Barclays PLC Purchases 38,038 Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

Barclays PLC lifted its position in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 25,025.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,190 shares of the company’s stock after purchasing an additional 38,038 shares during the quarter. Barclays PLC owned about 0.10% of Sportsman’s Warehouse worth $103,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. FMR LLC raised its stake in shares of Sportsman’s Warehouse by 3.3% in the third quarter. FMR LLC now owns 5,441,705 shares of the company’s stock worth $14,747,000 after purchasing an additional 174,858 shares during the last quarter. Portolan Capital Management LLC bought a new stake in Sportsman’s Warehouse during the third quarter valued at about $2,565,000. GSA Capital Partners LLP grew its holdings in Sportsman’s Warehouse by 665.0% during the third quarter. GSA Capital Partners LLP now owns 544,373 shares of the company’s stock valued at $1,475,000 after purchasing an additional 473,212 shares during the period. Jane Street Group LLC grew its holdings in Sportsman’s Warehouse by 16.6% during the third quarter. Jane Street Group LLC now owns 225,473 shares of the company’s stock valued at $611,000 after purchasing an additional 32,073 shares during the period. Finally, SkyView Investment Advisors LLC grew its position in shares of Sportsman’s Warehouse by 11.6% during the second quarter. SkyView Investment Advisors LLC now owns 175,231 shares of the company’s stock worth $422,000 after purchasing an additional 18,192 shares in the last quarter. 83.04% of the stock is currently owned by institutional investors.

Sportsman’s Warehouse Price Performance

Shares of SPWH stock opened at $2.23 on Thursday. Sportsman’s Warehouse Holdings, Inc. has a 52-week low of $1.81 and a 52-week high of $4.44. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.07 and a current ratio of 1.20. The firm has a market capitalization of $84.64 million, a P/E ratio of -2.53 and a beta of 0.52. The stock has a 50 day moving average price of $2.39 and a 200 day moving average price of $2.44.

Analyst Ratings Changes

Several analysts recently issued reports on the company. StockNews.com upgraded Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Saturday, November 30th. B. Riley raised Sportsman’s Warehouse from a “neutral” rating to a “buy” rating and raised their price objective for the company from $2.00 to $4.00 in a research note on Wednesday, December 11th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Sportsman’s Warehouse has an average rating of “Moderate Buy” and an average target price of $3.20.

Sportsman’s Warehouse Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.