Westfield Capital Management Co. LP Acquires 37,205 Shares of Golfsmith International Holdings, Inc. (GOLF)

Westfield Capital Management Co. LP increased its holdings in shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) by 3.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,132,095 shares of the specialty retailer’s stock after acquiring an additional 37,205 shares during the period. Westfield Capital Management Co. LP owned about 1.52% of Golfsmith International Holdings worth $22,461,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. TIAA CREF Investment Management LLC boosted its position in shares of Golfsmith International Holdings by 0.3% during the 1st quarter. TIAA CREF Investment Management LLC now owns 55,874 shares of the specialty retailer’s stock valued at $966,000 after acquiring an additional 188 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Golfsmith International Holdings by 0.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 70,554 shares of the specialty retailer’s stock valued at $1,400,000 after acquiring an additional 361 shares in the last quarter. Nationwide Fund Advisors boosted its position in shares of Golfsmith International Holdings by 6.6% during the 1st quarter. Nationwide Fund Advisors now owns 27,934 shares of the specialty retailer’s stock valued at $483,000 after acquiring an additional 1,720 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of Golfsmith International Holdings by 5.9% during the 2nd quarter. Teachers Advisors LLC now owns 40,784 shares of the specialty retailer’s stock valued at $809,000 after acquiring an additional 2,286 shares in the last quarter. Finally, Comerica Bank boosted its position in shares of Golfsmith International Holdings by 3.3% during the 2nd quarter. Comerica Bank now owns 112,041 shares of the specialty retailer’s stock valued at $2,097,000 after acquiring an additional 3,577 shares in the last quarter.

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In other Golfsmith International Holdings news, insider Wb Atlas Llc sold 2,195,469 shares of the stock in a transaction dated Thursday, June 29th. The shares were sold at an average price of $19.63, for a total transaction of $43,097,056.47. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Several brokerages have recently weighed in on GOLF. Jefferies Group LLC set a $22.00 target price on shares of Golfsmith International Holdings and gave the company a “buy” rating in a research report on Friday, August 11th. Roth Capital lowered shares of Golfsmith International Holdings from a “buy” rating to a “neutral” rating and decreased their target price for the company from $25.00 to $20.00 in a research report on Monday, August 7th. Imperial Capital reiterated an “in-line” rating and set a $15.00 target price (down from $19.00) on shares of Golfsmith International Holdings in a research report on Friday, August 11th. DA Davidson lowered shares of Golfsmith International Holdings from a “buy” rating to a “neutral” rating and decreased their target price for the company from $23.00 to $17.00 in a research report on Friday, August 11th. Finally, Zacks Investment Research upgraded shares of Golfsmith International Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $20.47.

Shares of Golfsmith International Holdings, Inc. (NASDAQ GOLF) traded down 0.1066% during trading on Tuesday, reaching $16.7721. 3,487 shares of the company traded hands. The company has a 50-day moving average of $16.90 and a 200-day moving average of $17.00. Golfsmith International Holdings, Inc. has a 12 month low of $16.33 and a 12 month high of $22.31. The stock has a market capitalization of $1.25 billion and a PE ratio of 17.6178.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.48 dividend on an annualized basis and a yield of 2.86%.

Golfsmith International Holdings Company Profile

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Institutional Ownership by Quarter for Golfsmith International Holdings (NASDAQ:GOLF)

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