Parametric Portfolio Associates LLC increased its position in shares of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) by 7.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,160 shares of the company’s stock after purchasing an additional 7,550 shares during the quarter. Parametric Portfolio Associates LLC owned approximately 0.49% of Big 5 Sporting Goods Corporation worth $1,385,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC increased its position in shares of Big 5 Sporting Goods Corporation by 22.4% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 366,635 shares of the company’s stock worth $4,785,000 after purchasing an additional 66,990 shares in the last quarter. Texas Permanent School Fund increased its position in shares of Big 5 Sporting Goods Corporation by 1.4% during the 2nd quarter. Texas Permanent School Fund now owns 13,102 shares of the company’s stock worth $171,000 after purchasing an additional 185 shares in the last quarter. Prudential Financial Inc. increased its position in shares of Big 5 Sporting Goods Corporation by 83.5% during the 1st quarter. Prudential Financial Inc. now owns 69,749 shares of the company’s stock worth $1,053,000 after purchasing an additional 31,735 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Big 5 Sporting Goods Corporation by 7.6% during the 2nd quarter. Wells Fargo & Company MN now owns 196,400 shares of the company’s stock worth $2,564,000 after purchasing an additional 13,807 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in Big 5 Sporting Goods Corporation by 27.2% in the 2nd quarter. Bessemer Group Inc. now owns 29,900 shares of the company’s stock valued at $390,000 after acquiring an additional 6,400 shares in the last quarter.

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In other Big 5 Sporting Goods Corporation news, Director Van B. Honeycutt bought 48,000 shares of Big 5 Sporting Goods Corporation stock in a transaction dated Friday, August 18th. The shares were bought at an average price of $7.71 per share, with a total value of $370,080.00. Following the purchase, the director now owns 18,600 shares of the company’s stock, valued at $143,406. The transaction was disclosed in a document filed with the SEC, which is available at this link. 7.90% of the stock is currently owned by company insiders.

BGFV has been the subject of several research reports. Zacks Investment Research upgraded shares of Big 5 Sporting Goods Corporation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Forward View restated a “hold” rating and issued a $11.00 price objective on shares of Big 5 Sporting Goods Corporation in a research report on Tuesday, August 8th. ValuEngine cut shares of Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 1st. TheStreet cut shares of Big 5 Sporting Goods Corporation from a “b-” rating to a “c” rating in a research report on Wednesday, August 9th. Finally, Deutsche Bank AG cut shares of Big 5 Sporting Goods Corporation from a “buy” rating to a “hold” rating and lowered their price objective for the company from $20.00 to $10.00 in a research report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Big 5 Sporting Goods Corporation presently has an average rating of “Hold” and a consensus target price of $9.00.

Shares of Big 5 Sporting Goods Corporation (BGFV) opened at $6.35 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.07 and a quick ratio of 0.16. The firm has a market cap of $140.35, a PE ratio of 6.68 and a beta of -0.24. Big 5 Sporting Goods Corporation has a 1 year low of $6.00 and a 1 year high of $20.35.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.28 earnings per share for the quarter, meeting the consensus estimate of $0.28. The firm had revenue of $270.47 million during the quarter, compared to analysts’ expectations of $272.27 million. Big 5 Sporting Goods Corporation had a net margin of 2.11% and a return on equity of 10.37%. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.38 EPS. equities research analysts forecast that Big 5 Sporting Goods Corporation will post 0.88 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 9.45%. The ex-dividend date of this dividend is Thursday, November 30th. Big 5 Sporting Goods Corporation’s dividend payout ratio (DPR) is presently 60.00%.

Big 5 Sporting Goods Corporation Company Profile

Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The Company offers a range of products in a sporting goods store format. The Company also offers products online through its e-commerce platform. The Company’s product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports.

Institutional Ownership by Quarter for Big 5 Sporting Goods Corporation (NASDAQ:BGFV)

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