Sportsman’s Warehouse Holdings Inc (SPWH) Shares Bought by Geode Capital Management LLC

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Geode Capital Management LLC raised its position in shares of Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) by 8.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 441,996 shares of the company’s stock after acquiring an additional 35,013 shares during the quarter. Geode Capital Management LLC’s holdings in Sportsman’s Warehouse were worth $1,935,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Prudential Financial Inc. boosted its position in Sportsman’s Warehouse by 1.3% during the fourth quarter. Prudential Financial Inc. now owns 155,896 shares of the company’s stock valued at $683,000 after acquiring an additional 2,046 shares during the last quarter. First Trust Advisors LP boosted its position in Sportsman’s Warehouse by 18.7% during the fourth quarter. First Trust Advisors LP now owns 68,108 shares of the company’s stock valued at $298,000 after acquiring an additional 10,717 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in Sportsman’s Warehouse by 64.6% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,450 shares of the company’s stock valued at $160,000 after acquiring an additional 14,300 shares during the last quarter. Teachers Advisors LLC boosted its position in Sportsman’s Warehouse by 21.9% during the third quarter. Teachers Advisors LLC now owns 83,562 shares of the company’s stock valued at $489,000 after acquiring an additional 14,998 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in Sportsman’s Warehouse by 46.9% during the fourth quarter. Rhumbline Advisers now owns 47,623 shares of the company’s stock valued at $209,000 after acquiring an additional 15,195 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have commented on SPWH. Zacks Investment Research raised shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Friday, April 12th. ValuEngine cut shares of Sportsman’s Warehouse from a “sell” rating to a “strong sell” rating in a research report on Wednesday. Finally, BidaskClub cut shares of Sportsman’s Warehouse from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $7.56.

SPWH stock opened at $4.41 on Friday. The stock has a market cap of $188.68 million, a PE ratio of 7.35, a P/E/G ratio of 0.76 and a beta of 0.04. The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 0.35. Sportsman’s Warehouse Holdings Inc has a 1 year low of $4.04 and a 1 year high of $6.69.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its quarterly earnings data on Thursday, March 28th. The company reported $0.25 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.25. The company had revenue of $242.70 million for the quarter, compared to analysts’ expectations of $242.43 million. Sportsman’s Warehouse had a net margin of 2.80% and a return on equity of 41.69%. The business’s revenue for the quarter was down .2% compared to the same quarter last year. As a group, sell-side analysts expect that Sportsman’s Warehouse Holdings Inc will post 0.58 EPS for the current fiscal year.

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Sportsman’s Warehouse Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.

Further Reading: Real Estate Investment Trust (REIT) ETF

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

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