Kapitalo Investimentos Ltda Has $294,000 Stock Position in Columbia Sportswear (NASDAQ:COLM)

Kapitalo Investimentos Ltda lifted its holdings in shares of Columbia Sportswear (NASDAQ:COLM) by 9.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,694 shares of the textile maker’s stock after purchasing an additional 332 shares during the period. Kapitalo Investimentos Ltda’s holdings in Columbia Sportswear were worth $294,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Morgan Stanley boosted its holdings in Columbia Sportswear by 9.2% in the third quarter. Morgan Stanley now owns 4,352,622 shares of the textile maker’s stock valued at $322,530,000 after acquiring an additional 366,854 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position in shares of Columbia Sportswear by 13.4% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,469,768 shares of the textile maker’s stock worth $108,910,000 after acquiring an additional 173,291 shares in the last quarter. Boston Trust Walden Corp lifted its stake in shares of Columbia Sportswear by 30.9% in the 4th quarter. Boston Trust Walden Corp now owns 1,294,410 shares of the textile maker’s stock valued at $102,957,000 after purchasing an additional 305,592 shares during the period. Dimensional Fund Advisors LP grew its stake in Columbia Sportswear by 10.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,128,258 shares of the textile maker’s stock worth $89,745,000 after purchasing an additional 104,100 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Columbia Sportswear by 3.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 515,735 shares of the textile maker’s stock worth $41,022,000 after purchasing an additional 18,001 shares during the period. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

COLM has been the subject of a number of research reports. StockNews.com upgraded shares of Columbia Sportswear from a “hold” rating to a “buy” rating in a report on Monday, June 3rd. Stifel Nicolaus upped their price target on Columbia Sportswear from $75.00 to $84.00 and gave the stock a “hold” rating in a research note on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $75.75.

Insider Buying and Selling at Columbia Sportswear

In other Columbia Sportswear news, CFO Jim A. Swanson sold 7,199 shares of the business’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $77.50, for a total value of $557,922.50. Following the sale, the chief financial officer now directly owns 9,423 shares in the company, valued at $730,282.50. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, CFO Jim A. Swanson sold 7,199 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $77.50, for a total value of $557,922.50. Following the completion of the transaction, the chief financial officer now directly owns 9,423 shares of the company’s stock, valued at $730,282.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sabrina Simmons sold 523 shares of the stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $81.70, for a total value of $42,729.10. Following the sale, the director now directly owns 6,483 shares in the company, valued at approximately $529,661.10. The disclosure for this sale can be found here. 44.70% of the stock is owned by corporate insiders.

Columbia Sportswear Stock Performance

Shares of Columbia Sportswear stock traded down $0.23 during mid-day trading on Tuesday, hitting $81.75. 30,188 shares of the stock were exchanged, compared to its average volume of 476,570. Columbia Sportswear has a 12 month low of $66.01 and a 12 month high of $87.23. The company has a 50-day simple moving average of $81.28 and a 200 day simple moving average of $80.20. The company has a market capitalization of $4.83 billion, a P/E ratio of 20.00, a P/E/G ratio of 3.33 and a beta of 0.95.

Columbia Sportswear (NASDAQ:COLM) last announced its earnings results on Thursday, April 25th. The textile maker reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.36. The firm had revenue of $769.98 million during the quarter, compared to analyst estimates of $740.62 million. Columbia Sportswear had a return on equity of 13.98% and a net margin of 7.20%. The business’s revenue was down 6.2% compared to the same quarter last year. During the same period last year, the firm posted $0.74 EPS. Analysts predict that Columbia Sportswear will post 3.86 EPS for the current year.

Columbia Sportswear Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Thursday, May 16th were issued a $0.30 dividend. The ex-dividend date was Wednesday, May 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.47%. Columbia Sportswear’s dividend payout ratio (DPR) is presently 29.27%.

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.