Foot Locker, Inc. (FL) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP boosted its holdings in Foot Locker, Inc. (NYSE:FL) by 10.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,723 shares of the athletic footwear retailer’s stock after buying an additional 6,004 shares during the quarter. Quantbot Technologies LP owned approximately 0.05% of Foot Locker worth $2,314,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FL. D.A. Davidson & CO. boosted its stake in Foot Locker by 50.3% in the second quarter. D.A. Davidson & CO. now owns 2,133 shares of the athletic footwear retailer’s stock valued at $105,000 after buying an additional 714 shares in the last quarter. Smithfield Trust Co. boosted its stake in Foot Locker by 276.2% in the third quarter. Smithfield Trust Co. now owns 3,198 shares of the athletic footwear retailer’s stock valued at $113,000 after buying an additional 2,348 shares in the last quarter. Penserra Capital Management LLC boosted its stake in Foot Locker by 13.0% in the second quarter. Penserra Capital Management LLC now owns 3,016 shares of the athletic footwear retailer’s stock valued at $148,000 after buying an additional 348 shares in the last quarter. Exane Derivatives boosted its stake in Foot Locker by 110,475.0% in the third quarter. Exane Derivatives now owns 4,423 shares of the athletic footwear retailer’s stock valued at $156,000 after buying an additional 4,419 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its stake in Foot Locker by 49.6% in the second quarter. Pacer Advisors Inc. now owns 3,935 shares of the athletic footwear retailer’s stock valued at $194,000 after buying an additional 1,305 shares in the last quarter. 95.20% of the stock is currently owned by institutional investors and hedge funds.

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A number of brokerages have recently commented on FL. ValuEngine lowered Foot Locker from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Barclays PLC set a $80.00 price target on Foot Locker and gave the company a “buy” rating in a research note on Saturday, August 5th. Morgan Stanley reissued an “overweight” rating and set a $50.00 price target (down from $65.00) on shares of Foot Locker in a research note on Tuesday, August 29th. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Foot Locker in a research note on Tuesday, August 15th. Finally, Credit Suisse Group reissued a “neutral” rating and set a $52.00 price target (down from $66.00) on shares of Foot Locker in a research note on Tuesday, August 1st. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $57.67.

Shares of Foot Locker, Inc. (FL) traded up $8.97 during mid-day trading on Friday, reaching $40.82. The company’s stock had a trading volume of 30,431,269 shares, compared to its average volume of 3,430,948. The company has a market capitalization of $3,950.00, a P/E ratio of 6.70, a P/E/G ratio of 2.09 and a beta of 0.66. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.88 and a current ratio of 5.63. Foot Locker, Inc. has a 1-year low of $28.42 and a 1-year high of $79.43.

Foot Locker (NYSE:FL) last released its quarterly earnings data on Thursday, November 16th. The athletic footwear retailer reported $0.87 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.07. The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.82 billion. Foot Locker had a return on equity of 21.52% and a net margin of 7.49%. The company’s quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.13 earnings per share. research analysts predict that Foot Locker, Inc. will post 3.94 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 2nd. Stockholders of record on Friday, January 19th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Thursday, January 18th. This represents a $1.24 annualized dividend and a dividend yield of 3.04%. Foot Locker’s dividend payout ratio is 28.64%.

Foot Locker Company Profile

Foot Locker, Inc is a retailer of shoes and apparel. The Company operates through two segments: Athletic Stores and Direct-to-Customers. The Company is an athletic footwear and apparel retailer, which include businesses, such as include Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.

Institutional Ownership by Quarter for Foot Locker (NYSE:FL)

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