Big 5 Sporting Goods Co. (NASDAQ:BGFV) Shares Bought by KBC Group NV
KBC Group NV increased its position in shares of Big 5 Sporting Goods Co. (NASDAQ:BGFV – Get Rating) by 156.8% in the first quarter, according to its recent filing with the Securities & Exchange Commission. The fund owned 6,449 shares of the company after purchasing an additional 3,938 shares during the quarter. KBC Group NV’s stocks of Big 5 Sporting Goods were worth $111,000 at the end of the last quarter.
Other hedge funds and other institutional investors have also changed their positions in the company. Quantedge Capital Pte Ltd increased its position in Big 5 Sporting Goods by 382.9% in the fourth quarter. Quantedge Capital Pte Ltd now owns 124,100 shares of the company valued at $2,360,000 after purchasing an additional 98,400 shares in the last quarter. American Century Companies Inc. increased its stake in Big 5 Sporting Goods by 32.9% in the fourth quarter. American Century Companies Inc. now owns 116,291 shares of the company’s stock valued at $2,211,000 after purchasing an additional 28,805 shares last quarter. Hussman Strategic Advisors Inc. increased its stake in Big 5 Sporting Goods by 300.0% in the first quarter. Hussman Strategic Advisors Inc. now owns 104,000 shares of the company’s stock valued at $1,784,000 after purchasing an additional 78,000 shares last quarter. Victory Capital Management Inc. increased its holdings in Big 5 Sporting Goods by 22.3% in the fourth quarter. Victory Capital Management Inc. now owns 100,772 shares of the company’s stock valued at $1,916,000 after purchasing an additional 18,376 shares last quarter. Finally, Hound Partners LLC acquired a new position in Big 5 Sporting Goods valued at $1,901,000 during the fourth quarter. Institutional investors and hedge funds own 51.78% of the company’s shares.
insider activity
In other Big 5 Sporting Goods news, Vice President Shane O. Starr sold 3,135 shares of the company’s stock in a transaction on Friday, May 13. The stock sold at an average price of $13.72 for a total value of $43,012.20. Following the sale, the VP now directly owns 14,950 shares of the company, valued at approximately $205,114. The sale was disclosed in a filing with the SEC, which can be accessed at this link. Company insiders own 7.90% of the company’s shares.
Stock performance of the Big 5 sporting goods
NASDAQ:BGFV opened at $12.34 on Thursday. The company has a gearing ratio of 0.02, a current ratio of 1.54 and a quick ratio of 0.26. The company has a market cap of $273.65 million, a P/E of 4.44 and a beta of 2.63. The company has a 50-day simple moving average of $11.89 and a 200-day simple moving average of $14.63. Big 5 Sporting Goods Co. has a 1-year low of $10.39 and a 1-year high of $47.65.
Big 5 Sporting Goods announce dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, September 1 will receive a dividend of $0.25 per share. This equates to an annualized dividend of $1.00 and a dividend yield of 8.10%. The ex-dividend date of this dividend is Wednesday August 31st. The Big 5 Sporting Goods Dividend Payout Ratio (DPR) is 35.97%.
Wall Street analysts forecast growth
Separately, StockNews.com downgraded Big 5 Sporting Goods from a “buy” rating to a “hold” rating in a research note on Thursday, May 5.
Big 5 sporting goods profile
(received rating)
Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The Company’s products include athletic shoes, apparel and accessories. It also offers a selection of outdoor and sports equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation and home recreation.
Selected items
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