Stifel Financial Corp Decreases Stake in Big 5 Sporting Goods Co. (NASDAQ:BGFV)

Stifel Financial Corp decreased its holdings in shares of Big 5 Sporting Goods Co. (NASDAQ:BGFV) by 30.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,971 shares of the company’s stock after selling 27,313 shares during the quarter. Stifel Financial Corp owned about 0.27% of Big 5 Sporting Goods worth $130,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. RBF Capital LLC acquired a new stake in shares of Big 5 Sporting Goods in the third quarter valued at approximately $29,000. Empowered Funds LLC grew its holdings in Big 5 Sporting Goods by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 115,117 shares of the company’s stock valued at $241,000 after buying an additional 5,762 shares in the last quarter. GSA Capital Partners LLP increased its stake in shares of Big 5 Sporting Goods by 16.1% in the 3rd quarter. GSA Capital Partners LLP now owns 597,872 shares of the company’s stock worth $1,250,000 after acquiring an additional 83,019 shares during the last quarter. XTX Topco Ltd raised its holdings in shares of Big 5 Sporting Goods by 26.2% during the 2nd quarter. XTX Topco Ltd now owns 82,076 shares of the company’s stock worth $243,000 after acquiring an additional 17,048 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Big 5 Sporting Goods by 4.9% during the 2nd quarter. American Century Companies Inc. now owns 238,003 shares of the company’s stock valued at $704,000 after acquiring an additional 11,185 shares during the last quarter. 41.98% of the stock is currently owned by institutional investors and hedge funds.

Big 5 Sporting Goods Price Performance

Big 5 Sporting Goods stock opened at $1.74 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 0.12 and a debt-to-equity ratio of 0.05. The company has a 50-day moving average price of $1.76 and a 200 day moving average price of $2.07. Big 5 Sporting Goods Co. has a 12-month low of $1.45 and a 12-month high of $6.55. The stock has a market cap of $39.50 million, a P/E ratio of -0.67 and a beta of 2.33.

About Big 5 Sporting Goods

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company 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.