Columbia Sportswear (NASDAQ:COLM) Shares Acquired by Xponance Inc.

Xponance Inc. lifted its position in Columbia Sportswear (NASDAQ:COLM) by 7.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,804 shares of the textile maker’s stock after acquiring an additional 273 shares during the period. Xponance Inc.’s holdings in Columbia Sportswear were worth $319,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its stake in shares of Columbia Sportswear by 10.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,207,605 shares of the textile maker’s stock worth $101,355,000 after purchasing an additional 109,488 shares during the last quarter. Signaturefd LLC increased its holdings in Columbia Sportswear by 18.4% in the 4th quarter. Signaturefd LLC now owns 915 shares of the textile maker’s stock worth $77,000 after buying an additional 142 shares during the period. Natixis Advisors LLC raised its position in Columbia Sportswear by 48.6% during the 4th quarter. Natixis Advisors LLC now owns 143,831 shares of the textile maker’s stock worth $12,072,000 after buying an additional 47,031 shares during the last quarter. Wealthfront Advisers LLC acquired a new stake in Columbia Sportswear during the 4th quarter valued at approximately $432,000. Finally, Amundi boosted its holdings in shares of Columbia Sportswear by 40.7% in the 4th quarter. Amundi now owns 2,746 shares of the textile maker’s stock valued at $227,000 after acquiring an additional 794 shares during the last quarter. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Stock Performance

Shares of NASDAQ COLM opened at $76.76 on Friday. Columbia Sportswear has a 1 year low of $73.04 and a 1 year high of $92.88. The company’s fifty day moving average price is $83.88 and its 200 day moving average price is $83.61. The company has a market capitalization of $4.25 billion, a PE ratio of 19.83, a price-to-earnings-growth ratio of 2.54 and a beta of 0.90.

Columbia Sportswear (NASDAQ:COLM) last posted its earnings results on Tuesday, February 4th. The textile maker reported $1.80 EPS for the quarter, missing analysts’ consensus estimates 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, equities analysts expect that Columbia Sportswear will post 4.1 EPS for the current year.

Columbia Sportswear Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were paid a $0.30 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.20 dividend on an annualized basis and a yield of 1.56%. Columbia Sportswear’s dividend payout ratio is currently 31.01%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Stifel Nicolaus raised their target price on shares of Columbia Sportswear from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. StockNews.com lowered Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Wednesday, February 5th.

Insider Buying and Selling

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

Columbia Sportswear Profile

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.