DICK’S Sporting Goods, Inc. is now owned by Coldstream Capital Management Inc. (NYSE:DKS)
According to the most recent disclosure filed with the Securities and Exchange Commission, Coldstream Capital Management INC made a new investment in Dick’s Sporting Goods, INC (NYSE:DKS) during the fourth quarter.
The Company acquired 9,329 shares of the sporting goods retailer for approximately $1,122,000.
There have been several other significant investors who have reduced their DKS holdings.
During the third quarter, Symmetry Partners LLC increased its stake in Dick’s Sporting Goods by 1.1%.
After acquiring an additional 92 shares last quarter, Symmetry Partners LLC now owns 8,648 shares of the sporting goods retailer, valued at $905,000.
The company had previously acquired 8,648 shares.
In the third quarter, Chambersburg, Pennsylvania-based Farmers & Merchants Trust Co increased its stake in Dick’s Sporting Goods by 0.5 percent.
Farmers & Merchants Trust Co of Chambersburg, Pennsylvania, now owns 23,629 shares of the sporting goods retailer, valued at $2,473,000, after purchasing 106 additional shares last quarter.
During the third quarter, Cullen Frost Bankers INC increased its holdings in Dick’s Sporting Goods by 26.0%. After acquiring 130 additional shares last quarter, Cullen Frost Bankers INC now owns 630 shares of the sporting goods retailer, valued at $66,000.
During the third quarter, Foster & Motley INC increased its holdings in Dick’s Sporting Goods by 0.3%.
Following 154 additional share purchases last quarter, Foster & Motley INC now owns 48,668 shares of the sporting goods retailer, valued at $5,093,000. Finally, Beaumont Financial Partners LLC increased the percentage of shares of Dick’s Sporting Goods it owns by 0.7% during the third quarter.
Beaumont Financial Partners LLC currently owns 27,587 shares of the sporting goods retailer for $2,887,000 after acquiring an additional 182 shares in the prior quarter.
Institutional investors and hedge funds together hold 75.08 percent of the company’s outstanding shares.
On Friday, the NYSE DKS opened at $144.66.
There is a debt to equity ratio of 0.61, a quick ratio of 0.81, a current ratio of 1.88 and a debt to equity ratio of 0.81.
The company has a beta of 1.41, a market cap of $11.46 billion, a P/E of 13.43, a PEG ratio of 2.00 and a PEG growth ratio of 2.00.
The stock has a fifty-day simple moving average of $132.39 and a past 200-day simple moving average of $119.56.
Dick’s Sporting Goods, INC hit a 52-week low of $63.45 and a 52-week high of $152.61 for the year.
On Tuesday, March 7th, Dick’s Sporting Goods (NYSE: DKS) announced its earnings to the public.
The sporting goods retailer reported earnings per share of $2.93 for the quarter, which was $0.07 better than analysts had expected of $2.86.
Revenue for the quarter was $3.60 billion, up from the $3.45 billion analysts had forecast.
Return on equity for Dick’s Sporting Goods was 45.97% and the company’s net margin was 8.43%.
The company’s quarterly revenue annual growth rate was 7.3% year over year. For the same period last year, the company earned $3.64 per share. Sell-side analysts are predicting that Dick’s Sporting Goods, INC will post earnings of 13.51 cents per share for the current fiscal year.
Additionally, the company just announced a quarterly dividend, which is expected to be paid on March 31. On Friday, March 17, shareholders of record will be entitled to dividend payments of one dollar per share.
The previous quarterly dividend paid by Dick’s Sporting Goods was $0.49; therefore this is an increase of that amount.
The ex-dividend date for this dividend is March 16th.
That equates to a dividend payment of $4 per year and a yield of 2.77%. Currently, 18.11 percent of Dick’s Sporting Goods dividends are paid to shareholders.
Several different analysts have recently issued reports on DKS stocks.
Loop Capital raised its price target on Dick’s Sporting Goods to $150.00 from $130.00 and gave the stock a “hold” rating in a report released Thursday, March 9. StockNews.com began publishing a report on the company on Thursday.
They recommended that shareholders hold on to the shares.
Dick’s Sporting Goods was ordered by Bank of America in a statement Wednesday, March 8th.
The price target was raised from $145.00 to $170.00.
Telsey Advisory Group maintained its “outperform” rating and set a target price of $165.00 for shares of Dick’s Sporting Goods in a research report published on Friday.
Last but not least, Williams Trading lowered its recommendation on Dick’s Sporting Goods from a buy to a ho in a research report published on Monday, February 13th.