Man with long gun inside Dick's Sporting Goods in Saugus

Ray Weaver
June 21, 2017

A number of other hedge funds have also bought and sold shares of DKS.

05/17/2017 - Dick's Sporting Goods Inc had its "outperform" rating reiterated by analysts at RBC Capital. The firm purchased 67,893 shares of the sporting goods retailer's stock, valued at approximately $3,304,000. The stock of Dicks Sporting Goods Inc (NYSE:DKS) has "Outperform" rating given on Tuesday, March 14 by Wolfe Research. Tyers Asset Management LLC now owns 20,384 shares of the sporting goods retailer's stock valued at $992,000 after buying an additional 2,928 shares during the period. Gulf International Bank UK Ltd boosted its position in shares of Dick's Sporting Goods by 0.6% in the first quarter. Ltd. now owns 153,389 shares of the sporting goods retailer's stock worth $8,135,000 after buying an additional 141,673 shares during the last quarter.

Rail-Splitter Capital Management Llc decreased Dick's Sporting Goods Inc. New Jersey-based Prudential Fincl has invested 0.06% in Dicks Sporting Goods Inc (NYSE:DKS). About 389,348 shares traded.

DICK'S Team Sports HQ's west coast technology and innovation center houses the former Affinity Sports, acquired by DICK'S Sporting Goods in 2016. The company has a market capitalization of $303.33 million, a PE ratio of 13.20 and a beta of 0.03.

It is now trading at $39.67 slightly below the 50 day moving average which is $43.79 and which is just under the 200 day moving average of $49.80.

Dick's Sporting Goods (NYSE:DKS) last issued its quarterly earnings data on Tuesday, May 16th. Big 5 Sporting Goods Corporation had a return on equity of 11.82% and a net margin of 2.24%. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.83 billion. Insiders have sold a total of 19,960 shares of company stock worth $279,576 over the last three months. Dick's Sporting Goods's revenue for the quarter was up 9.9% on a year-over-year basis. In the latest earnings report the EPS was $2.58 and is projected to be $3.69 for the current year with 112,480,000 shares now outstanding. Caisse De Depot Et Placement Du Quebec invested in 0% or 35,800 shares. The ex-dividend date was Tuesday, May 30th. The Midas Management Corp holds 34,285 shares with $1.82 million value, down from 50,600 last quarter. Dick's Sporting Goods's dividend payout ratio is presently 26.25%.

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Several equities research analysts have recently issued reports on DKS shares. On May 16 the company was rated "Hold" in a report from UBS which was a cut from the previous "Buy" rating.

05/17/2017 - Dick's Sporting Goods Inc had its "outperform" rating reiterated by analysts at Telsey Advisory Group. Finally, Goldman Sachs Group, Inc. Finally, Monness Crespi & Hardt reissued a "buy" rating and issued a $52.00 price objective (down from $60.00) on shares of Dick's Sporting Goods in a report on Wednesday, May 17th. The stock was sold at an average price of $13.83, for a total transaction of $165,960.00.

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