Barrow Hanley Mewhinney & Strauss LLC Trims Position in Hibbett Sports, Inc. (HIBB)

Barrow Hanley Mewhinney & Strauss LLC trimmed its holdings in shares of Hibbett Sports, Inc. (NASDAQ:HIBB) by 53.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 97,675 shares of the company’s stock after selling 110,318 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 0.48% of Hibbett Sports worth $1,993,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of HIBB. Ameriprise Financial Inc. boosted its holdings in Hibbett Sports by 31.6% during the second quarter. Ameriprise Financial Inc. now owns 153,245 shares of the company’s stock worth $3,180,000 after buying an additional 36,793 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Hibbett Sports by 4.9% during the second quarter. California Public Employees Retirement System now owns 94,900 shares of the company’s stock worth $1,969,000 after buying an additional 4,400 shares in the last quarter. Parametric Portfolio Associates LLC boosted its holdings in Hibbett Sports by 25.8% during the second quarter. Parametric Portfolio Associates LLC now owns 125,707 shares of the company’s stock worth $2,608,000 after buying an additional 25,769 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Hibbett Sports by 63.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,312,080 shares of the company’s stock worth $27,226,000 after buying an additional 511,443 shares in the last quarter. Finally, Voya Investment Management LLC boosted its holdings in Hibbett Sports by 11.9% during the second quarter. Voya Investment Management LLC now owns 12,007 shares of the company’s stock worth $249,000 after buying an additional 1,278 shares in the last quarter.

Shares of Hibbett Sports, Inc. (HIBB) opened at $25.00 on Friday. Hibbett Sports, Inc. has a 12-month low of $9.40 and a 12-month high of $30.75. The stock has a market cap of $477.22, a P/E ratio of 14.37 and a beta of 1.06.

A number of analysts recently weighed in on the stock. BidaskClub upgraded shares of Hibbett Sports from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. Bank of America upgraded shares of Hibbett Sports from an “underperform” rating to a “buy” rating and reduced their price target for the company from $14.00 to $12.00 in a research report on Tuesday, January 16th. Consumer Edge upgraded shares of Hibbett Sports from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 7th. Canaccord Genuity upgraded shares of Hibbett Sports from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research report on Monday, January 8th. Finally, Robert W. Baird restated a “hold” rating and issued a $21.00 price target on shares of Hibbett Sports in a research report on Wednesday, January 3rd. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $19.73.

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Hibbett Sports Profile

Hibbett Sports, Inc operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states.

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Institutional Ownership by Quarter for Hibbett Sports (NASDAQ:HIBB)

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