Dana Investment Advisors Inc. Has $2.01 Million Stock Position in Boot Barn Holdings, Inc. (NYSE:BOOT)

Dana Investment Advisors Inc. decreased its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,247 shares of the company’s stock after selling 93 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Boot Barn were worth $2,011,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Crossmark Global Holdings Inc. increased its stake in shares of Boot Barn by 3.7% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,283 shares of the company’s stock worth $382,000 after purchasing an additional 82 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Boot Barn by 2.0% during the 3rd quarter. Fisher Asset Management LLC now owns 4,192 shares of the company’s stock worth $701,000 after buying an additional 83 shares during the period. Louisiana State Employees Retirement System boosted its holdings in shares of Boot Barn by 0.7% during the 4th quarter. Louisiana State Employees Retirement System now owns 14,800 shares of the company’s stock worth $2,247,000 after buying an additional 100 shares during the period. Arizona State Retirement System boosted its holdings in shares of Boot Barn by 1.1% during the 4th quarter. Arizona State Retirement System now owns 8,853 shares of the company’s stock worth $1,344,000 after buying an additional 100 shares during the period. Finally, Assetmark Inc. boosted its holdings in shares of Boot Barn by 45.2% during the 4th quarter. Assetmark Inc. now owns 363 shares of the company’s stock worth $55,000 after buying an additional 113 shares during the period.

Analyst Ratings Changes

Several analysts recently issued reports on BOOT shares. UBS Group decreased their price objective on shares of Boot Barn from $210.00 to $200.00 and set a “buy” rating for the company in a report on Monday, February 3rd. Piper Sandler reaffirmed an “overweight” rating and set a $181.00 price objective (up from $179.00) on shares of Boot Barn in a report on Friday, January 31st. Robert W. Baird decreased their price objective on shares of Boot Barn from $190.00 to $155.00 and set an “outperform” rating for the company in a report on Wednesday. BTIG Research upped their price objective on shares of Boot Barn from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of Boot Barn from $200.00 to $209.00 and gave the company an “overweight” rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $181.92.

Boot Barn Stock Performance

NYSE:BOOT opened at $108.61 on Friday. The company has a 50-day moving average of $146.05 and a 200-day moving average of $147.14. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 1.17 and a beta of 2.07. Boot Barn Holdings, Inc. has a 52 week low of $82.67 and a 52 week high of $176.64.

Boot Barn (NYSE:BOOT) last released its quarterly earnings data on Thursday, January 30th. The company reported $2.43 EPS for the quarter, topping analysts’ consensus estimates of $2.05 by $0.38. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. Sell-side analysts forecast that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Insider Transactions at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total transaction of $965,456.78. Following the completion of the sale, the chief executive officer now owns 3,937 shares in the company, valued at $602,282.26. This trade represents a 61.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.00% of the stock is owned by insiders.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.