Engineers Gate Manager LP purchased a new stake in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 88,677 shares of the company’s stock, valued at approximately $678,000. Engineers Gate Manager LP owned approximately 0.41% of Big 5 Sporting Goods as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of BGFV. BNP Paribas Arbitrage SA grew its position in shares of Big 5 Sporting Goods by 45.4% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,954 shares of the company’s stock worth $104,000 after buying an additional 2,482 shares during the last quarter. Alliancebernstein L.P. purchased a new position in shares of Big 5 Sporting Goods in the 2nd quarter worth approximately $133,000. Private Advisor Group LLC purchased a new position in shares of Big 5 Sporting Goods in the 3rd quarter worth approximately $165,000. Texas Permanent School Fund grew its position in shares of Big 5 Sporting Goods by 1.4% in the 2nd quarter. Texas Permanent School Fund now owns 13,102 shares of the company’s stock worth $171,000 after buying an additional 185 shares during the last quarter. Finally, Symons Capital Management Inc. purchased a new position in shares of Big 5 Sporting Goods in the 2nd quarter worth approximately $181,000.

A number of brokerages have recently issued reports on BGFV. Zacks Investment Research raised shares of Big 5 Sporting Goods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Forward View reaffirmed a “hold” rating and issued a $8.00 price objective on shares of Big 5 Sporting Goods in a research report on Sunday, September 3rd. Finally, ValuEngine raised shares of Big 5 Sporting Goods from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. Big 5 Sporting Goods currently has an average rating of “Hold” and a consensus target price of $9.00.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) opened at $7.65 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.07 and a quick ratio of 0.16. Big 5 Sporting Goods Corporation has a 12-month low of $6.00 and a 12-month high of $18.80. The stock has a market cap of $158.56, a P/E ratio of 7.55 and a beta of -0.07.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 7.84%. The ex-dividend date was Thursday, November 30th. Big 5 Sporting Goods’s dividend payout ratio (DPR) is currently 60.00%.

In other Big 5 Sporting Goods news, Director Van B. Honeycutt acquired 43,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were acquired at an average cost of $7.26 per share, with a total value of $312,180.00. Following the acquisition, the director now directly owns 18,600 shares of the company’s stock, valued at $135,036. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 7.90% of the stock is owned by corporate insiders.

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Big 5 Sporting Goods 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.

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

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