Intrepid Capital Management Inc. Has $239,000 Stock Holdings in Franklin Covey Co. (NYSE:FC)

Intrepid Capital Management Inc. lowered its stake in Franklin Covey Co. (NYSE:FC) by 88.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,359 shares of the business services provider’s stock after selling 48,010 shares during the period. Intrepid Capital Management Inc.’s holdings in Franklin Covey were worth $239,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Barclays PLC boosted its holdings in shares of Franklin Covey by 178.9% during the 3rd quarter. Barclays PLC now owns 33,499 shares of the business services provider’s stock valued at $1,379,000 after acquiring an additional 21,489 shares in the last quarter. State Street Corp boosted its stake in shares of Franklin Covey by 2.4% during the third quarter. State Street Corp now owns 255,328 shares of the business services provider’s stock valued at $10,502,000 after purchasing an additional 5,955 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Franklin Covey during the fourth quarter valued at about $2,186,000. BNP Paribas Financial Markets grew its holdings in shares of Franklin Covey by 146.2% during the third quarter. BNP Paribas Financial Markets now owns 12,810 shares of the business services provider’s stock worth $527,000 after purchasing an additional 7,606 shares during the last quarter. Finally, Dean Investment Associates LLC acquired a new position in shares of Franklin Covey in the third quarter valued at approximately $2,259,000. Institutional investors own 69.88% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on FC. StockNews.com lowered shares of Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Monday, January 13th. Barrington Research reissued an “outperform” rating and issued a $45.00 price objective on shares of Franklin Covey in a research note on Friday, March 21st.

Franklin Covey Price Performance

Franklin Covey stock opened at $28.03 on Wednesday. The stock’s 50 day moving average is $32.88 and its 200 day moving average is $36.20. Franklin Covey Co. has a one year low of $26.90 and a one year high of $44.46. The firm has a market cap of $369.87 million, a P/E ratio of 19.07, a P/E/G ratio of 1.74 and a beta of 1.29. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.97 and a quick ratio of 0.94.

Franklin Covey (NYSE:FC) last issued its quarterly earnings results on Wednesday, January 8th. The business services provider reported $0.09 earnings per share (EPS) 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%. As a group, research analysts expect that Franklin Covey Co. will post 0.97 EPS for the current year.

Franklin Covey Company Profile

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.