SG Americas Securities LLC Takes $118,000 Position in Escalade, Incorporated (NASDAQ:ESCA)

SG Americas Securities LLC acquired a new stake in Escalade, Incorporated (NASDAQ:ESCA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,862 shares of the company’s stock, valued at approximately $118,000.

Several other institutional investors and hedge funds have also made changes to their positions in ESCA. Barclays PLC acquired a new position in Escalade in the second quarter valued at $27,000. Citigroup Inc. acquired a new stake in Escalade during the second quarter worth about $40,000. Denali Advisors LLC acquired a new stake in Escalade during the third quarter worth about $47,000. California State Teachers Retirement System acquired a new stake in Escalade during the second quarter worth about $44,000. Finally, BNP Paribas Arbitrage SNC acquired a new stake in shares of Escalade in the second quarter valued at about $47,000. 65.22% of the stock is currently owned by hedge funds and other institutional investors.

Escalade Trading Down 2.4 %

NASDAQ:ESCA opened at $13.73 on Friday. The company has a quick ratio of 1.63, a current ratio of 4.41 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $14.21 and its two-hundred day moving average is $16.99. Escalade, Incorporated has a 52 week low of $11.42 and a 52 week high of $22.01. The company has a market cap of $190.30 million, a PE ratio of 19.34 and a beta of 1.21.

Escalade Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 22nd. Shareholders of record on Monday, April 15th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date of this dividend is Friday, April 12th. Escalade’s dividend payout ratio is presently 84.51%.

Analyst Ratings Changes

Separately, StockNews.com raised Escalade from a “hold” rating to a “buy” rating in a report on Monday.

Escalade Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.