Foot Locker, Inc. (NYSE:FL) Shares Purchased by Amundi

Amundi boosted its holdings in shares of Foot Locker, Inc. (NYSE:FL) by 140.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,683 shares of the athletic footwear retailer’s stock after buying an additional 27,868 shares during the period. Amundi owned approximately 0.05% of Foot Locker worth $980,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB acquired a new position in shares of Foot Locker during the third quarter valued at about $58,000. R Squared Ltd acquired a new position in Foot Locker during the 4th quarter valued at approximately $50,000. Smartleaf Asset Management LLC raised its holdings in shares of Foot Locker by 198.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,876 shares of the athletic footwear retailer’s stock worth $63,000 after buying an additional 1,911 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. lifted its stake in shares of Foot Locker by 32.5% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,267 shares of the athletic footwear retailer’s stock worth $84,000 after buying an additional 801 shares during the period. Finally, Fiduciary Alliance LLC acquired a new stake in shares of Foot Locker during the fourth quarter worth $203,000.

Foot Locker Trading Down 0.2 %

Shares of FL stock opened at $16.54 on Thursday. Foot Locker, Inc. has a 1-year low of $14.98 and a 1-year high of $33.94. The company has a market cap of $1.57 billion, a price-to-earnings ratio of -3.67, a PEG ratio of 0.53 and a beta of 1.55. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.67 and a quick ratio of 0.45. The stock has a 50 day simple moving average of $18.88 and a 200-day simple moving average of $22.25.

Foot Locker (NYSE:FL) last posted its quarterly earnings data on Wednesday, March 5th. The athletic footwear retailer reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.13. The business had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.32 billion. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The company’s revenue was down 5.7% compared to the same quarter last year. During the same period last year, the firm posted $0.38 earnings per share. On average, equities research analysts expect that Foot Locker, Inc. will post 1.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on FL shares. Robert W. Baird reduced their target price on Foot Locker from $24.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. The Goldman Sachs Group decreased their target price on Foot Locker from $25.00 to $22.00 and set a “sell” rating for the company in a report on Thursday, December 5th. Guggenheim reduced their price target on shares of Foot Locker from $34.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, December 5th. Evercore ISI dropped their price objective on shares of Foot Locker from $30.00 to $22.00 and set an “outperform” rating on the stock in a report on Monday, March 3rd. Finally, Jefferies Financial Group reduced their target price on shares of Foot Locker from $22.00 to $19.00 and set a “hold” rating for the company in a report on Wednesday, March 5th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $22.81.

Foot Locker Company 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.