Strs Ohio maintained its position in shares of International Speedway Corporation (NASDAQ:ISCA) during the second quarter, Holdings Channel reports. The fund owned 23,100 shares of the company’s stock at the end of the second quarter. Strs Ohio’s holdings in International Speedway Corporation were worth $867,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Meeder Asset Management Inc. increased its position in shares of International Speedway Corporation by 0.3% in the second quarter. Meeder Asset Management Inc. now owns 20,942 shares of the company’s stock valued at $787,000 after buying an additional 67 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of International Speedway Corporation by 1.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 9,626 shares of the company’s stock valued at $356,000 after buying an additional 100 shares during the last quarter. Louisiana State Employees Retirement System increased its position in shares of International Speedway Corporation by 3.1% in the second quarter. Louisiana State Employees Retirement System now owns 6,600 shares of the company’s stock valued at $248,000 after buying an additional 200 shares during the last quarter. State Treasurer State of Michigan increased its position in shares of International Speedway Corporation by 2.0% in the second quarter. State Treasurer State of Michigan now owns 10,450 shares of the company’s stock valued at $392,000 after buying an additional 200 shares during the last quarter. Finally, Comerica Bank increased its position in shares of International Speedway Corporation by 2.0% in the first quarter. Comerica Bank now owns 19,536 shares of the company’s stock valued at $742,000 after buying an additional 379 shares during the last quarter. 50.54% of the stock is currently owned by hedge funds and other institutional investors.

International Speedway Corporation (ISCA) opened at 34.45 on Friday. The stock has a 50 day moving average price of $34.89 and a 200-day moving average price of $36.28. International Speedway Corporation has a 52 week low of $30.05 and a 52 week high of $40.31. The firm has a market capitalization of $1.54 billion, a P/E ratio of 22.56 and a beta of 1.17.

International Speedway Corporation (NASDAQ:ISCA) last posted its earnings results on Monday, July 3rd. The company reported $0.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.32 by $0.02. The firm had revenue of $165.30 million for the quarter, compared to analysts’ expectations of $166.79 million. International Speedway Corporation had a return on equity of 4.94% and a net margin of 10.41%. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.29 earnings per share. Analysts anticipate that International Speedway Corporation will post $1.54 EPS for the current fiscal year.

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Several brokerages have commented on ISCA. BidaskClub raised International Speedway Corporation from a “strong sell” rating to a “sell” rating in a report on Monday, July 24th. Zacks Investment Research raised International Speedway Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, June 8th. Finally, Citigroup Inc. reissued a “sell” rating and issued a $30.00 price objective (down from $31.00) on shares of International Speedway Corporation in a research note on Monday, July 10th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company. International Speedway Corporation has a consensus rating of “Hold” and an average target price of $36.50.

In other news, Director Hyatt J. Brown bought 10,000 shares of the company’s stock in a transaction dated Wednesday, July 12th. The stock was bought at an average cost of $33.79 per share, for a total transaction of $337,900.00. Following the completion of the acquisition, the director now owns 809 shares in the company, valued at approximately $27,336.11. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 43.06% of the company’s stock.

About International Speedway Corporation

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Institutional Ownership by Quarter for International Speedway Corporation (NASDAQ:ISCA)

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