19,858 Shares in Big 5 Sporting Goods Co. (NASDAQ:BGFV) Acquired by Jenkins Wealth

Jenkins Wealth acquired a new position in Big 5 Sporting Goods Co. (NASDAQ:BGFV – Get Rating) during the fourth quarter, according to the company’s recent Form 13F filing with the Securities and Exchange Commission (SEC). The company bought 19,858 shares of the company’s stock for approximately $175,000. Jenkins Wealth owned about 0.09% of the Big 5 sporting goods, as of its most recent filing with the Securities and Exchange Commission (SEC).

→ Unusual passive income investment (found on a golf course) (By Oxford Club)

Several other hedge funds have also changed their stock holdings. Vanguard Group Inc. increased its position in Big 5 Sporting Goods by 2.0% in the first quarter. Vanguard Group Inc. now owns 1,102,764 shares of the company’s stock valued at $18,913,000 after purchasing an additional 21,192 shares last quarter. State Street Corp increased its position in Big 5 sporting goods by 6.2% in the first quarter. State Street Corp now owns 733,624 shares of the company’s stock valued at $12,582,000 after purchasing an additional 42,894 shares last quarter. Goldman Sachs Group Inc. increased its position in Big 5 sporting goods by 59.0% in the second quarter. Goldman Sachs Group Inc. now owns 459,766 shares of the company’s stock valued at $5,154,000 after purchasing an additional 170,545 shares last quarter. Bank of New York Mellon Corp increased its position in Big 5 sporting goods by 0.8% in the third quarter. Bank of New York Mellon Corp now owns 450,113 shares of the company’s stock valued at $4,835,000 after purchasing an additional 3,688 shares last quarter. Finally, Cambria Investment Management LP increased its position in Big 5 sporting goods by 8.4% in the third quarter. Cambria Investment Management LP now owns 341,771 shares of the company’s stock valued at $3,671,000 after purchasing an additional 26,370 shares last quarter. 45.98% of the shares are owned by institutional investors and hedge funds.

Analysts set new price targets

A number of research analysts have rated BGFV stocks. StockNews.com began reporting shares of Big 5 Sporting Goods in a research report on Thursday. You give the stock a “hold” rating. TheStreet downgraded shares of Big 5 Sporting Goods from a “b-” rating to a “c” rating in a research report on Wednesday, March 1.

insider activity

In other news, VP Shane O. Starr sold 5,250 shares of Big 5 Sporting Goods in a transaction that took place on Wednesday, March 8th. The shares sold at an average price of $9.00 for a total transaction of $47,250.00. Following the sale, the vice president now owns 14,950 shares of the company, valued at $134,550. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC’s website. Insiders own 4.90% of the company’s shares.

Big 5 sporting goods retail down 4.2%

BGFV opened at $7.53 on Friday. The company has a market cap of $167.02 million, a P/E of 6.33 and a beta of 2.71. The company’s 50-day moving average is $9.41 and its 200-day moving average is $10.68. Big 5 Sporting Goods Co. has a 52-week low of $7.47 and a 52-week high of $19.60. The company has a quick ratio of 0.26, a current ratio of 1.69 and a debt to equity ratio of 0.03.

Big 5 Sporting Goods announce dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 24th. Shareholders of record on Friday, March 10 will receive a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, March 9th. That equates to a dividend of $1.00 on an annualized basis and a dividend yield of 13.28%. The Big 5 Sporting Goods payout ratio is currently 84.03%.

Big 5 sporting goods company profile

(received rating)

Big 5 Sporting Goods Corp. acts as a holding company. The object of the company is the retail sale of sporting goods. Products include athletic footwear, apparel and accessories, as well as outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports.

See also

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