1,338 Shares in Boot Barn Holdings, Inc. (NYSE:BOOT) Purchased by Hilltop Holdings Inc.

Hilltop Holdings Inc. purchased a new stake in Boot Barn Holdings, Inc. (NYSE:BOOT) in the third quarter, Holdings Channel reports. The institutional investor purchased 1,338 shares of the company’s stock, valued at approximately $224,000.

Several other large investors also recently made changes to their positions in BOOT. GAMMA Investing LLC lifted its stake in Boot Barn by 111.1% during the second quarter. GAMMA Investing LLC now owns 266 shares of the company’s stock valued at $34,000 after purchasing an additional 140 shares during the last quarter. OLD National Bancorp IN acquired a new stake in shares of Boot Barn during the 2nd quarter valued at $288,000. SG Americas Securities LLC boosted its stake in shares of Boot Barn by 68.1% during the 2nd quarter. SG Americas Securities LLC now owns 4,399 shares of the company’s stock worth $567,000 after acquiring an additional 1,782 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of Boot Barn in the 2nd quarter worth $554,000. Finally, Raymond James & Associates increased its position in shares of Boot Barn by 1.8% in the second quarter. Raymond James & Associates now owns 49,263 shares of the company’s stock worth $6,351,000 after acquiring an additional 875 shares in the last quarter.

Boot Barn Stock Up 4.2 %

NYSE BOOT opened at $154.87 on Friday. The stock has a market capitalization of $4.73 billion, a PE ratio of 31.10 and a beta of 2.14. Boot Barn Holdings, Inc. has a 12-month low of $68.37 and a 12-month high of $169.83. The company has a 50 day moving average price of $147.46 and a two-hundred day moving average price of $138.14.

Boot Barn (NYSE:BOOT) last released its quarterly earnings data on Monday, October 28th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.02. The business had revenue of $425.80 million during the quarter, compared to analyst estimates of $424.42 million. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. Boot Barn’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 EPS. As a group, equities analysts anticipate that Boot Barn Holdings, Inc. will post 5.48 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on BOOT shares. BTIG Research upped their price target on shares of Boot Barn from $165.00 to $185.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th. UBS Group raised their target price on Boot Barn from $127.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Citigroup lowered their price target on Boot Barn from $194.00 to $178.00 and set a “buy” rating on the stock in a report on Tuesday, October 29th. Baird R W raised Boot Barn from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird raised Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 target price on the stock in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $164.55.

About Boot Barn

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.