Choreo LLC Sells 1,135 Shares of Foot Locker, Inc. (NYSE:FL)

Choreo LLC cut its holdings in shares of Foot Locker, Inc. (NYSE:FL) by 4.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,546 shares of the athletic footwear retailer’s stock after selling 1,135 shares during the quarter. Choreo LLC’s holdings in Foot Locker were worth $518,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Chartwell Investment Partners LLC boosted its holdings in shares of Foot Locker by 2.4% during the third quarter. Chartwell Investment Partners LLC now owns 33,685 shares of the athletic footwear retailer’s stock worth $870,000 after acquiring an additional 782 shares during the period. Point72 Asia Singapore Pte. Ltd. lifted its holdings in Foot Locker by 32.5% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,267 shares of the athletic footwear retailer’s stock worth $84,000 after purchasing an additional 801 shares during the last quarter. Natixis Advisors LLC boosted its stake in Foot Locker by 8.9% in the 3rd quarter. Natixis Advisors LLC now owns 12,867 shares of the athletic footwear retailer’s stock valued at $332,000 after purchasing an additional 1,054 shares during the period. Vontobel Holding Ltd. grew its holdings in Foot Locker by 12.2% in the 3rd quarter. Vontobel Holding Ltd. now owns 11,144 shares of the athletic footwear retailer’s stock valued at $288,000 after buying an additional 1,210 shares in the last quarter. Finally, nVerses Capital LLC bought a new position in Foot Locker during the 3rd quarter worth $47,000.

Foot Locker Stock Performance

NYSE:FL opened at $19.30 on Wednesday. Foot Locker, Inc. has a twelve month low of $18.04 and a twelve month high of $35.60. The company has a quick ratio of 0.45, a current ratio of 1.67 and a debt-to-equity ratio of 0.15. The stock’s 50-day simple moving average is $20.99 and its 200 day simple moving average is $24.52. The firm has a market capitalization of $1.83 billion, a PE ratio of -4.28, a price-to-earnings-growth ratio of 0.53 and a beta of 1.48.

Foot Locker (NYSE:FL) last posted its quarterly earnings results on Wednesday, December 4th. The athletic footwear retailer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $2.01 billion. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.30 earnings per share. On average, analysts anticipate that Foot Locker, Inc. will post 1.23 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FL has been the subject of a number of recent research reports. The Goldman Sachs Group reduced their target price on shares of Foot Locker from $25.00 to $22.00 and set a “sell” rating for the company in a research report on Thursday, December 5th. Barclays cut their price objective on shares of Foot Locker from $34.00 to $29.00 and set an “overweight” rating for the company in a report on Friday, December 6th. Guggenheim decreased their target price on shares of Foot Locker from $34.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, December 5th. Robert W. Baird dropped their price target on shares of Foot Locker from $27.00 to $24.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. Finally, UBS Group reduced their price target on Foot Locker from $26.00 to $22.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Foot Locker presently has an average rating of “Hold” and an average price target of $24.94.

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.