Intrepid Capital Management Inc. lowered its stake in shares of Franklin Covey Co. (NYSE:FC – Free Report) by 88.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,359 shares of the business services provider’s stock after selling 48,010 shares during the quarter. Intrepid Capital Management Inc.’s holdings in Franklin Covey were worth $239,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in FC. New York State Teachers Retirement System acquired a new stake in Franklin Covey in the 4th quarter valued at $38,000. R Squared Ltd bought a new stake in shares of Franklin Covey during the fourth quarter worth about $57,000. Wiser Advisor Group LLC raised its holdings in shares of Franklin Covey by 100.2% in the 4th quarter. Wiser Advisor Group LLC now owns 1,812 shares of the business services provider’s stock worth $68,000 after acquiring an additional 907 shares during the last quarter. AlphaQuest LLC bought a new position in Franklin Covey in the 4th quarter valued at about $169,000. Finally, Intech Investment Management LLC acquired a new position in Franklin Covey during the 4th quarter valued at about $203,000. Institutional investors own 69.88% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on FC shares. Barrington Research reiterated an “outperform” rating and set a $45.00 price target on shares of Franklin Covey in a report on Friday, March 21st. StockNews.com lowered Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Monday, January 13th.
Franklin Covey Stock Performance
Shares of FC stock opened at $28.03 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.94 and a current ratio of 0.97. The firm has a market cap of $369.87 million, a price-to-earnings ratio of 19.07, a P/E/G ratio of 1.74 and a beta of 1.29. Franklin Covey Co. has a 52 week low of $26.90 and a 52 week high of $44.46. The firm’s 50-day simple moving average is $32.88 and its two-hundred day simple moving average is $36.20.
Franklin Covey (NYSE:FC – Get Free Report) last announced its quarterly earnings data on Wednesday, January 8th. The business services provider reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.13). Franklin Covey had a net margin of 6.85% and a return on equity of 25.23%. As a group, equities analysts forecast that Franklin Covey Co. will post 0.97 earnings per share for the current year.
Franklin Covey 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.
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