Golfsmith International Holdings, Inc. (NASDAQ:GOLF)‘s stock had its “overweight” rating reissued by investment analysts at KeyCorp in a report issued on Tuesday.

A number of other analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Golfsmith International Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. BidaskClub downgraded shares of Golfsmith International Holdings from a “hold” rating to a “sell” rating in a report on Saturday, September 2nd. Morgan Stanley raised their price objective on shares of Golfsmith International Holdings from $19.50 to $20.00 and gave the stock an “overweight” rating in a report on Thursday, November 9th. Nomura raised their price objective on shares of Golfsmith International Holdings from $18.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, November 9th. Finally, Jefferies Group LLC set a $22.00 price objective on shares of Golfsmith International Holdings and gave the stock a “buy” rating in a report on Thursday, October 26th. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $20.19.

Golfsmith International Holdings (NASDAQ:GOLF) last posted its quarterly earnings data on Wednesday, November 8th. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $347.30 million for the quarter, compared to analysts’ expectations of $339.73 million. The business’s revenue was up 2.4% compared to the same quarter last year.

WARNING: This piece of content was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/11/21/golfsmith-international-holdings-inc-golf-receives-overweight-rating-from-keycorp-2.html.

In other news, insider Mirae Asset Partners Private E sold 9,165,542 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $17.00, for a total value of $155,814,214.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Several hedge funds have recently added to or reduced their stakes in the company. Comerica Bank boosted its position in shares of Golfsmith International Holdings by 5.4% in the third quarter. Comerica Bank now owns 118,064 shares of the specialty retailer’s stock valued at $2,138,000 after acquiring an additional 6,023 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Golfsmith International Holdings by 12.8% in the third quarter. Bank of New York Mellon Corp now owns 159,647 shares of the specialty retailer’s stock valued at $2,835,000 after acquiring an additional 18,071 shares during the period. New York State Common Retirement Fund boosted its position in shares of Golfsmith International Holdings by 15.5% in the third quarter. New York State Common Retirement Fund now owns 78,310 shares of the specialty retailer’s stock valued at $1,391,000 after acquiring an additional 10,515 shares during the period. Principal Financial Group Inc. boosted its position in shares of Golfsmith International Holdings by 44.3% in the third quarter. Principal Financial Group Inc. now owns 3,485,832 shares of the specialty retailer’s stock valued at $61,908,000 after acquiring an additional 1,070,023 shares during the period. Finally, Raymond James Financial Services Advisors Inc. bought a new position in shares of Golfsmith International Holdings in the second quarter valued at approximately $2,354,000.

Golfsmith International Holdings Company Profile

Analyst Recommendations for Golfsmith International Holdings (NASDAQ:GOLF)

Receive News & Ratings for Golfsmith International Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golfsmith International Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.