Finish Line Inc (FINL) Stake Decreased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its position in Finish Line Inc (NASDAQ:FINL) by 8.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,129,872 shares of the specialty retailer’s stock after selling 286,483 shares during the period. Dimensional Fund Advisors LP owned 0.08% of Finish Line worth $37,651,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. QS Investors LLC grew its stake in Finish Line by 0.5% in the second quarter. QS Investors LLC now owns 225,029 shares of the specialty retailer’s stock worth $3,189,000 after purchasing an additional 1,212 shares in the last quarter. Teachers Advisors LLC grew its stake in Finish Line by 1.8% in the second quarter. Teachers Advisors LLC now owns 74,464 shares of the specialty retailer’s stock worth $1,055,000 after purchasing an additional 1,313 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in Finish Line by 15.9% in the second quarter. Public Employees Retirement System of Ohio now owns 10,969 shares of the specialty retailer’s stock worth $155,000 after purchasing an additional 1,504 shares in the last quarter. BNP Paribas Arbitrage SA grew its stake in Finish Line by 14.2% in the second quarter. BNP Paribas Arbitrage SA now owns 35,695 shares of the specialty retailer’s stock worth $506,000 after purchasing an additional 4,441 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in Finish Line by 7.5% in the second quarter. Legal & General Group Plc now owns 76,273 shares of the specialty retailer’s stock worth $1,081,000 after purchasing an additional 5,327 shares in the last quarter. Institutional investors and hedge funds own 99.96% of the company’s stock.

A number of equities analysts recently commented on FINL shares. Zacks Investment Research upgraded Finish Line from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Thursday, December 28th. BidaskClub upgraded Finish Line from a “hold” rating to a “buy” rating in a research note on Friday, December 29th. Cowen reiterated a “hold” rating and issued a $13.00 price target on shares of Finish Line in a research note on Sunday, September 17th. FBR & Co set a $10.00 price target on Finish Line and gave the stock a “hold” rating in a research note on Tuesday, October 17th. Finally, Canaccord Genuity lifted their price target on Finish Line from $8.00 to $9.00 and gave the stock a “hold” rating in a research note on Monday, September 25th. Four equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and two have assigned a buy rating to the company. Finish Line has a consensus rating of “Hold” and a consensus target price of $11.29.

Shares of Finish Line Inc (NASDAQ:FINL) opened at $13.55 on Friday. The firm has a market capitalization of $550.05, a P/E ratio of 23.12, a PEG ratio of 2.00 and a beta of 1.37. Finish Line Inc has a twelve month low of $6.90 and a twelve month high of $18.30.

Finish Line (NASDAQ:FINL) last released its quarterly earnings results on Thursday, December 21st. The specialty retailer reported ($0.26) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.36) by $0.10. The company had revenue of $378.50 million for the quarter, compared to analysts’ expectations of $361.46 million. Finish Line had a positive return on equity of 5.43% and a negative net margin of 0.62%. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.24) earnings per share. sell-side analysts predict that Finish Line Inc will post 0.65 earnings per share for the current fiscal year.

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About Finish Line

The Finish Line, Inc is a specialty retailer. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. The Company operates through the Finish Line brand. Finish Line is a retailer of athletic shoes, apparel and accessories.

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Institutional Ownership by Quarter for Finish Line (NASDAQ:FINL)

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