Franklin Covey Co. (NYSE:FC) Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its stake in Franklin Covey Co. (NYSE:FC) by 383.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,365 shares of the business services provider’s stock after purchasing an additional 22,496 shares during the period. Teacher Retirement System of Texas owned about 0.21% of Franklin Covey worth $1,066,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. New York State Teachers Retirement System purchased a new position in shares of Franklin Covey in the 4th quarter valued at about $38,000. R Squared Ltd purchased a new position in Franklin Covey in the fourth quarter worth approximately $57,000. Wiser Advisor Group LLC grew its holdings in Franklin Covey by 100.2% during the 4th quarter. Wiser Advisor Group LLC now owns 1,812 shares of the business services provider’s stock worth $68,000 after acquiring an additional 907 shares in the last quarter. AlphaQuest LLC purchased a new stake in shares of Franklin Covey in the 4th quarter valued at approximately $169,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Franklin Covey in the 4th quarter valued at $203,000. 69.88% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FC has been the topic of several recent analyst reports. StockNews.com lowered Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Monday, January 13th. Barrington Research reiterated an “outperform” rating and issued a $45.00 price objective on shares of Franklin Covey in a report on Friday, March 21st.

Franklin Covey Trading Down 0.2 %

NYSE FC opened at $28.04 on Friday. The firm’s fifty day moving average price is $33.11 and its 200 day moving average price is $36.36. Franklin Covey Co. has a 12 month low of $27.14 and a 12 month high of $44.46. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.97 and a quick ratio of 0.94. The company has a market capitalization of $370.06 million, a price-to-earnings ratio of 19.08, a price-to-earnings-growth ratio of 1.74 and a beta of 1.29.

Franklin Covey (NYSE:FC) last issued its quarterly earnings data 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 return on equity of 25.23% and a net margin of 6.85%. On average, sell-side analysts expect that Franklin Covey Co. will post 0.97 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.