BlackRock Inc. lifted its holdings in Franklin Covey Co. (NYSE:FC) by 3.4% in the second quarter, HoldingsChannel reports. The firm owned 809,783 shares of the business services provider’s stock after buying an additional 26,454 shares during the quarter. BlackRock Inc. owned approximately 0.06% of Franklin Covey worth $19,880,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. MetLife Investment Advisors LLC acquired a new position in shares of Franklin Covey in the first quarter valued at approximately $132,000. Acadian Asset Management LLC acquired a new position in shares of Franklin Covey in the second quarter valued at approximately $212,000. A.R.T. Advisors LLC purchased a new position in Franklin Covey in the first quarter worth approximately $347,000. Cadence Capital Management LLC purchased a new position in Franklin Covey in the second quarter worth approximately $926,000. Finally, Schwab Charles Investment Management Inc. lifted its stake in Franklin Covey by 3.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 58,588 shares of the business services provider’s stock worth $1,439,000 after acquiring an additional 2,046 shares during the last quarter. Hedge funds and other institutional investors own 46.69% of the company’s stock.
Shares of Franklin Covey stock opened at $21.35 on Friday. Franklin Covey Co. has a 52-week low of $18.00 and a 52-week high of $31.20. The company has a quick ratio of 1.04, a current ratio of 1.09 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $307.36 million, a P/E ratio of -56.18, a PEG ratio of 8.50 and a beta of 1.04.
Franklin Covey Company Profile
Franklin Covey Co provides training and consulting services in the areas of leadership, productivity, strategic execution, trust, sales force performance, customer loyalty, and communication effectiveness skills worldwide. The company operates through four segments: Direct Offices, Strategic Markets, Education Practice, and International Licensees.
Want to see what other hedge funds are holding FC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Covey Co. (NYSE:FC).
Receive News & Ratings for Franklin Covey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Covey and related companies with MarketBeat.com's FREE daily email newsletter.