Capital One National Association buys $8,978,125 stake in Smith & Wesson Holding Corp (SWHC)

Smith & Wesson Holding Corp (SWHC) : Capital One National Association scooped up 6,856 additional shares in Smith & Wesson Holding Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 312,500 shares of Smith & Wesson Holding Corp which is valued at $8,978,125.Smith & Wesson Holding Corp makes up approximately 0.72% of Capital One National Association’s portfolio.

Other Hedge Funds, Including , First Quadrant L Pca boosted its stake in SWHC in the latest quarter, The investment management firm added 34,100 additional shares and now holds a total of 102,300 shares of Smith & Wesson Holding Corp which is valued at $2,939,079. Smith & Wesson Holding Corp makes up approx 0.06% of First Quadrant L Pca’s portfolio. Fox Run Management L.l.c. added SWHC to its portfolio by purchasing 14,300 company shares during the most recent quarter which is valued at $410,839. Smith & Wesson Holding Corp makes up approx 0.19% of Fox Run Management L.l.c.’s portfolio. Simplex Trading added SWHC to its portfolio by purchasing 525 company shares during the most recent quarter which is valued at $15,083. Gierl Augustine Investment Management Inc sold out all of its stake in SWHC during the most recent quarter. The investment firm sold 20 shares of SWHC which is valued $568.Next Financial Group Inc boosted its stake in SWHC in the latest quarter, The investment management firm added 128 additional shares and now holds a total of 6,727 shares of Smith & Wesson Holding Corp which is valued at $195,554. Smith & Wesson Holding Corp makes up approx 0.06% of Next Financial Group Inc’s portfolio.

Smith & Wesson Holding Corp closed down -0.03 points or -0.10% at $28.73 with 11,16,131 shares getting traded on Wednesday. Post opening the session at $28.71, the shares hit an intraday low of $28.64 and an intraday high of $29.1199 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Smith & Wesson Holding Corp reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Jun 16, 2016. Analyst had a consensus of $0.54. The company had revenue of $221.12 million for the quarter, compared to analysts expectations of $214.54 million. The company’s revenue was up 22.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

Many Wall Street Analysts have commented on Smith & Wesson Holding Corp. Company shares were Reiterated by Wunderlich on Jul 18, 2016 to “Buy”, Firm has raised the Price Target to $ 34 from a previous price target of $32 .Company shares were Upgraded by Craig Hallum on Jun 17, 2016 to ” Buy”, Firm has raised the Price Target to $ 28 from a previous price target of $26 .Shares were Reiterated by Wedbush on Jun 10, 2016 to “Neutral” and Lowered the Price Target to $ 23 from a previous price target of $26 .

Smith & Wesson Holding Corporation is a manufacturer of firearms. The Company manufactures an array of handguns including revolvers and pistols; long guns including modern sporting rifles bolt action rifles and single shot rifles; handcuffs and firearm-related products and accessories. The Company operates through two segments: firearms and accessories. The firearm segment consists of products and services manufactured and sold from its Springfield Massachusetts; Houlton Maine and Deep River Connecticut facilities which includes firearms handcuffs and other related products. The Company sells the products through a distribution chain and direct sales to consumers and international state and federal Governments. The accessories segment consists of hunting and shooting accessories developed and marketed from its Columbia Missouri facility. The Company also provides shooting reloading gunsmithing and gun cleaning supplies.

Leave a Reply

Smith & Wesson Holding Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Smith & Wesson Holding Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.