Smith & Wesson Brands, Inc. (NASDAQ:SWBI) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. grew its holdings in shares of Smith & Wesson Brands, Inc. (NASDAQ:SWBI) by 494.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 12,679 shares of the company’s stock after acquiring an additional 10,546 shares during the quarter. Blue Trust Inc.’s holdings in Smith & Wesson Brands were worth $182,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. NBC Securities Inc. lifted its position in shares of Smith & Wesson Brands by 823.8% during the 3rd quarter. NBC Securities Inc. now owns 4,000 shares of the company’s stock valued at $51,000 after acquiring an additional 3,567 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in Smith & Wesson Brands in the third quarter valued at about $295,000. SG Americas Securities LLC lifted its stake in shares of Smith & Wesson Brands by 100.6% in the 3rd quarter. SG Americas Securities LLC now owns 15,923 shares of the company’s stock valued at $207,000 after purchasing an additional 7,985 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in Smith & Wesson Brands in the 2nd quarter worth approximately $59,000. Finally, Cetera Investment Advisers raised its holdings in Smith & Wesson Brands by 1.8% in the 2nd quarter. Cetera Investment Advisers now owns 80,650 shares of the company’s stock worth $1,157,000 after acquiring an additional 1,421 shares during the period. Institutional investors own 59.33% of the company’s stock.

Smith & Wesson Brands Stock Performance

SWBI opened at $13.06 on Friday. Smith & Wesson Brands, Inc. has a 12-month low of $11.96 and a 12-month high of $18.05. The stock’s 50 day moving average price is $13.50 and its two-hundred day moving average price is $15.00. The firm has a market capitalization of $595.01 million, a P/E ratio of 15.19 and a beta of 1.00. The company has a quick ratio of 1.19, a current ratio of 3.54 and a debt-to-equity ratio of 0.28.

Smith & Wesson Brands (NASDAQ:SWBI) last announced its quarterly earnings data on Thursday, September 5th. The company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02). The company had revenue of $88.33 million for the quarter, compared to analyst estimates of $102.52 million. Smith & Wesson Brands had a return on equity of 9.20% and a net margin of 6.74%. Smith & Wesson Brands’s revenue for the quarter was down 22.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.13 EPS.

Smith & Wesson Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 19th were paid a $0.13 dividend. The ex-dividend date was Thursday, September 19th. This represents a $0.52 annualized dividend and a dividend yield of 3.98%. Smith & Wesson Brands’s dividend payout ratio is presently 60.47%.

Insider Transactions at Smith & Wesson Brands

In related news, Director Robert L. Scott sold 2,000 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $16.07, for a total transaction of $32,140.00. Following the transaction, the director now owns 67,569 shares in the company, valued at $1,085,833.83. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.99% of the company’s stock.

Smith & Wesson Brands Company Profile

Smith & Wesson Brands, Inc designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands.