Los Angeles Capital Management LLC Has $1.25 Million Position in Franklin Covey Co. (NYSE:FC)

Los Angeles Capital Management LLC cut its stake in shares of Franklin Covey Co. (NYSE:FC) by 17.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,267 shares of the business services provider’s stock after selling 7,240 shares during the period. Los Angeles Capital Management LLC owned about 0.25% of Franklin Covey worth $1,250,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in Franklin Covey by 3.1% during the third quarter. Geode Capital Management LLC now owns 295,182 shares of the business services provider’s stock valued at $12,143,000 after acquiring an additional 8,888 shares in the last quarter. State Street Corp increased its stake in shares of Franklin Covey by 2.4% during the 3rd quarter. State Street Corp now owns 255,328 shares of the business services provider’s stock worth $10,502,000 after purchasing an additional 5,955 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of Franklin Covey by 3.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 251,263 shares of the business services provider’s stock valued at $9,442,000 after purchasing an additional 8,310 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Franklin Covey in the 4th quarter valued at $2,186,000. Finally, Dean Investment Associates LLC bought a new stake in Franklin Covey in the third quarter worth $2,259,000. Institutional investors and hedge funds own 69.88% of the company’s stock.

Franklin Covey Stock Performance

Shares of NYSE FC opened at $31.96 on Friday. Franklin Covey Co. has a 12 month low of $28.99 and a 12 month high of $44.46. The company has a market cap of $421.74 million, a P/E ratio of 21.74, a P/E/G ratio of 1.74 and a beta of 1.20. The business’s 50 day moving average is $35.25 and its two-hundred day moving average is $37.71. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.03.

Franklin Covey (NYSE:FC) last announced its earnings results on Wednesday, January 8th. The business services provider reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.13). Franklin Covey had a return on equity of 25.23% and a net margin of 6.85%. On average, equities analysts expect that Franklin Covey Co. will post 0.97 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. StockNews.com lowered Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Monday, January 13th. Barrington Research reissued an “outperform” rating and issued a $45.00 price target on shares of Franklin Covey in a research report on Thursday, November 7th.

Franklin Covey Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.