First Trust Advisors LP sells DICK’S Sporting Goods, Inc. (NYSE:DKS) stock.

According to the most recent disclosure filed by First Trust Advisors LP with the Securities and Exchange Commission, the company’s holdings in Dick’s Sporting Goods, INC (NYSE: DKS) were reduced in the third quarter of this year.

After selling 54,623 shares of the sporting goods retailer during the quarter, the fund was left with 170,901 shares in the company.

According to First Trust Advisors LP’s most recent filing with the Securities and Exchange Commission, the Company’s holdings in Dick’s Sporting Goods stock total approximately $17,883,000.

This accounts for about 0.22% of the company as a whole.

Numerous analysts have given their opinion on the company.

IN A REPORT DISTRIBUTED TUESDAY, Robert W.

Baird increased his price target for Dick’s Sporting Goods from $120.00 to $150.00.

In a report published Wednesday, DA Davidson upgraded its rating on Dick’s Sporting Goods to a “strong buy” from “buy” and raised its price target on Dick’s Sporting Goods to $178.00 from $145.00. Stephens announced to the public on Nov. 25 that they had raised their price target on Dick’s Sporting Goods to $121, according to a research report released to the public on Nov. 25. JPMorgan Chase & Co raised its target price on Dick’s Sporting Goods from $125.00 to $148.00 and gave the company a “neutral” rating in a report published Wednesday.

The target price for Dick’s Sporting Goods was raised from $103.00 to $120.00 in a research report published by Wells Fargo & Company on Nov. 23. Nine research analysts have rated the stock as ‘hold’, while fourteen others have assigned a ‘buy’ rating.

The company’s current median rating is “Moderate Buy” and its target price is $155.32 per share on Bloomberg.com. There are currently no reviews available for the company.
Several institutional investors have recently changed the proportion of the company’s shares in their portfolios.

These investors made these changes in response to recent market events. Comerica Bank increased its holdings of Dick’s Sporting Goods shares by 52.4% in the fiscal third quarter. Comerica Bank now owns 42,024 shares of the sporting goods company after buying an additional 14,456 shares in the previous quarter.

The sporting goods company’s 42,024 shares in Comerica Bank are valued at a total of $4,804,000.

The value of Bridgewater Associates LP’s stake in Dick’s Sporting Goods rose 21.1% in the second quarter of the year.

As a direct result of Bridgewater Associates LP’s purchase of an additional 1,761 shares of the sporting goods retailer during the relevant period, the Company now holds 10,104 shares with a combined market value of $762,000.

The value of Trust Financial Corporation’s holdings in Dick’s Sporting Goods increased 46.6% sequentially in the third quarter. After purchasing an additional 10,834 shares during the period in question, Trust Financial Corp. now owns 34,060 shares of the sporting goods retailer, valued at $3,565,000.

This brings the total number of shares in the company to 34,060.

Acquisition of a new interest in Dick’s Sporting Goods cost Fragasso Group INC approximately $294,000.

This happened in the second quarter of the fiscal year.

During the third quarter, Eqis Capital Management INC increased its holdings of Dick’s Sporting Goods stock by 5.3%, making this the last and most important point.

Eqis Capital Management INC now owns 18,423 shares of the sporting goods retailer, currently valued at $1,928,000, after purchasing an additional 926 shares during the period.

Institutional investors and hedge funds hold 75.08% of the company’s total share capital.
The price of one share of DKS stock was $149.33 when the market opened on Friday.

The 50-day moving average of company performance is $129.58 and the 200-day moving average is $117.99.

Dick’s Sporting Goods, INC hit a 52-week low of $63.45 while the company hit a 52-week high of $152.61 during that period.

The company has a market cap of $11.83 billion and is valued at $11.83 billion, with a price to earnings ratio of 13.87, a price to growth ratio of 2.17 and a beta value of 1.41.

These metrics give the company a beta value of 1.41.

The gearing ratio is 0.61, the quick ratio is 0.59 and the current ratio is 1.88.
On March 7th, Dick’s Sporting Goods (NYSE: DKS) released its quarterly report on the company’s performance.

The report focused on the last three months.

The sporting goods retailer reported earnings per share (EPS) of $2.93 for the quarter, up $0.07 above the consensus estimate of $2.86 provided by industry analysts.

In the case of Dick’s Sporting Goods, the return on equity was 45.97% and the company’s net margin was 8.43%. However, the revenue the company made for the quarter was $3.60 billion, well above the $3.45 billion that analysts had been expecting.

The company generated earnings of $3.64 per share for the same period last year. Year-over-year, Dick’s Sporting Goods quarterly sales increased 7.3%.

According to forecasts by industry experts, Dick’s Sporting Goods, INC is expected to generate earnings of 13.52 cents per share for the current fiscal year.

The company also just announced a quarterly dividend, which is expected to be paid on March 31.

Investors who own shares as of March 17 are entitled to a dividend payment of $1 per share.

Since Dick’s Sporting Goods’ most recent quarterly dividend was $0.49, we can conclude that this is an increase. As a result, the dividend yield is 2.68% and the annual payout is $4.

This dividend will be paid to shareholders with accounts as of next Thursday, March 16th.

Right now, Dick’s Sporting Goods has an 18.11 percent dividend payout ratio.