SG Americas Securities LLC Purchases 1,128 Shares of Franklin Covey Co. (NYSE:FC)

SG Americas Securities LLC raised its position in shares of Franklin Covey Co. (NYSE:FC) by 46.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,566 shares of the business services provider’s stock after purchasing an additional 1,128 shares during the period. SG Americas Securities LLC’s holdings in Franklin Covey were worth $155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Rhumbline Advisers grew its holdings in Franklin Covey by 1.4% during the second quarter. Rhumbline Advisers now owns 16,214 shares of the business services provider’s stock valued at $708,000 after purchasing an additional 229 shares during the period. Engineers Gate Manager LP lifted its position in shares of Franklin Covey by 2.4% during the fourth quarter. Engineers Gate Manager LP now owns 11,648 shares of the business services provider’s stock worth $545,000 after acquiring an additional 268 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Franklin Covey by 2.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,180 shares of the business services provider’s stock worth $392,000 after acquiring an additional 283 shares in the last quarter. Citigroup Inc. lifted its position in shares of Franklin Covey by 14.5% during the fourth quarter. Citigroup Inc. now owns 2,429 shares of the business services provider’s stock worth $114,000 after acquiring an additional 307 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Franklin Covey by 0.4% during the second quarter. Northern Trust Corp now owns 125,199 shares of the business services provider’s stock worth $5,469,000 after acquiring an additional 456 shares in the last quarter. 69.88% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on FC. Barrington Research restated an “outperform” rating and set a $45.00 target price on shares of Franklin Covey in a research report on Monday, April 8th. StockNews.com downgraded Franklin Covey from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 5th. Roth Mkm lowered their price objective on Franklin Covey from $61.00 to $59.00 and set a “buy” rating on the stock in a research report on Tuesday, December 19th. Finally, Northland Securities lowered their price objective on Franklin Covey from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, March 28th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Franklin Covey has an average rating of “Buy” and an average price target of $66.33.

Franklin Covey Trading Up 0.3 %

Shares of FC stock opened at $39.07 on Tuesday. The business’s fifty day moving average is $39.05 and its 200 day moving average is $39.71. Franklin Covey Co. has a 52-week low of $32.19 and a 52-week high of $48.76. The company has a market capitalization of $518.46 million, a PE ratio of 31.76, a price-to-earnings-growth ratio of 1.14 and a beta of 1.22. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.85 and a current ratio of 0.88.

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.