FS Capital Partners VI LLC maintained its stake in Boot Barn Holdings Inc. (NYSE:BOOT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,435,387 shares of the company’s stock at the end of the second quarter. Boot Barn Holdings makes up 100.0% of FS Capital Partners VI LLC’s investment portfolio, making the stock its largest position. FS Capital Partners VI LLC owned 0.51% of Boot Barn Holdings worth $115,813,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Renaissance Technologies LLC purchased a new position in shares of Boot Barn Holdings during the first quarter worth approximately $133,000. Bayesian Capital Management LP purchased a new position in shares of Boot Barn Holdings during the first quarter worth approximately $138,000. Bank of Montreal Can purchased a new position in shares of Boot Barn Holdings during the second quarter worth approximately $149,000. BlackRock Inc. raised its position in shares of Boot Barn Holdings by 10,667.2% in the first quarter. BlackRock Inc. now owns 30,902 shares of the company’s stock worth $291,000 after buying an additional 30,615 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Boot Barn Holdings by 29.7% in the first quarter. Geode Capital Management LLC now owns 93,926 shares of the company’s stock worth $881,000 after buying an additional 21,503 shares during the last quarter.
Shares of Boot Barn Holdings Inc. (NYSE:BOOT) traded up 0.09% during mid-day trading on Thursday, reaching $11.01. The company had a trading volume of 171,732 shares. The firm has a market capitalization of $290.80 million, a price-to-earnings ratio of 35.40 and a beta of 1.48. Boot Barn Holdings Inc. has a one year low of $5.20 and a one year high of $18.74. The stock has a 50 day moving average of $11.59 and a 200-day moving average of $9.33.
Boot Barn Holdings (NYSE:BOOT) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. Boot Barn Holdings had a net margin of 1.36% and a return on equity of 10.44%. The company had revenue of $133.40 million for the quarter, compared to analysts’ expectations of $130.73 million. During the same quarter in the previous year, the firm posted $0.11 earnings per share. Boot Barn Holdings’s revenue for the quarter was up 39.0% on a year-over-year basis. Equities analysts predict that Boot Barn Holdings Inc. will post $0.68 EPS for the current year.
A number of brokerages have commented on BOOT. B. Riley reiterated a “neutral” rating and issued a $12.00 price objective on shares of Boot Barn Holdings in a research report on Friday, September 9th. Citigroup Inc. decreased their price objective on Boot Barn Holdings from $11.00 to $9.00 and set a “neutral” rating on the stock in a research report on Tuesday. Zacks Investment Research lowered Boot Barn Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday. Jefferies Group raised their price target on Boot Barn Holdings from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, July 27th. Finally, JPMorgan Chase & Co. reduced their price target on Boot Barn Holdings from $10.00 to $7.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 27th. Eight analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $10.33.
Boot Barn Holdings Company Profile
Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.
Want to see what other hedge funds are holding BOOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boot Barn Holdings Inc. (NYSE:BOOT).
Receive News & Ratings for Boot Barn Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boot Barn Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.