EntryPoint Capital LLC Invests $229,000 in Franklin Covey Co. (NYSE:FC)

EntryPoint Capital LLC purchased a new stake in shares of Franklin Covey Co. (NYSE:FC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,096 shares of the business services provider’s stock, valued at approximately $229,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. BNP Paribas Financial Markets lifted its holdings in shares of Franklin Covey by 146.2% during the third quarter. BNP Paribas Financial Markets now owns 12,810 shares of the business services provider’s stock valued at $527,000 after purchasing an additional 7,606 shares in the last quarter. Janus Henderson Group PLC grew its stake in shares of Franklin Covey by 5.5% during the 3rd quarter. Janus Henderson Group PLC now owns 18,458 shares of the business services provider’s stock valued at $759,000 after acquiring an additional 964 shares during the period. Point72 Asset Management L.P. increased its stake in shares of Franklin Covey by 26.2% in the third quarter. Point72 Asset Management L.P. now owns 8,233 shares of the business services provider’s stock worth $339,000 after purchasing an additional 1,711 shares in the last quarter. State Street Corp increased its stake in Franklin Covey by 2.4% in the 3rd quarter. State Street Corp now owns 255,328 shares of the business services provider’s stock worth $10,502,000 after buying an additional 5,955 shares in the last quarter. Finally, EP Wealth Advisors LLC raised its stake in Franklin Covey by 9.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 17,809 shares of the business services provider’s stock valued at $732,000 after purchasing an additional 1,541 shares during the period. 69.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FC has been the topic of a number of research analyst reports. StockNews.com downgraded Franklin Covey from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 13th. Barrington Research reissued an “outperform” rating and issued a $45.00 price objective on shares of Franklin Covey in a research note on Friday, March 21st.

Franklin Covey Stock Performance

Shares of FC stock opened at $28.04 on Friday. Franklin Covey Co. has a 1 year low of $27.14 and a 1 year high of $44.46. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.97 and a quick ratio of 0.94. The firm has a market capitalization of $370.06 million, a price-to-earnings ratio of 19.08, a price-to-earnings-growth ratio of 1.74 and a beta of 1.29. The business has a fifty day moving average of $33.11 and a 200 day moving average of $36.37.

Franklin Covey (NYSE:FC) last announced its quarterly earnings results on Wednesday, January 8th. The business services provider reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.13). Franklin Covey had a net margin of 6.85% and a return on equity of 25.23%. As a group, research analysts expect that Franklin Covey Co. will post 0.97 earnings per share for the current year.

Franklin Covey Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.