Wiser Advisor Group LLC Acquires 907 Shares of Franklin Covey Co. (NYSE:FC)

Wiser Advisor Group LLC increased its holdings in shares of Franklin Covey Co. (NYSE:FC) by 100.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,812 shares of the business services provider’s stock after purchasing an additional 907 shares during the period. Wiser Advisor Group LLC’s holdings in Franklin Covey were worth $68,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. New York State Teachers Retirement System bought a new stake in Franklin Covey in the 4th quarter valued at approximately $38,000. R Squared Ltd bought a new stake in Franklin Covey in the 4th quarter valued at approximately $57,000. Creative Planning bought a new stake in Franklin Covey in the 3rd quarter valued at approximately $301,000. Point72 Asset Management L.P. lifted its stake in Franklin Covey by 26.2% in the 3rd quarter. Point72 Asset Management L.P. now owns 8,233 shares of the business services provider’s stock valued at $339,000 after acquiring an additional 1,711 shares in the last quarter. Finally, O Keefe Stevens Advisory Inc. lifted its stake in Franklin Covey by 38.2% in the 4th quarter. O Keefe Stevens Advisory Inc. now owns 9,612 shares of the business services provider’s stock valued at $361,000 after acquiring an additional 2,658 shares in the last quarter. Institutional investors own 69.88% of the company’s stock.

Franklin Covey Stock Up 0.7 %

NYSE:FC opened at $31.96 on Friday. The firm has a market capitalization of $421.74 million, a price-to-earnings ratio of 21.74, a price-to-earnings-growth ratio of 1.74 and a beta of 1.20. Franklin Covey Co. has a twelve month low of $28.99 and a twelve month high of $44.46. The stock’s 50 day moving average price is $35.34 and its two-hundred day moving average price is $37.75. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.03.

Franklin Covey (NYSE:FC) last posted its earnings results on Wednesday, January 8th. The business services provider reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.13). Franklin Covey had a return on equity of 25.23% and a net margin of 6.85%. Equities research analysts expect that Franklin Covey Co. will post 0.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on FC. StockNews.com lowered Franklin Covey from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 13th. Barrington Research reaffirmed an “outperform” rating and set a $45.00 price target on shares of Franklin Covey in a research report on Thursday, November 7th.

About Franklin Covey

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.