Rhumbline Advisers grew its stake in shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) by 28.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,924 shares of the specialty retailer’s stock after acquiring an additional 6,925 shares during the period. Rhumbline Advisers’ holdings in Golfsmith International Holdings were worth $614,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of Golfsmith International Holdings during the 1st quarter worth approximately $150,000. American International Group Inc. acquired a new stake in shares of Golfsmith International Holdings in the 1st quarter worth approximately $227,000. Bank of America Corp DE grew its holdings in shares of Golfsmith International Holdings by 469.6% in the 1st quarter. Bank of America Corp DE now owns 17,606 shares of the specialty retailer’s stock worth $304,000 after acquiring an additional 14,515 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Golfsmith International Holdings in the 1st quarter worth approximately $409,000. Finally, Nationwide Fund Advisors grew its holdings in shares of Golfsmith International Holdings by 6.6% in the 1st quarter. Nationwide Fund Advisors now owns 27,934 shares of the specialty retailer’s stock worth $483,000 after acquiring an additional 1,720 shares during the period.

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Several research firms recently weighed in on GOLF. Jefferies Group LLC set a $22.00 price objective on Golfsmith International Holdings and gave the company a “buy” rating in a research note on Friday, August 11th. BidaskClub upgraded Golfsmith International Holdings from a “sell” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research upgraded Golfsmith International Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. Forward View set a $16.00 target price on Golfsmith International Holdings and gave the company a “hold” rating in a report on Monday, August 14th. Finally, Imperial Capital reissued an “in-line” rating and issued a $15.00 target price (down previously from $19.00) on shares of Golfsmith International Holdings in a report on Friday, August 11th. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Golfsmith International Holdings currently has an average rating of “Hold” and an average target price of $20.47.

Golfsmith International Holdings, Inc. (NASDAQ GOLF) opened at 17.76 on Monday. Golfsmith International Holdings, Inc. has a 12-month low of $16.33 and a 12-month high of $22.31. The firm has a market capitalization of $1.32 billion and a PE ratio of 18.66. The stock has a 50 day moving average price of $16.91 and a 200-day moving average price of $16.91.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.70%. The ex-dividend date was Wednesday, August 30th.

Golfsmith International Holdings Profile

Institutional Ownership by Quarter for Golfsmith International Holdings (NASDAQ:GOLF)

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