Grandeur Peak Global Advisors LLC Has $6.32 Million Position in Sportsman’s Warehouse Holdings, Inc. (SPWH)

Grandeur Peak Global Advisors LLC raised its stake in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 14.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,322,235 shares of the company’s stock after buying an additional 169,150 shares during the period. Grandeur Peak Global Advisors LLC owned approximately 3.17% of Sportsman’s Warehouse Holdings worth $6,320,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new position in Sportsman’s Warehouse Holdings during the fourth quarter valued at approximately $650,000. State Street Corp raised its position in Sportsman’s Warehouse Holdings by 30.6% in the fourth quarter. State Street Corp now owns 374,626 shares of the company’s stock valued at $3,522,000 after buying an additional 87,770 shares during the last quarter. Oxford Asset Management acquired a new position in Sportsman’s Warehouse Holdings during the fourth quarter valued at approximately $851,000. Dimensional Fund Advisors LP raised its position in Sportsman’s Warehouse Holdings by 23.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 556,542 shares of the company’s stock valued at $5,226,000 after buying an additional 107,006 shares during the last quarter. Finally, Trexquant Investment LP acquired a new position in Sportsman’s Warehouse Holdings during the fourth quarter valued at approximately $132,000. Hedge funds and other institutional investors own 79.63% of the company’s stock.

Institutional Ownership by Quarter for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

Sportsman’s Warehouse Holdings, Inc. (SPWH) traded down 2.77% during midday trading on Wednesday, reaching $5.27. The company’s stock had a trading volume of 508,391 shares. The stock’s 50-day moving average price is $5.27 and its 200-day moving average price is $6.17. The firm has a market capitalization of $219.76 million, a price-to-earnings ratio of 9.07 and a beta of -0.80. Sportsman’s Warehouse Holdings, Inc. has a 12 month low of $3.86 and a 12 month high of $11.30.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its quarterly earnings data on Thursday, May 25th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by $0.01. Sportsman’s Warehouse Holdings had a return on equity of 127.68% and a net margin of 3.16%. The firm had revenue of $156.90 million for the quarter, compared to analysts’ expectations of $153.06 million. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. Analysts predict that Sportsman’s Warehouse Holdings, Inc. will post $0.64 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This story was first posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://sportsperspectives.com/2017/06/21/grandeur-peak-global-advisors-llc-has-6-32-million-position-in-sportsmans-warehouse-holdings-inc-spwh.html.

Several equities analysts recently commented on SPWH shares. Zacks Investment Research upgraded Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, March 15th. DA Davidson set a $7.00 target price on Sportsman’s Warehouse Holdings and gave the company a “buy” rating in a research note on Thursday, March 16th. Piper Jaffray Companies lowered Sportsman’s Warehouse Holdings from an “overweight” rating to a “neutral” rating and set a $4.00 target price for the company. in a research note on Friday, March 24th. Forward View lowered Sportsman’s Warehouse Holdings from a “hold” rating to a “sell” rating and set a $4.00 target price for the company. in a research note on Saturday, March 25th. Finally, Robert W. Baird set a $8.00 target price on Sportsman’s Warehouse Holdings and gave the company a “buy” rating in a research note on Saturday, March 25th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $8.31.

In other news, Director Kay L. Toolson acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The stock was acquired at an average cost of $5.62 per share, for a total transaction of $56,200.00. Following the completion of the acquisition, the director now owns 77,916 shares in the company, valued at $437,887.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.60% of the stock is currently owned by company insiders.

Sportsman’s Warehouse Holdings Company Profile

Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.

Receive News & Ratings for Sportsman's Warehouse Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sportsman's Warehouse Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply