Sportsman’s Warehouse (NASDAQ:SPWH) Shares Bought by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC increased its holdings in shares of Sportsman’s Warehouse (NASDAQ:SPWH) by 8.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 205,100 shares of the company’s stock after purchasing an additional 16,100 shares during the period. Brandywine Global Investment Management LLC owned 0.48% of Sportsman’s Warehouse worth $1,356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in SPWH. Nationwide Fund Advisors raised its stake in shares of Sportsman’s Warehouse by 35.8% in the 2nd quarter. Nationwide Fund Advisors now owns 20,626 shares of the company’s stock valued at $111,000 after purchasing an additional 5,442 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Sportsman’s Warehouse by 41.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,397 shares of the company’s stock valued at $169,000 after purchasing an additional 9,156 shares in the last quarter. California State Teachers Retirement System raised its stake in Sportsman’s Warehouse by 23.5% during the second quarter. California State Teachers Retirement System now owns 64,124 shares of the company’s stock worth $346,000 after acquiring an additional 12,200 shares during the period. Geode Capital Management LLC raised its stake in Sportsman’s Warehouse by 4.8% during the fourth quarter. Geode Capital Management LLC now owns 276,643 shares of the company’s stock worth $1,828,000 after acquiring an additional 12,617 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Sportsman’s Warehouse by 8.9% during the fourth quarter. Bank of New York Mellon Corp now owns 163,467 shares of the company’s stock worth $1,080,000 after acquiring an additional 13,402 shares during the period. 97.66% of the stock is owned by hedge funds and other institutional investors.

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SPWH stock traded up $0.19 during midday trading on Thursday, reaching $5.09. The company had a trading volume of 481,727 shares, compared to its average volume of 579,183. Sportsman’s Warehouse has a 1 year low of $3.40 and a 1 year high of $6.99. The company has a quick ratio of 0.07, a current ratio of 1.80 and a debt-to-equity ratio of 2.66. The company has a market cap of $208.40, a price-to-earnings ratio of 10.18, a PEG ratio of 0.83 and a beta of -0.65.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its earnings results on Wednesday, March 28th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.07). The company had revenue of $243.17 million during the quarter, compared to analysts’ expectations of $241.93 million. Sportsman’s Warehouse had a return on equity of 56.40% and a net margin of 2.19%. research analysts anticipate that Sportsman’s Warehouse will post 0.59 EPS for the current year.

SPWH has been the topic of several research reports. BidaskClub upgraded shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research note on Friday, December 22nd. Zacks Investment Research upgraded shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Saturday, December 30th. Robert W. Baird reiterated a “buy” rating and issued a $8.00 price objective on shares of Sportsman’s Warehouse in a report on Wednesday, January 3rd. Finally, ValuEngine cut shares of Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Sportsman’s Warehouse has a consensus rating of “Hold” and an average target price of $5.50.

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About Sportsman’s Warehouse

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.

Institutional Ownership by Quarter for Sportsman`s Warehouse (NASDAQ:SPWH)

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