Dick’s Sporting Goods Inc (DKS) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP decreased its stake in shares of Dick’s Sporting Goods Inc (NYSE:DKS) by 55.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,048 shares of the sporting goods retailer’s stock after selling 16,298 shares during the period. GSA Capital Partners LLP’s holdings in Dick’s Sporting Goods were worth $520,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of DKS. BlackRock Inc. lifted its position in shares of Dick’s Sporting Goods by 2,879.3% during the first quarter. BlackRock Inc. now owns 8,515,919 shares of the sporting goods retailer’s stock worth $414,382,000 after purchasing an additional 8,230,087 shares during the last quarter. TIAA CREF Investment Management LLC lifted its position in shares of Dick’s Sporting Goods by 263.8% during the second quarter. TIAA CREF Investment Management LLC now owns 5,634,221 shares of the sporting goods retailer’s stock worth $224,411,000 after purchasing an additional 4,085,414 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Dick’s Sporting Goods by 424.3% during the first quarter. Renaissance Technologies LLC now owns 2,054,600 shares of the sporting goods retailer’s stock worth $99,977,000 after purchasing an additional 1,662,700 shares during the last quarter. SRS Investment Management LLC bought a new position in shares of Dick’s Sporting Goods during the first quarter worth about $72,194,000. Finally, Manning & Napier Advisors LLC lifted its position in shares of Dick’s Sporting Goods by 1,173.1% during the second quarter. Manning & Napier Advisors LLC now owns 1,043,955 shares of the sporting goods retailer’s stock worth $41,580,000 after purchasing an additional 961,955 shares during the last quarter. 77.76% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: “Dick’s Sporting Goods Inc (DKS) Shares Sold by GSA Capital Partners LLP” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/11/dicks-sporting-goods-inc-dks-shares-sold-by-gsa-capital-partners-llp.html.

Several equities analysts have recently commented on DKS shares. ValuEngine cut shares of Dick’s Sporting Goods from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Dick’s Sporting Goods in a research report on Thursday, September 14th. Telsey Advisory Group cut shares of Dick’s Sporting Goods from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $52.00 to $40.00 in a research report on Monday, July 24th. Canaccord Genuity reaffirmed a “buy” rating and set a $52.00 price target on shares of Dick’s Sporting Goods in a research report on Friday, July 21st. Finally, Cleveland Research cut shares of Dick’s Sporting Goods from a “buy” rating to a “hold” rating in a research report on Monday, July 10th. Three investment analysts have rated the stock with a sell rating, twenty-four have given a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $38.08.

In other news, Director William J. Colombo purchased 20,000 shares of Dick’s Sporting Goods stock in a transaction on Tuesday, August 22nd. The shares were purchased at an average cost of $26.25 per share, for a total transaction of $525,000.00. Following the completion of the transaction, the director now directly owns 323,224 shares in the company, valued at $8,484,630. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 23.09% of the stock is currently owned by insiders.

Shares of Dick’s Sporting Goods Inc (DKS) opened at 27.14 on Wednesday. Dick’s Sporting Goods Inc has a 52 week low of $25.94 and a 52 week high of $62.88. The firm has a 50 day moving average of $27.07 and a 200 day moving average of $38.24. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 9.74 and a beta of 0.51.

Dick’s Sporting Goods (NYSE:DKS) last issued its earnings results on Tuesday, August 15th. The sporting goods retailer reported $0.96 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.04). Dick’s Sporting Goods had a net margin of 3.74% and a return on equity of 19.09%. The business had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter last year, the firm posted $0.82 earnings per share. Dick’s Sporting Goods’s revenue was up 9.6% on a year-over-year basis. Equities analysts predict that Dick’s Sporting Goods Inc will post $2.90 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 8th were given a dividend of $0.17 per share. The ex-dividend date was Thursday, September 7th. This represents a $0.68 annualized dividend and a

Several other hedge funds also recently modified their holdings of DKS. BlackRock Inc. lifted its position in shares of Dick’s Sporting Goods by 2,879.3% during the first quarter. BlackRock Inc. now owns 8,515,919 shares of the sporting goods retailer’s stock worth $414,382,000 after purchasing an additional 8,230,087 shares during the last quarter. TIAA CREF Investment Management LLC lifted its position in shares of Dick’s Sporting Goods by 263.8% during the second quarter. TIAA CREF Investment Management LLC now owns 5,634,221 shares of the sporting goods retailer’s stock worth $224,411,000 after purchasing an additional 4,085,414 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Dick’s Sporting Goods by 424.3% during the first quarter. Renaissance Technologies LLC now owns 2,054,600 shares of the sporting goods retailer’s stock worth $99,977,000 after purchasing an additional 1,662,700 shares during the last quarter. SRS Investment Management LLC bought a new position in shares of Dick’s Sporting Goods during the first quarter worth about $72,194,000. Finally, Manning & Napier Advisors LLC lifted its position in shares of Dick’s Sporting Goods by 1,173.1% during the second quarter. Manning & Napier Advisors LLC now owns 1,043,955 shares of the sporting goods retailer’s stock worth $41,580,000 after purchasing an additional 961,955 shares during the last quarter. 77.76% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: “Dick’s Sporting Goods Inc (DKS) Shares Sold by GSA Capital Partners LLP” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/11/dicks-sporting-goods-inc-dks-shares-sold-by-gsa-capital-partners-llp.html.

Several equities analysts have recently commented on DKS shares. ValuEngine cut shares of Dick’s Sporting Goods from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Dick’s Sporting Goods in a research report on Thursday, September 14th. Telsey Advisory Group cut shares of Dick’s Sporting Goods from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $52.00 to $40.00 in a research report on Monday, July 24th. Canaccord Genuity reaffirmed a “buy” rating and set a $52.00 price target on shares of Dick’s Sporting Goods in a research report on Friday, July 21st. Finally, Cleveland Research cut shares of Dick’s Sporting Goods from a “buy” rating to a “hold” rating in a research report on Monday, July 10th. Three investment analysts have rated the stock with a sell rating, twenty-four have given a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $38.08.

In other news, Director William J. Colombo purchased 20,000 shares of Dick’s Sporting Goods stock in a transaction on Tuesday, August 22nd. The shares were purchased at an average cost of $26.25 per share, for a total transaction of $525,000.00. Following the completion of the transaction, the director now directly owns 323,224 shares in the company, valued at $8,484,630. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 23.09% of the stock is currently owned by insiders.

Shares of Dick’s Sporting Goods Inc (DKS) opened at 27.14 on Wednesday. Dick’s Sporting Goods Inc has a 52 week low of $25.94 and a 52 week high of $62.88. The firm has a 50 day moving average of $27.07 and a 200 day moving average of $38.24. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 9.74 and a beta of 0.51.

Dick’s Sporting Goods (NYSE:DKS) last issued its earnings results on Tuesday, August 15th. The sporting goods retailer reported $0.96 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.04). Dick’s Sporting Goods had a net margin of 3.74% and a return on equity of 19.09%. The business had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter last year, the firm posted $0.82 earnings per share. Dick’s Sporting Goods’s revenue was up 9.6% on a year-over-year basis. Equities analysts predict that Dick’s Sporting Goods Inc will post $2.90 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 8th were given a dividend of $0.17 per share. The ex-dividend date was Thursday, September 7th. This represents a $0.68 annualized dividend and a dividend yield of 2.51%. Dick’s Sporting Goods’s dividend payout ratio (DPR) is currently 24.29%.

About Dick’s Sporting Goods

Dick’s Sporting Goods, Inc is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores primarily in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, and Dick’s Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile applications for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships.

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Institutional Ownership by Quarter for Dick`s Sporting Goods (NYSE:DKS)

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