Franklin Covey Co. (NYSE:FC) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its holdings in shares of Franklin Covey Co. (NYSE:FC) by 14.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,055 shares of the business services provider’s stock after selling 1,004 shares during the period. SG Americas Securities LLC’s holdings in Franklin Covey were worth $228,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of FC. Janus Henderson Group PLC boosted its holdings in Franklin Covey by 5.5% during the third quarter. Janus Henderson Group PLC now owns 18,458 shares of the business services provider’s stock worth $759,000 after buying an additional 964 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in Franklin Covey by 9.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 17,809 shares of the business services provider’s stock valued at $732,000 after buying an additional 1,541 shares during the period. Point72 Asset Management L.P. raised its stake in Franklin Covey by 26.2% during the third quarter. Point72 Asset Management L.P. now owns 8,233 shares of the business services provider’s stock worth $339,000 after purchasing an additional 1,711 shares during the period. O Keefe Stevens Advisory Inc. boosted its holdings in Franklin Covey by 38.2% in the fourth quarter. O Keefe Stevens Advisory Inc. now owns 9,612 shares of the business services provider’s stock valued at $361,000 after acquiring an additional 2,658 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Franklin Covey by 105.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,490 shares of the business services provider’s stock worth $473,000 after purchasing an additional 5,889 shares during the period. 69.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on FC shares. StockNews.com lowered Franklin Covey from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 13th. Barrington Research reissued an “outperform” rating and issued a $45.00 price objective on shares of Franklin Covey in a report on Thursday, November 7th.

Franklin Covey Stock Performance

Shares of FC opened at $37.85 on Friday. The firm has a fifty day moving average of $35.91 and a 200-day moving average of $38.41. Franklin Covey Co. has a 1 year low of $28.99 and a 1 year high of $44.46. The company has a market cap of $499.55 million, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 1.95 and a beta of 1.20. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.94 and a current ratio of 0.97.

Franklin Covey (NYSE:FC) last posted its quarterly earnings data on Wednesday, January 8th. The business services provider reported $0.09 earnings per share 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%. As a group, equities analysts anticipate that Franklin Covey Co. will post 0.97 earnings per share for the current year.

Franklin Covey Company 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.