Walthausen & Co. LLC Purchases 42,750 Shares of Sportsman’s Warehouse Holdings Inc (SPWH)

Walthausen & Co. LLC raised its position in Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) by 17.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 289,020 shares of the company’s stock after purchasing an additional 42,750 shares during the quarter. Walthausen & Co. LLC owned about 0.67% of Sportsman’s Warehouse worth $1,266,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPWH. Municipal Employees Retirement System of Michigan acquired a new stake in Sportsman’s Warehouse in the fourth quarter worth about $486,000. D. E. Shaw & Co. Inc. lifted its holdings in Sportsman’s Warehouse by 30.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 370,434 shares of the company’s stock worth $1,623,000 after purchasing an additional 85,955 shares during the period. Bank of America Corp DE lifted its holdings in Sportsman’s Warehouse by 78.1% in the fourth quarter. Bank of America Corp DE now owns 28,793 shares of the company’s stock worth $127,000 after purchasing an additional 12,622 shares during the period. Cannell Capital LLC lifted its holdings in Sportsman’s Warehouse by 43.2% in the fourth quarter. Cannell Capital LLC now owns 2,201,757 shares of the company’s stock worth $9,644,000 after purchasing an additional 664,573 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Sportsman’s Warehouse by 8.6% in the 4th quarter. Geode Capital Management LLC now owns 441,996 shares of the company’s stock valued at $1,935,000 after acquiring an additional 35,013 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Shares of NASDAQ SPWH traded down $0.01 during trading hours on Friday, hitting $4.89. The stock had a trading volume of 152,361 shares, compared to its average volume of 279,080. The stock has a market cap of $210.17 million, a price-to-earnings ratio of 8.15, a PEG ratio of 0.84 and a beta of 0.08. Sportsman’s Warehouse Holdings Inc has a 52 week low of $4.04 and a 52 week high of $6.69. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.07 and a current ratio of 1.22.

Sportsman’s Warehouse (NASDAQ:SPWH) last announced its earnings results on Thursday, March 28th. The company reported $0.25 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.25. The firm had revenue of $242.70 million during the quarter, compared to analysts’ expectations of $242.43 million. Sportsman’s Warehouse had a return on equity of 41.69% and a net margin of 2.80%. The business’s revenue was down .2% compared to the same quarter last year. On average, analysts predict that Sportsman’s Warehouse Holdings Inc will post 0.58 EPS for the current year.

A number of equities research analysts have weighed in on SPWH shares. Piper Jaffray Companies raised shares of Sportsman’s Warehouse from a “neutral” rating to an “overweight” rating and upped their price target for the company from $6.00 to $8.00 in a report on Friday, January 18th. ValuEngine raised shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Thursday, January 24th. Zacks Investment Research upgraded Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Friday, April 12th. Finally, BidaskClub downgraded Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a report on Thursday, March 7th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Sportsman’s Warehouse has a consensus rating of “Buy” and a consensus target price of $7.56.

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Sportsman’s Warehouse Company Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.

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Institutional Ownership by Quarter for Sportsman`s Warehouse (NASDAQ:SPWH)

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