Barclays PLC Grows Holdings in Franklin Covey Co. (NYSE:FC)

Barclays PLC raised its holdings in shares of Franklin Covey Co. (NYSE:FC) by 178.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,499 shares of the business services provider’s stock after purchasing an additional 21,489 shares during the quarter. Barclays PLC owned 0.25% of Franklin Covey worth $1,379,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. bought a new position in Franklin Covey in the second quarter worth approximately $17,022,000. Harbor Capital Advisors Inc. lifted its holdings in shares of Franklin Covey by 137.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 242,953 shares of the business services provider’s stock worth $9,993,000 after buying an additional 140,537 shares during the period. Dean Investment Associates LLC bought a new position in shares of Franklin Covey during the 3rd quarter worth $2,259,000. Rice Hall James & Associates LLC increased its stake in shares of Franklin Covey by 9.0% during the third quarter. Rice Hall James & Associates LLC now owns 549,145 shares of the business services provider’s stock valued at $22,586,000 after buying an additional 45,312 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of Franklin Covey by 13.5% in the second quarter. Millennium Management LLC now owns 150,223 shares of the business services provider’s stock valued at $5,708,000 after acquiring an additional 17,909 shares in the last quarter. 69.88% of the stock is owned by hedge funds and other institutional investors.

Franklin Covey Trading Down 0.3 %

Shares of NYSE FC opened at $37.00 on Friday. Franklin Covey Co. has a 1-year low of $33.75 and a 1-year high of $44.96. The business has a fifty day moving average price of $37.74 and a 200 day moving average price of $38.84. The stock has a market capitalization of $487.81 million, a P/E ratio of 21.26, a price-to-earnings-growth ratio of 1.36 and a beta of 1.21. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.99 and a quick ratio of 0.96.

Franklin Covey (NYSE:FC) last released its quarterly earnings results on Wednesday, November 6th. The business services provider reported $0.89 EPS for the quarter, beating the consensus estimate of $0.82 by $0.07. Franklin Covey had a net margin of 8.15% and a return on equity of 31.28%. The business had revenue of $84.12 million during the quarter, compared to analyst estimates of $80.38 million. Equities research analysts expect that Franklin Covey Co. will post 1.36 EPS for the current fiscal year.

Analyst Ratings Changes

FC has been the topic of several recent research reports. StockNews.com upgraded shares of Franklin Covey from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 27th. Barrington Research reaffirmed an “outperform” rating and issued a $45.00 price target on shares of Franklin Covey in a research report on Thursday, November 7th.

Franklin Covey Company Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.