119,993 Shares in Foot Locker, Inc. (NYSE:FL) Bought by Natixis Advisors L.P.

Natixis Advisors L.P. acquired a new stake in shares of Foot Locker, Inc. (NYSE:FLFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 119,993 shares of the athletic footwear retailer’s stock, valued at approximately $3,736,000. Natixis Advisors L.P. owned 0.13% of Foot Locker at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of FL. Tower Research Capital LLC TRC grew its stake in shares of Foot Locker by 445.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 27,477 shares of the athletic footwear retailer’s stock worth $477,000 after buying an additional 22,443 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Foot Locker by 110.4% in the third quarter. AQR Capital Management LLC now owns 731,256 shares of the athletic footwear retailer’s stock worth $12,687,000 after acquiring an additional 383,724 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in shares of Foot Locker during the fourth quarter valued at $20,717,000. Vanguard Group Inc. raised its position in shares of Foot Locker by 9.6% in the 3rd quarter. Vanguard Group Inc. now owns 10,292,817 shares of the athletic footwear retailer’s stock worth $178,580,000 after purchasing an additional 902,610 shares during the last quarter. Finally, Citigroup Inc. boosted its stake in Foot Locker by 18.6% in the 3rd quarter. Citigroup Inc. now owns 194,542 shares of the athletic footwear retailer’s stock worth $3,375,000 after purchasing an additional 30,497 shares in the last quarter.

Foot Locker Stock Down 0.9 %

FL opened at $24.11 on Friday. Foot Locker, Inc. has a 1-year low of $14.84 and a 1-year high of $42.19. The firm’s 50 day simple moving average is $24.02 and its two-hundred day simple moving average is $26.46. The company has a current ratio of 1.72, a quick ratio of 0.55 and a debt-to-equity ratio of 0.15.

Foot Locker (NYSE:FLGet Free Report) last announced its earnings results on Wednesday, March 6th. The athletic footwear retailer reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. The company had revenue of $2.38 billion for the quarter, compared to analysts’ expectations of $2.28 billion. Foot Locker had a positive return on equity of 4.25% and a negative net margin of 4.04%. Foot Locker’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $0.97 EPS. As a group, equities research analysts expect that Foot Locker, Inc. will post 1.55 EPS for the current year.

Analyst Upgrades and Downgrades

FL has been the subject of several recent analyst reports. Bank of America decreased their target price on shares of Foot Locker from $31.00 to $27.00 and set a “neutral” rating for the company in a report on Thursday, March 7th. Jefferies Financial Group reduced their target price on Foot Locker from $25.00 to $24.00 and set a “hold” rating for the company in a report on Wednesday, March 6th. Citigroup raised Foot Locker from a “sell” rating to a “neutral” rating and upped their price target for the company from $19.00 to $24.00 in a report on Friday, March 22nd. Barclays decreased their target price on Foot Locker from $26.00 to $22.00 and set an “equal weight” rating for the company in a research report on Thursday, March 7th. Finally, StockNews.com downgraded shares of Foot Locker from a “hold” rating to a “sell” rating in a report on Tuesday, April 30th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Foot Locker currently has an average rating of “Hold” and an average price target of $24.56.

Get Our Latest Stock Report on Foot Locker

About Foot Locker

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Foot Locker (NYSE:FL)

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