Company Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.