Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Acquired by James Investment Research Inc.

James Investment Research Inc. lifted its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 11.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,703 shares of the company’s stock after buying an additional 1,429 shares during the quarter. James Investment Research Inc.’s holdings in Boot Barn were worth $2,080,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in BOOT. Stephens Investment Management Group LLC acquired a new position in Boot Barn in the fourth quarter worth $46,699,000. Artemis Investment Management LLP acquired a new position in shares of Boot Barn during the fourth quarter valued at $36,361,000. Jennison Associates LLC boosted its holdings in shares of Boot Barn by 92.3% during the fourth quarter. Jennison Associates LLC now owns 340,550 shares of the company’s stock valued at $51,702,000 after acquiring an additional 163,451 shares during the period. State Street Corp boosted its holdings in shares of Boot Barn by 4.4% during the third quarter. State Street Corp now owns 1,208,345 shares of the company’s stock valued at $202,132,000 after acquiring an additional 51,356 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Boot Barn by 56.5% during the third quarter. JPMorgan Chase & Co. now owns 141,305 shares of the company’s stock valued at $23,638,000 after acquiring an additional 51,032 shares during the period.

Boot Barn Trading Up 1.7 %

Shares of Boot Barn stock opened at $137.11 on Friday. The company’s 50-day moving average price is $152.41 and its two-hundred day moving average price is $147.65. Boot Barn Holdings, Inc. has a 52 week low of $82.67 and a 52 week high of $176.64. The stock has a market cap of $4.19 billion, a PE ratio of 24.48, a price-to-earnings-growth ratio of 1.25 and a beta of 2.10.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.43 EPS for the quarter, topping the consensus estimate of $2.05 by $0.38. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. On average, equities analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

Insiders Place Their Bets

In other Boot Barn news, CEO John Hazen sold 6,311 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the sale, the chief executive officer now owns 3,937 shares in the company, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BOOT shares. Bank of America boosted their price target on shares of Boot Barn from $187.00 to $192.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. Baird R W raised shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 30th. Benchmark reissued a “buy” rating and set a $192.00 price target on shares of Boot Barn in a report on Tuesday, October 29th. StockNews.com raised shares of Boot Barn from a “sell” rating to a “hold” rating in a report on Monday, February 3rd. Finally, Robert W. Baird raised shares of Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 price objective for the company in a report on Wednesday, October 30th. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Boot Barn has an average rating of “Moderate Buy” and an average price target of $181.58.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.