Sportsman's Warehouse Holdings Inc (SPWH) Holdings Lifted by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. boosted its holdings in Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) by 171.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,000 shares of the company’s stock after buying an additional 45,500 shares during the period. Ladenburg Thalmann Financial Services Inc. owned approximately 0.17% of Sportsman's Warehouse worth $324,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Franklin Resources Inc. increased its position in shares of Sportsman's Warehouse by 2.3% during the second quarter. Franklin Resources Inc. now owns 4,577,661 shares of the company’s stock valued at $24,720,000 after purchasing an additional 103,548 shares during the period. Boston Partners increased its position in shares of Sportsman's Warehouse by 6.7% during the third quarter. Boston Partners now owns 2,740,624 shares of the company’s stock valued at $12,360,000 after purchasing an additional 173,057 shares during the period. Towle & Co. bought a new stake in shares of Sportsman's Warehouse during the third quarter valued at approximately $11,184,000. Boston Private Wealth LLC increased its position in shares of Sportsman's Warehouse by 69.0% during the third quarter. Boston Private Wealth LLC now owns 2,112,000 shares of the company’s stock valued at $9,525,000 after purchasing an additional 862,000 shares during the period. Finally, Citadel Advisors LLC increased its position in shares of Sportsman's Warehouse by 1.6% during the third quarter. Citadel Advisors LLC now owns 1,376,735 shares of the company’s stock valued at $6,209,000 after purchasing an additional 21,053 shares during the period.

Shares of Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) opened at $6.69 on Friday. Sportsman's Warehouse Holdings Inc has a 1 year low of $3.40 and a 1 year high of $9.65. The firm has a market capitalization of $272.08, a price-to-earnings ratio of 12.62, a price-to-earnings-growth ratio of 1.08 and a beta of -0.66. The company has a debt-to-equity ratio of 3.09, a current ratio of 1.54 and a quick ratio of 0.03.

Sportsman's Warehouse (NASDAQ:SPWH) last announced its quarterly earnings results on Thursday, November 16th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Sportsman's Warehouse had a net margin of 2.84% and a return on equity of 71.55%. The company had revenue of $218.10 million during the quarter, compared to the consensus estimate of $222.59 million. During the same quarter last year, the company earned $0.25 earnings per share. The business’s revenue was up .4% on a year-over-year basis. equities research analysts anticipate that Sportsman's Warehouse Holdings Inc will post 0.57 EPS for the current fiscal year.

A number of analysts have recently issued reports on the company. BidaskClub upgraded Sportsman's Warehouse from a “sell” rating to a “hold” rating in a research report on Friday, December 22nd. DA Davidson set a $7.00 price objective on Sportsman's Warehouse and gave the company a “buy” rating in a research report on Wednesday, December 6th. ValuEngine upgraded Sportsman's Warehouse from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research cut Sportsman's Warehouse from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st. Finally, Forward View set a $4.00 price target on Sportsman's Warehouse and gave the company a “hold” rating in a research report on Saturday, November 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $6.56.

In related news, CFO Kevan P. Talbot purchased 13,000 shares of the stock in a transaction on Monday, December 18th. The shares were purchased at an average cost of $5.78 per share, for a total transaction of $75,140.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 4.15% of the company’s stock.

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About Sportsman's Warehouse

Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.

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Institutional Ownership by Quarter for Sportsman's Warehouse (NASDAQ:SPWH)

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