Boston Partners Acquires 173,057 Shares of Sportsman’s Warehouse Holdings, Inc. (SPWH)

Boston Partners boosted its position in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 6.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,740,624 shares of the company’s stock after acquiring an additional 173,057 shares during the period. Boston Partners owned 6.57% of Sportsman’s Warehouse Holdings worth $12,360,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Franklin Resources Inc. grew its stake in Sportsman’s Warehouse Holdings by 2.3% during the second quarter. Franklin Resources Inc. now owns 4,577,661 shares of the company’s stock valued at $24,720,000 after acquiring an additional 103,548 shares in the last quarter. Vanguard Group Inc. grew its stake in Sportsman’s Warehouse Holdings by 14.4% during the first quarter. Vanguard Group Inc. now owns 1,315,965 shares of the company’s stock valued at $6,290,000 after acquiring an additional 165,638 shares in the last quarter. Boston Private Wealth LLC purchased a new position in Sportsman’s Warehouse Holdings during the second quarter valued at approximately $6,750,000. Dimensional Fund Advisors LP grew its stake in Sportsman’s Warehouse Holdings by 55.7% during the second quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock valued at $5,214,000 after acquiring an additional 345,564 shares in the last quarter. Finally, CWH Capital Management Inc. grew its stake in Sportsman’s Warehouse Holdings by 2.7% during the second quarter. CWH Capital Management Inc. now owns 809,145 shares of the company’s stock valued at $4,369,000 after acquiring an additional 21,375 shares in the last quarter. 94.98% of the stock is owned by institutional investors.

In other news, insider Jon Barker purchased 14,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was bought at an average cost of $4.13 per share, for a total transaction of $57,820.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.15% of the company’s stock.

Several brokerages recently commented on SPWH. MKM Partners reaffirmed a “buy” rating and set a $7.00 price objective on shares of Sportsman’s Warehouse Holdings in a research note on Wednesday, August 16th. DA Davidson reissued a “buy” rating and issued a $8.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Tuesday, August 15th. Piper Jaffray Companies reissued a “hold” rating and issued a $6.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Sunday, October 1st. Ifs Securities reissued a “market perform” rating and issued a $5.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Friday, September 15th. Finally, Robert W. Baird reissued a “buy” rating and issued a $7.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Thursday, September 21st. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $6.81.

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Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) opened at $3.88 on Wednesday. Sportsman’s Warehouse Holdings, Inc. has a 1-year low of $3.40 and a 1-year high of $9.86. The company has a current ratio of 1.42, a quick ratio of 0.05 and a debt-to-equity ratio of 4.06. The company has a market cap of $161.80, a price-to-earnings ratio of 6.67, a P/E/G ratio of 0.61 and a beta of -0.82.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last posted its quarterly earnings results on Thursday, August 17th. The company reported $0.15 EPS for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.02. Sportsman’s Warehouse Holdings had a net margin of 2.94% and a return on equity of 90.52%. The company had revenue of $191.50 million during the quarter, compared to analyst estimates of $191.28 million. During the same period in the prior year, the business posted $0.20 EPS. The firm’s revenue was up .9% compared to the same quarter last year. equities analysts anticipate that Sportsman’s Warehouse Holdings, Inc. will post 0.62 earnings per share for the current fiscal year.

Sportsman’s Warehouse Holdings Company Profile

Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.

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Institutional Ownership by Quarter for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

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