DekaBank Deutsche Girozentrale Yazid Holdings at Academy Sports and Outdoors, Inc. (NASDAQ: ASO)


DekaBank Deutsche Girozentrale has grown its stake in Academy Sports and Outdoors, Inc. (NASDAQ: ASO – Get Rating) increased 26.5% during the first quarter, according to the company in its latest disclosure with the SEC. The fund owned 25,698 shares of the company’s stock after purchasing an additional 5,390 shares during the quarter. The value of DekaBank Deutsche Girozentrale’s holdings at the Academy Sports and Outdoors was $1,007,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. American Century Companies Inc. Its stake in shares of Academy Sports and Outdoors increased by 523.3% during the fourth quarter. American Century Companies Inc. Now 705,864 shares of the company’s stock are valued at $30,987,000 after purchasing an additional 592,619 shares during the period. Pacer Advisors Inc. acquired a new stake in shares of Academy Sports and Outdoors during the first quarter valued at approximately $19,856,000. Chimera Capital Management LLC acquired a new stake in shares of Academy Sports and Outdoors during the 4th quarter valued at approximately $15,246,000. Peregrine Capital Management LLC acquired a new stake in shares of Academy Sports and Outdoors during the first quarter valued at approximately $10,922,000. Finally, Thompson Siegel & Walmsley LLC acquired a new stake in shares of Academy Sports and Outdoors during the first quarter valued at approximately $10,875,000. Hedge funds and other institutional investors own 89.94% of the company’s stock.

Wall Street Analyst Weighs In

ASO has been the subject of a number of recent analyst reports. UBS Group lowered its price target for Academy Sports and Outdoors shares to $55.00 in a research report on Thursday, June 9th. Goldman Sachs Group lowered its price target for Academy Sports and Outdoors shares from $61.00 to $49.00 and assigned a “buy” rating to the company in a research report on Wednesday, May 4th. Loop Capital raised its price target on Academy Sports and Outdoors shares from $43.00 to $50.00 in a research report on Wednesday, March 30th. Trust Financial began covering the Sports and Outdoors Academy stakes in a research report on Wednesday, May 11. They issued a “buy” rating and a $53.00 price target for the company. Finally, Stephens raised his price target for Academy Sports and Outdoors shares from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, June 8. Twelve analysts rated the stock with a buy rating, according to data from MarketBeat.com, Academy Sports and Outdoors currently has a consensus rating of “buy” and an average price target of $55.08.

Academy trading in sports and outdoors decreased by 0.3%.

ASO shares opened at $43.45 on Friday. The company has a debt-to-equity ratio of 0.45, a trading ratio of 1.56 and a quick ratio of 0.44. The company has a 50-day simple moving average of $36.10 and a 200-day simple moving average of $36.79. Academy Sports and Outdoors, Inc. It has a one-year low of $25.10 and a one-year high of $51.08. The stock has a market capitalization of $3.70 billion, a price-earnings ratio of 6.23, a price-earnings ratio of 0.66 and a beta of 1.32.
Academy Sports and Outdoors (NASDAQ: ASO – Get Rating) released its latest quarterly earnings data on Tuesday, June 7. The company reported earnings of $1.73 per share for the quarter, topping analysts’ estimates of $1.41 by $0.32. Academy Sports and Outdoors generated a net profit margin of 9.66% and a return on equity of 47.24%. The company generated $1.47 billion in revenue for the quarter, compared to analysts’ expectations of $1.45 billion. During the same period last year, the company reported $1.89 earnings per share. The company’s revenue was down 7.1% year over year. Equity analysts expect Academy Sports and Outdoors, Inc. 7.05 earnings per share for the current fiscal year.

Announcing the dividends distribution of the Sports and Outdoors Academy

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 14th. A dividend was paid to shareholders of record on Thursday, June 16th of $0.075 per share. The dividend payout date was Wednesday, June 15th. This represents a dividend of $0.30 year-over-year and a dividend yield of 0.69%. The Academy Sports and Outdoors (DPR) dividend payout ratio is 4.30%.

About the Sports and Outdoors Academy Company

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Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a retailer of sporting and outdoor leisure products in the United States. The company sells coolers and drinkware, camping supplies, camping gear, sunglasses, backpacks, and sports bags; marine equipment, fishing rods, reels, baits and equipment; Firearms, ammunition, shooting and shooting equipment, camouflage clothing, waders, shooting accessories, optics, air rifles and hunting equipment; collegiate sports equipment, including baseball, soccer, basketball, soccer, golf, racquet sports, and volleyball; Fitness equipment and accessories, nutrition supplies; patio furniture, outdoor cooking, wheeled goods, trampoline, play sets, water sports, pet equipment, as well as electronic products, watches, consumables, batteries, etc.

in-depth reading

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Institutional Ownership by Quarter for the Academy of Sports and Outdoor Activities (NASDAQ: ASO)



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