Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Bought by Huntington National Bank

Huntington National Bank grew its position in Boot Barn Holdings, Inc. (NYSE:BOOT) by 54.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 794 shares of the company’s stock after purchasing an additional 280 shares during the period. Huntington National Bank’s holdings in Boot Barn were worth $121,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of BOOT. Vanguard Group Inc. boosted its position in Boot Barn by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 3,409,865 shares of the company’s stock valued at $517,686,000 after buying an additional 73,089 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Boot Barn by 48.6% in the 4th quarter. Wellington Management Group LLP now owns 2,161,052 shares of the company’s stock valued at $328,091,000 after acquiring an additional 706,518 shares during the last quarter. State Street Corp increased its stake in shares of Boot Barn by 4.4% in the third quarter. State Street Corp now owns 1,208,345 shares of the company’s stock worth $202,132,000 after acquiring an additional 51,356 shares during the period. Alliancebernstein L.P. increased its stake in shares of Boot Barn by 13.2% in the fourth quarter. Alliancebernstein L.P. now owns 846,983 shares of the company’s stock worth $128,589,000 after acquiring an additional 99,029 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Boot Barn by 1.0% during the third quarter. Geode Capital Management LLC now owns 676,277 shares of the company’s stock worth $113,150,000 after purchasing an additional 6,369 shares during the last quarter.

Boot Barn Price Performance

BOOT opened at $97.83 on Monday. The company’s 50 day simple moving average is $124.04 and its two-hundred day simple moving average is $141.70. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 17.47, a price-to-earnings-growth ratio of 1.17 and a beta of 1.75. Boot Barn Holdings, Inc. has a 1-year low of $89.84 and a 1-year high of $176.64.

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

Analysts Set New Price Targets

BOOT has been the topic of several analyst reports. Bank of America increased their price target on Boot Barn from $187.00 to $192.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. 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. KeyCorp raised Boot Barn from a “sector weight” rating to an “overweight” rating and set a $190.00 price target for the company in a report on Thursday, January 23rd. Craig Hallum set a $178.00 price objective on shares of Boot Barn in a research note on Friday, January 31st. Finally, StockNews.com lowered shares of Boot Barn from a “hold” rating to a “sell” rating in a research report on Monday, February 17th. One research analyst has rated the stock with a sell rating, one has issued 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, the stock has an average rating of “Moderate Buy” and an average price target of $181.92.

Boot Barn Company 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.