Foot Locker, Inc. (FL) Shares Bought by Afam Capital Inc.

Afam Capital Inc. raised its holdings in Foot Locker, Inc. (NYSE:FL) by 73.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,033 shares of the athletic footwear retailer’s stock after acquiring an additional 14,409 shares during the period. Afam Capital Inc.’s holdings in Foot Locker were worth $1,199,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Alps Advisors Inc. boosted its position in shares of Foot Locker by 0.3% during the second quarter. Alps Advisors Inc. now owns 6,312 shares of the athletic footwear retailer’s stock worth $311,000 after buying an additional 17 shares during the period. Thrivent Financial For Lutherans boosted its position in shares of Foot Locker by 2.5% during the second quarter. Thrivent Financial For Lutherans now owns 5,010 shares of the athletic footwear retailer’s stock worth $247,000 after buying an additional 120 shares during the period. Empirical Finance LLC boosted its position in shares of Foot Locker by 0.7% during the second quarter. Empirical Finance LLC now owns 31,054 shares of the athletic footwear retailer’s stock worth $1,531,000 after buying an additional 205 shares during the period. Formidable Asset Management LLC boosted its position in shares of Foot Locker by 2.8% during the second quarter. Formidable Asset Management LLC now owns 12,446 shares of the athletic footwear retailer’s stock worth $613,000 after buying an additional 336 shares during the period. Finally, Ffcm LLC boosted its position in shares of Foot Locker by 9.3% during the second quarter. Ffcm LLC now owns 4,072 shares of the athletic footwear retailer’s stock worth $201,000 after buying an additional 348 shares during the period. 88.08% of the stock is owned by hedge funds and other institutional investors.

FL has been the subject of several recent research reports. FBR & Co reaffirmed a “neutral” rating and set a $58.00 price objective on shares of Foot Locker in a research report on Tuesday, August 15th. Oppenheimer reaffirmed a “hold” rating on shares of Foot Locker in a research report on Tuesday, August 15th. Telsey Advisory Group cut Foot Locker from an “outperform” rating to a “market perform” rating and set a $60.00 price objective for the company. in a research report on Friday, August 18th. Deutsche Bank cut Foot Locker from a “buy” rating to a “hold” rating and increased their price target for the company from $49.00 to $72.00 in a research report on Friday, August 18th. Finally, Wells Fargo & Company cut Foot Locker from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $55.00 to $37.00 in a research report on Friday, August 18th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eleven have given a buy rating to the company. Foot Locker currently has an average rating of “Hold” and a consensus target price of $52.27.

Shares of Foot Locker, Inc. (NYSE FL) opened at $44.57 on Wednesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.41 and a quick ratio of 2.09. The stock has a market capitalization of $5,506.73, a P/E ratio of 10.52, a price-to-earnings-growth ratio of 2.18 and a beta of 0.84. Foot Locker, Inc. has a 52 week low of $28.42 and a 52 week high of $78.18.

Foot Locker (NYSE:FL) last released its quarterly earnings data on Friday, November 17th. The athletic footwear retailer reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.07. The firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.82 billion. Foot Locker had a return on equity of 19.96% and a net margin of 6.79%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.13 earnings per share. equities research analysts forecast that Foot Locker, Inc. will post 4.07 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, February 2nd. Stockholders of record on Friday, January 19th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Thursday, January 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.78%. Foot Locker’s dividend payout ratio (DPR) is currently 31.16%.

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Foot Locker Company Profile

Foot Locker, Inc is a retailer of shoes and apparel. The Company operates through two segments: Athletic Stores and Direct-to-Customers. The Company is an athletic footwear and apparel retailer, which include businesses, such as include Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.

Institutional Ownership by Quarter for Foot Locker (NYSE:FL)

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