OxFORD Asset Management LLP Has $486,000 Position in International Speedway Corp (ISCA)

OxFORD Asset Management LLP lowered its stake in shares of International Speedway Corp (NASDAQ:ISCA) by 53.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,531 shares of the company’s stock after selling 15,480 shares during the quarter. OxFORD Asset Management LLP’s holdings in International Speedway were worth $486,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Investment Management Company LLC boosted its position in International Speedway by 5.0% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 4,580 shares of the company’s stock worth $153,000 after acquiring an additional 217 shares during the period. Victory Capital Management Inc. boosted its position in International Speedway by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 5,682 shares of the company’s stock worth $213,000 after acquiring an additional 850 shares during the period. Susquehanna International Group LLP acquired a new position in International Speedway during the 2nd quarter worth $243,000. Russell Investments Group Ltd. boosted its position in International Speedway by 333.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 10,125 shares of the company’s stock worth $381,000 after acquiring an additional 7,787 shares during the period. Finally, Arizona State Retirement System boosted its position in International Speedway by 1.0% during the 2nd quarter. Arizona State Retirement System now owns 10,600 shares of the company’s stock worth $398,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 50.37% of the company’s stock.

Shares of International Speedway Corp (ISCA) opened at $40.20 on Thursday. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $1,780.00, a price-to-earnings ratio of 26.98, a PEG ratio of 6.03 and a beta of 1.13. International Speedway Corp has a twelve month low of $32.25 and a twelve month high of $41.95.

International Speedway (NASDAQ:ISCA) last announced its quarterly earnings data on Thursday, October 5th. The company reported $0.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.03. The business had revenue of $131.90 million during the quarter, compared to analyst estimates of $128.82 million. International Speedway had a return on equity of 5.05% and a net margin of 10.07%. The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.03 earnings per share. analysts forecast that International Speedway Corp will post 1.59 EPS for the current year.

A number of brokerages have issued reports on ISCA. BidaskClub upgraded International Speedway from a “sell” rating to a “hold” rating in a research report on Saturday, December 16th. Zacks Investment Research lowered International Speedway from a “buy” rating to a “hold” rating in a report on Tuesday, December 19th. Finally, Citigroup restated a “sell” rating and issued a $31.00 price objective (up previously from $30.00) on shares of International Speedway in a report on Monday, October 9th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $38.50.

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International Speedway Profile

Institutional Ownership by Quarter for International Speedway (NASDAQ:ISCA)

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