Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Acquired by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. raised its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 22.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,318 shares of the company’s stock after purchasing an additional 4,335 shares during the period. EFG Asset Management North America Corp. owned 0.08% of Boot Barn worth $3,533,000 at the end of the most recent quarter.

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

Boot Barn Stock Up 7.7 %

NYSE:BOOT opened at $112.75 on Tuesday. The stock has a fifty day simple moving average of $133.66 and a 200 day simple moving average of $144.49. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 20.13, a price-to-earnings-growth ratio of 1.17 and a beta of 2.07. Boot Barn Holdings, Inc. has a 1-year low of $84.83 and a 1-year high of $176.64.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BOOT shares. Craig Hallum set a $178.00 target price on shares of Boot Barn in a research report on Friday, January 31st. BTIG Research increased their price objective on shares of Boot Barn from $185.00 to $190.00 and gave the company a “buy” rating in a report on Monday, January 13th. UBS Group dropped their target price on Boot Barn from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, February 3rd. JPMorgan Chase & Co. increased their price target on Boot Barn from $200.00 to $209.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Finally, Bank of America boosted their price objective on Boot Barn from $187.00 to $192.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Boot Barn currently has a consensus rating of “Moderate Buy” and a consensus target price of $181.92.

Insiders Place Their Bets

In other Boot Barn news, CEO John Hazen sold 6,311 shares of the firm’s 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 completion of the sale, the chief executive officer now directly owns 3,937 shares in the company, valued at approximately $602,282.26. This trade represents a 61.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

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.