Franklin Covey Co. (NYSE:FC) Shares Sold by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC decreased its position in shares of Franklin Covey Co. (NYSE:FC) by 2.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 15,709 shares of the business services provider’s stock after selling 424 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Franklin Covey were worth $590,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. R Squared Ltd bought a new stake in shares of Franklin Covey during the fourth quarter valued at about $57,000. Cubist Systematic Strategies LLC bought a new stake in shares of Franklin Covey during the second quarter valued at about $226,000. SG Americas Securities LLC bought a new stake in shares of Franklin Covey during the third quarter valued at about $290,000. Creative Planning bought a new stake in shares of Franklin Covey during the third quarter valued at about $301,000. Finally, Point72 Asset Management L.P. raised its stake in shares of Franklin Covey by 26.2% during the third quarter. Point72 Asset Management L.P. now owns 8,233 shares of the business services provider’s stock valued at $339,000 after purchasing an additional 1,711 shares in the last quarter. Institutional investors and hedge funds own 69.88% of the company’s stock.

Wall Street Analysts Forecast Growth

FC has been the topic of a number of recent analyst reports. StockNews.com cut shares of Franklin Covey from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 13th. Barrington Research reissued an “outperform” rating and issued a $45.00 price target on shares of Franklin Covey in a research note on Thursday, November 7th.

Franklin Covey Trading Up 2.8 %

NYSE:FC opened at $38.84 on Tuesday. Franklin Covey Co. has a 52 week low of $28.99 and a 52 week high of $44.46. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.94 and a current ratio of 0.97. The stock’s 50 day moving average price is $35.97 and its 200 day moving average price is $38.34. The company has a market capitalization of $512.62 million, a P/E ratio of 26.42, a P/E/G ratio of 1.95 and a beta of 1.20.

Franklin Covey (NYSE:FC) last posted its quarterly earnings data on Wednesday, January 8th. The business services provider reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.13). Franklin Covey had a net margin of 6.85% and a return on equity of 25.23%. On average, research analysts forecast that Franklin Covey Co. will post 0.97 EPS for the current fiscal year.

About Franklin Covey

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.