Foot Locker, Inc. (NYSE:FL) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in Foot Locker, Inc. (NYSE:FL) by 8.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,867 shares of the athletic footwear retailer’s stock after buying an additional 1,054 shares during the quarter. Natixis Advisors LLC’s holdings in Foot Locker were worth $332,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Empowered Funds LLC lifted its position in shares of Foot Locker by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 385,521 shares of the athletic footwear retailer’s stock valued at $9,962,000 after buying an additional 19,612 shares in the last quarter. Versor Investments LP acquired a new stake in shares of Foot Locker in the 3rd quarter worth $793,000. Chartwell Investment Partners LLC increased its stake in shares of Foot Locker by 2.4% in the 3rd quarter. Chartwell Investment Partners LLC now owns 33,685 shares of the athletic footwear retailer’s stock worth $870,000 after acquiring an additional 782 shares during the last quarter. State of New Jersey Common Pension Fund D acquired a new stake in shares of Foot Locker during the third quarter valued at about $1,563,000. Finally, Semanteon Capital Management LP acquired a new stake in shares of Foot Locker in the third quarter valued at $488,000.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Telsey Advisory Group reiterated a “market perform” rating and issued a $27.00 price objective on shares of Foot Locker in a research note on Wednesday, August 28th. Evercore ISI dropped their target price on shares of Foot Locker from $38.00 to $32.00 and set an “outperform” rating on the stock in a research report on Tuesday. Piper Sandler reissued a “neutral” rating and issued a $30.00 price objective on shares of Foot Locker in a report on Friday, August 23rd. Robert W. Baird dropped their price objective on shares of Foot Locker from $35.00 to $27.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 25th. Finally, Williams Trading raised shares of Foot Locker from a “sell” rating to a “hold” rating and boosted their price objective for the company from $17.00 to $21.00 in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $26.56.

Foot Locker Stock Performance

NYSE:FL opened at $25.31 on Friday. The company has a current ratio of 1.66, a quick ratio of 0.49 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.40 billion, a P/E ratio of -6.54, a price-to-earnings-growth ratio of 0.72 and a beta of 1.44. The firm has a 50-day moving average price of $24.40 and a two-hundred day moving average price of $25.77. Foot Locker, Inc. has a twelve month low of $20.47 and a twelve month high of $35.60.

Foot Locker (NYSE:FL) last posted its quarterly earnings data on Wednesday, August 28th. The athletic footwear retailer reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. Foot Locker had a positive return on equity of 2.73% and a negative net margin of 4.48%. The business had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.88 billion. As a group, research analysts expect that Foot Locker, Inc. will post 1.48 earnings per share for the current fiscal year.

Foot Locker Profile

Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.