U S Wealth Group LLC. Makes New $138,000 Investment in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

U S Wealth Group LLC. purchased a new stake in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 51,800 shares of the company’s stock, valued at approximately $138,000.

Several other large investors have also made changes to their positions in SPWH. FMR LLC boosted its holdings in Sportsman’s Warehouse by 3.3% in the third quarter. FMR LLC now owns 5,441,705 shares of the company’s stock worth $14,747,000 after purchasing an additional 174,858 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Sportsman’s Warehouse by 16.6% during the 3rd quarter. Jane Street Group LLC now owns 225,473 shares of the company’s stock valued at $611,000 after acquiring an additional 32,073 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Sportsman’s Warehouse in the 3rd quarter valued at approximately $107,000. Barclays PLC lifted its holdings in Sportsman’s Warehouse by 25,025.0% in the 3rd quarter. Barclays PLC now owns 38,190 shares of the company’s stock worth $103,000 after purchasing an additional 38,038 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Sportsman’s Warehouse by 2.4% during the third quarter. Geode Capital Management LLC now owns 434,022 shares of the company’s stock worth $1,176,000 after purchasing an additional 10,058 shares during the period. Institutional investors own 83.04% of the company’s stock.

Sportsman’s Warehouse Stock Down 20.8 %

Shares of SPWH stock opened at $1.33 on Monday. The stock has a market cap of $50.48 million, a P/E ratio of -1.51 and a beta of 0.75. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.20 and a quick ratio of 0.06. The stock has a fifty day moving average price of $1.49 and a 200 day moving average price of $2.14. Sportsman’s Warehouse Holdings, Inc. has a one year low of $0.92 and a one year high of $4.44.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its earnings results on Tuesday, April 1st. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.12. Sportsman’s Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%. The business had revenue of $340.40 million for the quarter, compared to analyst estimates of $328.67 million. Analysts predict that Sportsman’s Warehouse Holdings, Inc. will post -0.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. B. Riley restated a “buy” rating and issued a $3.00 price objective (down from $4.00) on shares of Sportsman’s Warehouse in a research note on Wednesday, April 2nd. Craig Hallum raised Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $3.00 price target on the stock in a research report on Wednesday, April 2nd. Finally, Roth Mkm decreased their target price on Sportsman’s Warehouse from $3.50 to $2.50 and set a “buy” rating for the company in a research note on Wednesday, April 2nd. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Sportsman’s Warehouse has a consensus rating of “Moderate Buy” and an average price target of $2.80.

Sportsman’s Warehouse Company Profile

Sportsman’s Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.