Intrust Bank NA Lowers Holdings in Boot Barn Holdings, Inc. (NYSE:BOOT)

Intrust Bank NA reduced its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,549 shares of the company’s stock after selling 106 shares during the quarter. Intrust Bank NA’s holdings in Boot Barn were worth $691,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of BOOT. Blue Trust Inc. increased its stake in shares of Boot Barn by 1,430.0% during the fourth quarter. Blue Trust Inc. now owns 153 shares of the company’s stock valued at $26,000 after buying an additional 143 shares during the period. Signaturefd LLC raised its holdings in shares of Boot Barn by 201.8% in the 4th quarter. Signaturefd LLC now owns 166 shares of the company’s stock valued at $25,000 after purchasing an additional 111 shares in the last quarter. Assetmark Inc. lifted its position in shares of Boot Barn by 45.2% in the 4th quarter. Assetmark Inc. now owns 363 shares of the company’s stock worth $55,000 after purchasing an additional 113 shares during the period. R Squared Ltd purchased a new position in Boot Barn during the fourth quarter valued at approximately $102,000. Finally, Smartleaf Asset Management LLC raised its stake in Boot Barn by 212.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 749 shares of the company’s stock worth $115,000 after buying an additional 509 shares in the last quarter.

Analyst Ratings Changes

BOOT has been the topic of a number of analyst reports. UBS Group cut their price target on Boot Barn from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, February 3rd. Bank of America boosted their target price on shares of Boot Barn from $187.00 to $192.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. KeyCorp upgraded shares of Boot Barn from a “sector weight” rating to an “overweight” rating and set a $190.00 price target on the stock in a report on Thursday, January 23rd. StockNews.com lowered shares of Boot Barn from a “hold” rating to a “sell” rating in a research note on Monday, February 17th. Finally, JPMorgan Chase & Co. raised their target price on shares of Boot Barn from $200.00 to $209.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Boot Barn presently has an average rating of “Moderate Buy” and an average target price of $181.92.

Insider Buying and Selling at Boot Barn

In other Boot Barn news, CEO John Hazen sold 6,311 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the sale, the chief executive officer now directly owns 3,937 shares of the company’s stock, valued at approximately $602,282.26. This trade represents a 61.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.00% of the company’s stock.

Boot Barn Price Performance

NYSE BOOT opened at $104.13 on Friday. The company has a market cap of $3.19 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 1.17 and a beta of 2.07. The stock’s fifty day moving average price is $129.91 and its 200 day moving average price is $143.48. Boot Barn Holdings, Inc. has a 1 year low of $95.28 and a 1 year high of $176.64.

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

Boot Barn Company 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.