Engineers Gate Manager LP acquired a new position in Boot Barn Holdings, Inc. (NYSE:BOOT) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 55,771 shares of the company’s stock, valued at approximately $395,000. Engineers Gate Manager LP owned 0.21% of Boot Barn Holdings as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Trexquant Investment LP purchased a new position in Boot Barn Holdings in the second quarter worth approximately $106,000. Gotham Asset Management LLC purchased a new position in Boot Barn Holdings in the first quarter worth approximately $112,000. Eagle Global Advisors LLC purchased a new position in Boot Barn Holdings in the first quarter worth approximately $113,000. Alambic Investment Management L.P. purchased a new position in Boot Barn Holdings in the first quarter worth approximately $155,000. Finally, Marshall Wace North America L.P. purchased a new position in Boot Barn Holdings in the second quarter worth approximately $178,000.

Several brokerages recently weighed in on BOOT. Robert W. Baird upgraded Boot Barn Holdings from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $10.00 to $11.00 in a research report on Friday, August 4th. Zacks Investment Research upgraded Boot Barn Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Piper Jaffray Companies reiterated a “buy” rating on shares of Boot Barn Holdings in a research report on Thursday, August 3rd. Jefferies Group LLC reiterated a “buy” rating and issued a $15.00 price objective on shares of Boot Barn Holdings in a research report on Tuesday, July 4th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a $7.00 price objective (down from $11.00) on shares of Boot Barn Holdings in a research report on Tuesday, June 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $10.88.

Boot Barn Holdings, Inc. (NYSE:BOOT) opened at 8.59 on Monday. The firm’s 50-day moving average price is $8.34 and its 200-day moving average price is $8.51. The firm has a market capitalization of $228.43 million, a PE ratio of 15.94 and a beta of 1.26. Boot Barn Holdings, Inc. has a 1-year low of $5.90 and a 1-year high of $17.26.

Boot Barn Holdings (NYSE:BOOT) last announced its quarterly earnings data on Tuesday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. Boot Barn Holdings had a net margin of 2.26% and a return on equity of 8.58%. The company had revenue of $139.40 million during the quarter, compared to analysts’ expectations of $139.00 million. During the same period in the previous year, the company earned $0.02 EPS. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. On average, equities research analysts predict that Boot Barn Holdings, Inc. will post $0.61 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Engineers Gate Manager LP Acquires Shares of 55,771 Boot Barn Holdings, Inc. (BOOT)” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://www.thecerbatgem.com/2017/09/18/engineers-gate-manager-lp-acquires-shares-of-55771-boot-barn-holdings-inc-boot.html.

Boot Barn Holdings Profile

Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.

Institutional Ownership by Quarter for Boot Barn Holdings (NYSE:BOOT)

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