Boot Barn Holdings, Inc. (NYSE:BOOT) Holdings Boosted by Fisher Asset Management LLC

Fisher Asset Management LLC raised its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 2.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,192 shares of the company’s stock after purchasing an additional 83 shares during the quarter. Fisher Asset Management LLC’s holdings in Boot Barn were worth $701,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Price T Rowe Associates Inc. MD lifted its stake in Boot Barn by 6.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,722 shares of the company’s stock worth $1,782,000 after acquiring an additional 1,188 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Boot Barn by 4.4% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 27,849 shares of the company’s stock valued at $2,650,000 after purchasing an additional 1,179 shares during the period. GAMMA Investing LLC lifted its position in shares of Boot Barn by 111.1% in the second quarter. GAMMA Investing LLC now owns 266 shares of the company’s stock worth $34,000 after purchasing an additional 140 shares in the last quarter. Tilia Fiduciary Partners Inc. boosted its holdings in shares of Boot Barn by 1.4% during the second quarter. Tilia Fiduciary Partners Inc. now owns 10,209 shares of the company’s stock worth $1,316,000 after purchasing an additional 136 shares during the period. Finally, OLD National Bancorp IN purchased a new position in Boot Barn during the second quarter valued at approximately $288,000.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BOOT shares. BTIG Research increased their target price on shares of Boot Barn from $165.00 to $185.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. Citigroup reduced their price objective on Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. JPMorgan Chase & Co. upped their target price on Boot Barn from $160.00 to $181.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. Baird R W upgraded Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 30th. Finally, Craig Hallum cut Boot Barn from a “buy” rating to a “hold” rating and boosted their price target for the company from $154.00 to $162.00 in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $164.55.

Boot Barn Trading Up 0.7 %

NYSE:BOOT opened at $137.14 on Friday. The firm has a market capitalization of $4.19 billion, a PE ratio of 27.54 and a beta of 2.16. Boot Barn Holdings, Inc. has a 1 year low of $68.37 and a 1 year high of $169.83. The firm’s fifty day simple moving average is $149.17 and its 200 day simple moving average is $136.68.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings results on Monday, October 28th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.02. Boot Barn had a return on equity of 15.89% and a net margin of 8.73%. The company had revenue of $425.80 million for the quarter, compared to the consensus estimate of $424.42 million. During the same period last year, the business posted $0.91 earnings per share. The firm’s revenue was up 13.7% compared to the same quarter last year. As a group, analysts anticipate that Boot Barn Holdings, Inc. will post 5.48 EPS for the current fiscal year.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.