Rhumbline Advisers trimmed its stake in shares of International Speedway Corporation (NASDAQ:ISCA) by 1.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,350 shares of the company’s stock after selling 775 shares during the quarter. Rhumbline Advisers owned approximately 0.12% of International Speedway Corporation worth $2,003,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP boosted its stake in International Speedway Corporation by 165.1% during the 1st quarter. Quantbot Technologies LP now owns 3,446 shares of the company’s stock valued at $127,000 after acquiring an additional 2,146 shares during the last quarter. Victory Capital Management Inc. bought a new position in International Speedway Corporation during the 1st quarter valued at $179,000. Oxford Asset Management bought a new position in International Speedway Corporation during the 1st quarter valued at $220,000. Louisiana State Employees Retirement System boosted its stake in International Speedway Corporation by 3.1% during the 2nd quarter. Louisiana State Employees Retirement System now owns 6,600 shares of the company’s stock valued at $248,000 after acquiring an additional 200 shares during the last quarter. Finally, TFS Capital LLC boosted its stake in International Speedway Corporation by 14.2% during the 1st quarter. TFS Capital LLC now owns 7,048 shares of the company’s stock valued at $260,000 after acquiring an additional 879 shares during the last quarter. Hedge funds and other institutional investors own 50.72% of the company’s stock.

ISCA has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of International Speedway Corporation from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a research note on Friday, July 7th. BidaskClub upgraded shares of International Speedway Corporation from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Citigroup Inc. reiterated a “sell” rating and set a $30.00 price objective (down from $31.00) on shares of International Speedway Corporation in a research note on Monday, July 10th. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The company has a consensus rating of “Hold” and an average target price of $36.50.

International Speedway Corporation (NASDAQ ISCA) opened at 35.50 on Friday. The company has a market capitalization of $1.59 billion, a P/E ratio of 23.25 and a beta of 1.17. The stock has a 50 day moving average of $35.11 and a 200-day moving average of $35.94. International Speedway Corporation has a 52-week low of $30.05 and a 52-week high of $40.31.

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

ILLEGAL ACTIVITY NOTICE: “International Speedway Corporation (ISCA) Shares Sold by Rhumbline Advisers” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/09/16/international-speedway-corporation-isca-shares-sold-by-rhumbline-advisers.html.

In related news, Director Hyatt J. Brown bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 12th. The shares were acquired at an average price of $33.79 per share, with a total value of $337,900.00. Following the completion of the transaction, the director now owns 809 shares of the company’s stock, valued at approximately $27,336.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 43.06% of the company’s stock.

International Speedway Corporation Company Profile

Want to see what other hedge funds are holding ISCA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Speedway Corporation (NASDAQ:ISCA).

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

Receive News & Stock Ratings for International Speedway Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Speedway Corporation and related stocks with our FREE daily email newsletter.