KBC Group NV increased its holdings in shares of Hibbett Sports, Inc. (NASDAQ:HIBB) by 72.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,889 shares of the company’s stock after acquiring an additional 34,317 shares during the period. KBC Group NV owned approximately 0.40% of Hibbett Sports worth $1,167,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of HIBB. Renaissance Technologies LLC bought a new stake in Hibbett Sports during the second quarter worth about $15,077,000. Dimensional Fund Advisors LP boosted its stake in Hibbett Sports by 63.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,312,080 shares of the company’s stock worth $27,226,000 after acquiring an additional 511,443 shares in the last quarter. Koch Industries Inc. bought a new stake in Hibbett Sports during the second quarter worth about $313,000. Nordea Investment Management AB boosted its stake in Hibbett Sports by 74.6% during the second quarter. Nordea Investment Management AB now owns 651,637 shares of the company’s stock worth $13,521,000 after acquiring an additional 278,395 shares in the last quarter. Finally, Dean Capital Management bought a new stake in Hibbett Sports during the second quarter worth about $3,133,000.

Hibbett Sports, Inc. (NASDAQ HIBB) opened at $20.80 on Thursday. Hibbett Sports, Inc. has a twelve month low of $9.40 and a twelve month high of $41.15. The firm has a market cap of $414.90, a P/E ratio of 11.68, a PEG ratio of 6.26 and a beta of 0.96.

Hibbett Sports (NASDAQ:HIBB) last released its quarterly earnings data on Friday, November 17th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.15. Hibbett Sports had a net margin of 3.94% and a return on equity of 11.38%. The firm had revenue of $237.80 million during the quarter, compared to analysts’ expectations of $219.38 million. During the same period in the previous year, the company earned $0.66 earnings per share. The firm’s quarterly revenue was up .3% on a year-over-year basis. analysts anticipate that Hibbett Sports, Inc. will post 1.5 EPS for the current fiscal year.

Several research analysts have issued reports on the stock. ValuEngine raised shares of Hibbett Sports from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. TheStreet raised shares of Hibbett Sports from a “d+” rating to a “c” rating in a report on Tuesday, November 21st. Zacks Investment Research cut shares of Hibbett Sports from a “buy” rating to a “hold” rating in a report on Thursday, November 23rd. Buckingham Research cut shares of Hibbett Sports from a “neutral” rating to an “underperform” rating and set a $13.00 target price for the company. in a report on Tuesday, November 21st. Finally, Susquehanna Bancshares reaffirmed a “buy” rating and issued a $21.00 target price on shares of Hibbett Sports in a report on Monday, November 20th. Five analysts have rated the stock with a sell rating, twelve have issued a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $21.12.

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Hibbett Sports Company Profile

Hibbett Sports, Inc operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states.

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Institutional Ownership by Quarter for Hibbett Sports (NASDAQ:HIBB)

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