Barclays PLC Boosts Stock Position in Escalade, Incorporated (NASDAQ:ESCA)

Barclays PLC raised its position in Escalade, Incorporated (NASDAQ:ESCA) by 251.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,185 shares of the company’s stock after purchasing an additional 9,432 shares during the period. Barclays PLC owned about 0.09% of Escalade worth $186,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ESCA. Bank of New York Mellon Corp lifted its stake in shares of Escalade by 0.9% during the second quarter. Bank of New York Mellon Corp now owns 126,474 shares of the company’s stock valued at $1,744,000 after buying an additional 1,071 shares during the period. Thoroughbred Financial Services LLC purchased a new position in shares of Escalade during the 2nd quarter worth $15,458,000. Inspire Advisors LLC acquired a new stake in shares of Escalade during the second quarter worth $201,000. Dimensional Fund Advisors LP grew its position in shares of Escalade by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 458,464 shares of the company’s stock valued at $6,322,000 after purchasing an additional 1,365 shares during the period. Finally, De Lisle Partners LLP increased its stake in Escalade by 6.3% in the third quarter. De Lisle Partners LLP now owns 83,886 shares of the company’s stock valued at $1,177,000 after purchasing an additional 5,000 shares during the last quarter. 65.22% of the stock is owned by institutional investors and hedge funds.

Escalade Price Performance

ESCA opened at $14.45 on Tuesday. Escalade, Incorporated has a 1 year low of $12.34 and a 1 year high of $20.23. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.41 and a current ratio of 3.45. The company’s 50 day simple moving average is $14.78 and its 200 day simple moving average is $14.08. The stock has a market capitalization of $200.52 million, a PE ratio of 15.37 and a beta of 1.27.

Escalade Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 13th. Stockholders of record on Monday, January 6th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, January 6th. This represents a $0.60 annualized dividend and a dividend yield of 4.15%. Escalade’s dividend payout ratio is presently 63.83%.

Analyst Ratings Changes

Separately, StockNews.com raised Escalade from a “hold” rating to a “buy” rating in a research note on Thursday, October 10th.

Escalade Company Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.