BlackRock Inc. grew its holdings in Franklin Covey Co. (NYSE:FC) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 837,242 shares of the business services provider’s stock after purchasing an additional 18,186 shares during the period. BlackRock Inc. owned approximately 0.06% of Franklin Covey worth $18,697,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rhumbline Advisers acquired a new stake in Franklin Covey during the fourth quarter valued at approximately $283,000. Pembroke Management LTD boosted its holdings in shares of Franklin Covey by 4.5% in the 4th quarter. Pembroke Management LTD now owns 854,629 shares of the business services provider’s stock worth $19,084,000 after acquiring an additional 36,850 shares in the last quarter. Vanguard Group Inc boosted its holdings in shares of Franklin Covey by 5.0% in the 3rd quarter. Vanguard Group Inc now owns 535,910 shares of the business services provider’s stock worth $12,674,000 after acquiring an additional 25,748 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Franklin Covey by 5.0% in the 3rd quarter. Vanguard Group Inc. now owns 535,910 shares of the business services provider’s stock worth $12,674,000 after acquiring an additional 25,748 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Franklin Covey by 19.1% in the 3rd quarter. Renaissance Technologies LLC now owns 74,300 shares of the business services provider’s stock worth $1,757,000 after acquiring an additional 11,900 shares in the last quarter. 44.66% of the stock is currently owned by institutional investors.

FC has been the topic of several recent analyst reports. B. Riley set a $30.00 target price on Franklin Covey and gave the stock a “buy” rating in a report on Friday, January 18th. Barrington Research set a $30.00 target price on Franklin Covey and gave the stock a “buy” rating in a report on Friday, December 28th. Zacks Investment Research raised Franklin Covey from a “strong sell” rating to a “hold” rating and set a $27.00 target price on the stock in a report on Thursday, January 10th. Finally, ValuEngine downgraded Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Monday, January 7th.

Shares of FC opened at $28.56 on Tuesday. The company has a market capitalization of $401.07 million, a PE ratio of -54.92 and a beta of 0.94. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.98 and a current ratio of 1.00. Franklin Covey Co. has a one year low of $20.52 and a one year high of $29.60.

Franklin Covey (NYSE:FC) last announced its earnings results on Thursday, April 4th. The business services provider reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.27) by $0.02. The business had revenue of $50.36 million for the quarter, compared to the consensus estimate of $48.72 million. Franklin Covey had a negative return on equity of 7.25% and a negative net margin of 2.56%. On average, sell-side analysts expect that Franklin Covey Co. will post -0.04 EPS for the current fiscal year.

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About Franklin Covey

Franklin Covey Co provides training and consulting services in the areas of leadership, productivity, strategic execution, trust, sales force performance, customer loyalty, and communication effectiveness skills for organizations and individuals worldwide. The company operates through three segments: Direct Offices, Education Practice, and International Licensees.

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Institutional Ownership by Quarter for Franklin Covey (NYSE:FC)

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