Dicks Sporting Goods Inc (DKS) : Advisory Services Network scooped up 248 additional shares in Dicks Sporting Goods Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 3,802 shares of Dicks Sporting Goods Inc which is valued at $219,413.Dicks Sporting Goods Inc makes up approximately 0.04% of Advisory Services Network’s portfolio.
Other Hedge Funds, Including , Trust Co Of Oklahoma reduced its stake in DKS by selling 68 shares or 0.81% in the most recent quarter. The Hedge Fund company now holds 8,278 shares of DKS which is valued at $477,723. Dicks Sporting Goods Inc makes up approx 0.26% of Trust Co Of Oklahoma’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in DKS by selling 16,014 shares or 35.06% in the most recent quarter. The Hedge Fund company now holds 29,668 shares of DKS which is valued at $1,682,472. Dicks Sporting Goods Inc makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Washington Trust Bank reduced its stake in DKS by selling 352 shares or 91.43% in the most recent quarter. The Hedge Fund company now holds 33 shares of DKS which is valued at $1,871.
Dicks Sporting Goods Inc closed down -0.41 points or -0.71% at $57.71 with 16,42,504 shares getting traded on Friday. Post opening the session at $58.16, the shares hit an intraday low of $57.44 and an intraday high of $58.41 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Dicks Sporting Goods Inc reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Aug 16, 2016. Analyst had a consensus of $0.69. The company had revenue of $1968.00 million for the quarter, compared to analysts expectations of $1885.96 million. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS.
Many Wall Street Analysts have commented on Dicks Sporting Goods Inc. Dicks Sporting Goods Inc was Initiated by Guggenheim to “Neutral” on Sep 21, 2016. Company shares were Reiterated by RBC Capital Mkts on Aug 17, 2016 to “Outperform”, Firm has raised the Price Target to $ 66 from a previous price target of $59 .Company shares were Reiterated by Stifel on Aug 17, 2016 to “Buy”, Firm has raised the Price Target to $ 65 from a previous price target of $60 .
DICK’S Sporting Goods Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment apparel footwear and accessories. The Company offers hardlines such as sporting goods equipment fitness equipment golf equipment and hunting and fishing gear. The Company also owns and operates Golf Galaxy Field & Stream and True Runner specialty stores. As of January 31 2015 the Company operated 603 Dick’s Sporting Goods stores in 46 states 78 Golf Galaxy stores in 29 states 10 Field & Stream stores in five states and three True Runner stores in three states. It also operates e-commerce Websites at www.DICKS.com and www.golfgalaxy.com.