DICK’S Sporting Goods, Inc. (NYSE:DKS) Shares Bought by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. raised its position in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 49,000.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 491 shares of the sporting goods retailer’s stock after buying an additional 490 shares during the period. Transamerica Financial Advisors Inc.’s holdings in DICK’S Sporting Goods were worth $103,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DKS. Brooklyn Investment Group acquired a new stake in DICK’S Sporting Goods in the 3rd quarter worth about $27,000. ICA Group Wealth Management LLC acquired a new position in shares of DICK’S Sporting Goods during the 2nd quarter worth approximately $28,000. ORG Partners LLC acquired a new position in shares of DICK’S Sporting Goods during the 2nd quarter worth approximately $30,000. ORG Wealth Partners LLC acquired a new position in shares of DICK’S Sporting Goods during the 3rd quarter worth approximately $30,000. Finally, Innealta Capital LLC acquired a new position in shares of DICK’S Sporting Goods during the 2nd quarter worth approximately $31,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

DICK’S Sporting Goods Stock Up 0.7 %

DICK’S Sporting Goods stock opened at $213.70 on Thursday. DICK’S Sporting Goods, Inc. has a twelve month low of $120.39 and a twelve month high of $239.30. The stock’s fifty day simple moving average is $205.76 and its 200-day simple moving average is $210.64. The company has a current ratio of 1.77, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $17.40 billion, a P/E ratio of 15.68, a P/E/G ratio of 2.45 and a beta of 1.64.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings data on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.07. DICK’S Sporting Goods had a return on equity of 45.14% and a net margin of 8.46%. The business had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the prior year, the company earned $2.85 earnings per share. The company’s revenue was up .5% on a year-over-year basis. As a group, equities analysts expect that DICK’S Sporting Goods, Inc. will post 13.88 earnings per share for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Friday, December 13th. DICK’S Sporting Goods’s dividend payout ratio is currently 32.28%.

Analyst Upgrades and Downgrades

DKS has been the topic of several recent research reports. DA Davidson restated a “buy” rating and set a $265.00 target price on shares of DICK’S Sporting Goods in a report on Thursday, September 5th. Loop Capital boosted their target price on DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “hold” rating in a report on Wednesday. Evercore ISI restated an “outperform” rating and set a $280.00 target price on shares of DICK’S Sporting Goods in a report on Thursday, September 5th. UBS Group upgraded DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $225.00 to $260.00 in a report on Wednesday. Finally, Barclays boosted their target price on DICK’S Sporting Goods from $247.00 to $254.00 and gave the stock an “overweight” rating in a report on Thursday, September 5th. Eight equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $244.95.

About DICK’S Sporting Goods

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.