Edgestream Partners L.P. Has $3.04 Million Stock Holdings in Foot Locker, Inc. (NYSE:FL)

Edgestream Partners L.P. increased its position in shares of Foot Locker, Inc. (NYSE:FL) by 477.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 117,602 shares of the athletic footwear retailer’s stock after acquiring an additional 97,226 shares during the period. Edgestream Partners L.P.’s holdings in Foot Locker were worth $3,039,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in FL. Price T Rowe Associates Inc. MD boosted its position in shares of Foot Locker by 6.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 51,589 shares of the athletic footwear retailer’s stock worth $1,471,000 after acquiring an additional 2,906 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Foot Locker in the first quarter valued at approximately $2,194,000. Tidal Investments LLC acquired a new stake in Foot Locker in the first quarter valued at approximately $486,000. Kessler Investment Group LLC boosted its position in Foot Locker by 25.9% in the second quarter. Kessler Investment Group LLC now owns 7,613 shares of the athletic footwear retailer’s stock valued at $190,000 after buying an additional 1,567 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Foot Locker by 1.2% in the second quarter. Nisa Investment Advisors LLC now owns 41,541 shares of the athletic footwear retailer’s stock valued at $1,035,000 after buying an additional 483 shares in the last quarter.

Analyst Ratings Changes

A number of analysts have weighed in on FL shares. Gordon Haskett started coverage on shares of Foot Locker in a research report on Monday, October 7th. They issued an “accumulate” rating and a $27.00 target price on the stock. Piper Sandler restated a “neutral” rating and issued a $30.00 target price on shares of Foot Locker in a research report on Friday, August 23rd. Citigroup raised their target price on shares of Foot Locker from $27.00 to $33.00 and gave the company a “neutral” rating in a research report on Tuesday, August 20th. Robert W. Baird reduced their price objective on shares of Foot Locker from $35.00 to $27.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 25th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $27.00 price objective on shares of Foot Locker in a research note on Wednesday, August 28th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $27.00.

Foot Locker Trading Down 0.6 %

FL stock opened at $25.15 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.49 and a current ratio of 1.66. Foot Locker, Inc. has a 12-month low of $20.47 and a 12-month high of $35.60. The company’s fifty day simple moving average is $24.26 and its 200 day simple moving average is $25.80.

About Foot Locker

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.