Hibbett Sports, Inc. (HIBB) Stake Decreased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC decreased its position in shares of Hibbett Sports, Inc. (NASDAQ:HIBB) by 4.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 249,344 shares of the company’s stock after selling 11,401 shares during the period. Segall Bryant & Hamill LLC owned about 1.21% of Hibbett Sports worth $3,553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in shares of Hibbett Sports by 63.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,312,080 shares of the company’s stock worth $27,226,000 after buying an additional 511,443 shares in the last quarter. State Street Corp increased its holdings in shares of Hibbett Sports by 10.4% in the second quarter. State Street Corp now owns 791,812 shares of the company’s stock valued at $16,428,000 after purchasing an additional 74,526 shares in the last quarter. Oak Ridge Investments LLC increased its holdings in shares of Hibbett Sports by 2.5% in the second quarter. Oak Ridge Investments LLC now owns 731,815 shares of the company’s stock valued at $15,185,000 after purchasing an additional 17,899 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Hibbett Sports in the second quarter valued at approximately $15,077,000. Finally, Nordea Investment Management AB increased its holdings in shares of Hibbett Sports by 74.6% in the second quarter. Nordea Investment Management AB now owns 651,637 shares of the company’s stock valued at $13,521,000 after purchasing an additional 278,395 shares in the last quarter.

Shares of Hibbett Sports, Inc. (HIBB) opened at $20.15 on Monday. The company has a market cap of $413.88, a price-to-earnings ratio of 11.65, a P/E/G ratio of 6.24 and a beta of 0.96. Hibbett Sports, Inc. has a 52-week low of $9.40 and a 52-week high of $43.10.

Hibbett Sports (NASDAQ:HIBB) last posted its quarterly earnings data on Friday, November 17th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.22 by $0.15. Hibbett Sports had a net margin of 3.94% and a return on equity of 11.38%. The business had revenue of $237.80 million for the quarter, compared to analysts’ expectations of $219.38 million. During the same period in the previous year, the firm posted $0.66 EPS. The firm’s revenue was up .3% compared to the same quarter last year. equities analysts predict that Hibbett Sports, Inc. will post 1.5 EPS for the current year.

A number of brokerages recently weighed in on HIBB. ValuEngine raised shares of Hibbett Sports from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. TheStreet raised shares of Hibbett Sports from a “d+” rating to a “c” rating in a report on Tuesday, November 21st. Zacks Investment Research lowered shares of Hibbett Sports from a “buy” rating to a “hold” rating in a report on Thursday, November 23rd. Buckingham Research lowered shares of Hibbett Sports from a “neutral” rating to an “underperform” rating and set a $13.00 target price for the company. in a report on Tuesday, November 21st. Finally, Susquehanna Bancshares reaffirmed a “buy” rating and set a $21.00 target price on shares of Hibbett Sports in a report on Monday, November 20th. Five investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, five have assigned a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $21.12.

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Hibbett Sports Profile

Hibbett Sports, Inc operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states.

Institutional Ownership by Quarter for Hibbett Sports (NASDAQ:HIBB)

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