Barclays PLC Has $1.38 Million Stake in Franklin Covey Co. (NYSE:FC)

Barclays PLC boosted its holdings in shares of Franklin Covey Co. (NYSE:FC) by 178.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,499 shares of the business services provider’s stock after buying an additional 21,489 shares during the period. Barclays PLC owned about 0.25% of Franklin Covey worth $1,379,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new position in shares of Franklin Covey in the 2nd quarter worth approximately $226,000. Point72 Asset Management L.P. acquired a new position in Franklin Covey during the 2nd quarter worth about $248,000. O Keefe Stevens Advisory Inc. lifted its position in Franklin Covey by 30.6% during the 3rd quarter. O Keefe Stevens Advisory Inc. now owns 6,954 shares of the business services provider’s stock worth $286,000 after buying an additional 1,629 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Franklin Covey in the 3rd quarter valued at about $290,000. Finally, Creative Planning bought a new position in shares of Franklin Covey in the third quarter worth about $301,000. Institutional investors own 69.88% of the company’s stock.

Analysts Set New Price Targets

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

Franklin Covey Price Performance

Shares of FC opened at $31.23 on Monday. Franklin Covey Co. has a 1-year low of $30.17 and a 1-year high of $44.46. The company has a market cap of $411.74 million, a price-to-earnings ratio of 17.95, a PEG ratio of 1.33 and a beta of 1.21. The company’s fifty day simple moving average is $36.97 and its 200 day simple moving average is $38.98. The company has a current ratio of 0.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.03.

Franklin Covey (NYSE:FC) last released its quarterly earnings results on Wednesday, January 8th. The business services provider reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.13). Franklin Covey had a net margin of 8.15% and a return on equity of 31.28%. On average, research analysts forecast that Franklin Covey Co. will post 1.36 earnings per share for the current fiscal year.

Franklin Covey 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.