Landscape Capital Management L.L.C. Has $1.83 Million Stake in Dicks Sporting Goods Inc (NYSE:DKS)

Landscape Capital Management L.L.C. boosted its holdings in shares of Dicks Sporting Goods Inc (NYSE:DKS) by 275.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,950 shares of the sporting goods retailer’s stock after buying an additional 38,830 shares during the quarter. Landscape Capital Management L.L.C. owned about 0.06% of Dicks Sporting Goods worth $1,834,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. BlackRock Inc. grew its position in shares of Dicks Sporting Goods by 5.0% in the first quarter. BlackRock Inc. now owns 7,301,467 shares of the sporting goods retailer’s stock valued at $268,766,000 after purchasing an additional 345,212 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Dicks Sporting Goods by 10.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,810,276 shares of the sporting goods retailer’s stock valued at $150,081,000 after purchasing an additional 437,629 shares during the last quarter. Northern Trust Corp grew its position in shares of Dicks Sporting Goods by 8.2% in the first quarter. Northern Trust Corp now owns 2,878,373 shares of the sporting goods retailer’s stock valued at $105,952,000 after purchasing an additional 217,359 shares during the last quarter. FMR LLC grew its position in shares of Dicks Sporting Goods by 32.4% in the first quarter. FMR LLC now owns 1,431,090 shares of the sporting goods retailer’s stock valued at $52,679,000 after purchasing an additional 350,515 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in shares of Dicks Sporting Goods by 67.8% in the first quarter. Robeco Institutional Asset Management B.V. now owns 780,884 shares of the sporting goods retailer’s stock valued at $28,746,000 after purchasing an additional 315,535 shares during the last quarter. 83.25% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:DKS traded up $0.69 during trading on Friday, reaching $32.17. The stock had a trading volume of 73,607 shares, compared to its average volume of 1,839,356. Dicks Sporting Goods Inc has a 52 week low of $29.69 and a 52 week high of $41.21. The business’s 50-day moving average price is $35.60 and its 200 day moving average price is $36.40. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.31 and a quick ratio of 0.16. The stock has a market capitalization of $3.05 billion, a PE ratio of 9.91, a P/E/G ratio of 1.77 and a beta of 0.57.



Dicks Sporting Goods (NYSE:DKS) last posted its earnings results on Wednesday, May 29th. The sporting goods retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Dicks Sporting Goods had a net margin of 3.76% and a return on equity of 16.95%. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter in the previous year, the company posted $0.59 earnings per share. Dicks Sporting Goods’s quarterly revenue was up .6% compared to the same quarter last year. Analysts forecast that Dicks Sporting Goods Inc will post 3.33 EPS for the current year.

Several research firms recently weighed in on DKS. Zacks Investment Research upgraded shares of Dicks Sporting Goods from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a research note on Monday, July 1st. Goldman Sachs Group began coverage on shares of Dicks Sporting Goods in a research note on Thursday, July 11th. They issued a “neutral” rating and a $38.00 target price for the company. Bank of America set a $40.00 target price on shares of Dicks Sporting Goods and gave the company a “hold” rating in a research note on Thursday, May 30th. ValuEngine cut shares of Dicks Sporting Goods from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 1st. Finally, TheStreet cut shares of Dicks Sporting Goods from a “b” rating to a “c+” rating in a research note on Thursday, June 20th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company. Dicks Sporting Goods presently has an average rating of “Hold” and a consensus target price of $40.00.

About Dicks Sporting Goods

Dick's Sporting Goods, Inc operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. The company also owns and operates Golf Galaxy, Field & Stream, and other specialty concept stores; and e-commerce Websites, as well as Dick's Team Sports HQ, a youth sports digital platform that offers free league management services, mobile apps, free league management services, communications and live scorekeeping, custom uniforms and fan wear, and access to donations and sponsorships.

Further Reading: Profit Margin

Institutional Ownership by Quarter for Dicks Sporting Goods (NYSE:DKS)

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