Atlas Brown Inc. Invests $146,000 in Big 5 Sporting Goods Co. (NASDAQ:BGFV)

Atlas Brown Inc. acquired a new position in Big 5 Sporting Goods Co. (NASDAQ:BGFVGet Rating) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 13,000 shares of the company’s stock, valued at approximately $146,000.

Other institutional investors have also recently made changes to their positions in the company. Exchange Traded Concepts LLC lifted its stake in shares of Big 5 Sporting Goods by 4.9% in the 1st quarter. Exchange Traded Concepts LLC now owns 31,128 shares of the company’s stock worth $534,000 after purchasing an additional 1,441 shares during the period. Qube Research & Technologies Ltd bought a new stake in Big 5 Sporting Goods during the 1st quarter worth approximately $347,000. Point72 Hong Kong Ltd raised its stake in Big 5 Sporting Goods by 487.8% during the 4th quarter. Point72 Hong Kong Ltd now owns 1,446 shares of the company’s stock worth $27,000 after acquiring an additional 1,200 shares during the period. HighTower Advisors LLC raised its stake in Big 5 Sporting Goods by 92.4% during the 4th quarter. HighTower Advisors LLC now owns 25,100 shares of the company’s stock worth $477,000 after acquiring an additional 12,051 shares during the period. Finally, GSA Capital Partners LLP bought a new stake in Big 5 Sporting Goods during the 1st quarter worth approximately $1,030,000. Institutional investors own 47.15% of the company’s stock.

Big 5 Sporting Goods Stock Performance

NASDAQ BGFV traded down $0.24 on Friday, reaching $10.73. 5,364 shares of the stock were exchanged, compared to its average volume of 332,102. Big 5 Sporting Goods Co. has a one year low of $10.39 and a one year high of $47.65. The firm has a market capitalization of $237.99 million, a PE ratio of 3.83 and a beta of 2.59. The company’s 50-day simple moving average is $12.33 and its two-hundred day simple moving average is $13.48. The company has a current ratio of 1.54, a quick ratio of 0.26 and a debt-to-equity ratio of 0.02.

Big 5 Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 9.32%. The ex-dividend date of this dividend was Wednesday, August 31st. Big 5 Sporting Goods’s payout ratio is currently 35.97%.

Big 5 Sporting Goods Company Profile

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Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company's products include athletic shoes, apparel, and accessories. It also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.

Further Reading

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Institutional Ownership by Quarter for Big 5 Sporting Goods (NASDAQ:BGFV)

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