Inspire Advisors LLC Has $587,000 Holdings in Escalade, Incorporated (NASDAQ:ESCA)

Inspire Advisors LLC cut its holdings in shares of Escalade, Incorporated (NASDAQ:ESCA) by 4.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,105 shares of the company’s stock after selling 1,987 shares during the period. Inspire Advisors LLC’s holdings in Escalade were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Barclays PLC lifted its position in Escalade by 251.3% during the 3rd quarter. Barclays PLC now owns 13,185 shares of the company’s stock valued at $186,000 after purchasing an additional 9,432 shares during the period. JPMorgan Chase & Co. lifted its position in Escalade by 301.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 18,914 shares of the company’s stock valued at $266,000 after purchasing an additional 14,204 shares during the period. Arete Wealth Advisors LLC lifted its position in Escalade by 40.6% during the 3rd quarter. Arete Wealth Advisors LLC now owns 20,975 shares of the company’s stock valued at $292,000 after purchasing an additional 6,059 shares during the period. Hohimer Wealth Management LLC bought a new stake in shares of Escalade in the 3rd quarter valued at about $166,000. Finally, De Lisle Partners LLP increased its stake in shares of Escalade by 6.3% in the 3rd quarter. De Lisle Partners LLP now owns 83,886 shares of the company’s stock valued at $1,177,000 after acquiring an additional 5,000 shares during the last quarter. 65.22% of the stock is currently owned by institutional investors and hedge funds.

Escalade Stock Performance

Shares of ESCA stock opened at $14.98 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.45 and a quick ratio of 1.41. The stock has a market cap of $207.88 million, a PE ratio of 15.94 and a beta of 1.30. The stock has a 50-day moving average of $15.04 and a 200-day moving average of $14.54. Escalade, Incorporated has a one year low of $12.34 and a one year high of $16.99.

Escalade (NASDAQ:ESCA) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The company had revenue of $251.51 million during the quarter, compared to the consensus estimate of $62.20 million. Escalade had a net margin of 5.20% and a return on equity of 7.17%. As a group, sell-side analysts expect that Escalade, Incorporated will post 0.93 earnings per share for the current year.

Escalade Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, April 7th will be paid a $0.15 dividend. The ex-dividend date is Monday, April 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.01%. Escalade’s dividend payout ratio (DPR) is presently 65.22%.

Escalade Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.