Signaturefd LLC Buys 142 Shares of Columbia Sportswear (NASDAQ:COLM)

Signaturefd LLC boosted its stake in Columbia Sportswear (NASDAQ:COLM) by 18.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 915 shares of the textile maker’s stock after buying an additional 142 shares during the period. Signaturefd LLC’s holdings in Columbia Sportswear were worth $77,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of COLM. Smartleaf Asset Management LLC grew its position in shares of Columbia Sportswear by 184.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 299 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 194 shares during the last quarter. GAMMA Investing LLC grew its holdings in Columbia Sportswear by 43.2% in the 4th quarter. GAMMA Investing LLC now owns 600 shares of the textile maker’s stock valued at $50,000 after buying an additional 181 shares in the last quarter. Blue Trust Inc. grew its holdings in Columbia Sportswear by 33.6% in the 4th quarter. Blue Trust Inc. now owns 942 shares of the textile maker’s stock valued at $78,000 after buying an additional 237 shares in the last quarter. KBC Group NV increased its position in Columbia Sportswear by 26.8% during the 4th quarter. KBC Group NV now owns 1,975 shares of the textile maker’s stock worth $166,000 after buying an additional 418 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Columbia Sportswear during the fourth quarter worth $216,000. 47.76% of the stock is owned by institutional investors.

Columbia Sportswear Stock Up 1.8 %

COLM stock opened at $77.97 on Tuesday. Columbia Sportswear has a 52 week low of $73.04 and a 52 week high of $92.88. The business has a 50-day simple moving average of $84.28 and a 200 day simple moving average of $83.75. The company has a market cap of $4.32 billion, a PE ratio of 20.15, a price-to-earnings-growth ratio of 2.54 and a beta of 0.90.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Tuesday, February 4th. The textile maker reported $1.80 EPS for the quarter, missing the consensus estimate of $1.86 by ($0.06). Columbia Sportswear had a net margin of 6.63% and a return on equity of 12.23%. On average, analysts anticipate that Columbia Sportswear will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date was Monday, March 10th. Columbia Sportswear’s dividend payout ratio is presently 31.01%.

Analysts Set New Price Targets

Several equities analysts recently commented on COLM shares. TD Cowen upped their price target on shares of Columbia Sportswear from $70.00 to $84.00 and gave the company a “hold” rating in a research note on Tuesday, November 26th. Stifel Nicolaus increased their target price on shares of Columbia Sportswear from $92.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Finally, StockNews.com cut shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th.

Insider Transactions at Columbia Sportswear

In other Columbia Sportswear news, Director Ronald E. Nelson sold 6,395 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $81.74, for a total transaction of $522,727.30. Following the sale, the director now owns 17,048 shares of the company’s stock, valued at approximately $1,393,503.52. The trade was a 27.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Richelle T. Luther sold 4,000 shares of the stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $92.36, for a total value of $369,440.00. Following the completion of the transaction, the executive vice president now owns 14,283 shares of the company’s stock, valued at $1,319,177.88. The trade was a 21.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 44.70% of the stock is owned by insiders.

About Columbia Sportswear

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.