Gamco Investors INC. ET AL raised its stake in International Speedway Corporation (NASDAQ:ISCA) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 125,000 shares of the company’s stock after purchasing an additional 5,000 shares during the quarter. Gamco Investors INC. ET AL owned about 0.28% of International Speedway Corporation worth $4,500,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Investment Management Company LLC raised its position in International Speedway Corporation by 5.0% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 4,580 shares of the company’s stock valued at $153,000 after purchasing an additional 217 shares during the period. Victory Capital Management Inc. raised its position in International Speedway Corporation by 17.6% in the second quarter. Victory Capital Management Inc. now owns 5,682 shares of the company’s stock valued at $213,000 after purchasing an additional 850 shares during the period. Susquehanna International Group LLP purchased a new position in International Speedway Corporation in the second quarter valued at about $243,000. Louisiana State Employees Retirement System raised its position in 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 purchasing an additional 200 shares during the period. Finally, Russell Investments Group Ltd. raised its position in International Speedway Corporation by 333.1% in the second quarter. Russell Investments Group Ltd. now owns 10,125 shares of the company’s stock valued at $381,000 after purchasing an additional 7,787 shares during the period. 51.09% of the stock is currently owned by institutional investors.

Shares of International Speedway Corporation (ISCA) opened at $40.15 on Monday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.41 and a current ratio of 2.41. The firm has a market capitalization of $1,774.15, a PE ratio of 25.90, a PEG ratio of 6.33 and a beta of 1.11. International Speedway Corporation has a 52 week low of $32.25 and a 52 week high of $40.90.

International Speedway Corporation (NASDAQ:ISCA) last announced its earnings results on Thursday, October 5th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.03. The company had revenue of $131.90 million during the quarter, compared to the consensus estimate of $128.82 million. International Speedway Corporation had a return on equity of 5.05% and a net margin of 10.07%. The company’s revenue was up 2.2% on a year-over-year basis. During the same period last year, the firm earned $0.03 earnings per share. sell-side analysts predict that International Speedway Corporation will post 1.59 EPS for the current fiscal year.

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ISCA has been the subject of several recent analyst reports. Zacks Investment Research upgraded International Speedway Corporation from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. Citigroup Inc. restated a “sell” rating and set a $31.00 target price (up from $30.00) on shares of International Speedway Corporation in a research note on Monday, October 9th. Finally, BidaskClub upgraded International Speedway Corporation from a “strong sell” rating to a “sell” rating in a research note on Monday, July 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $38.50.

International Speedway Corporation Profile

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

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