Bank of Montreal Can decreased its holdings in shares of Foot Locker, Inc. (NYSE:FL) by 11.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,926,399 shares of the athletic footwear retailer’s stock after selling 205,865 shares during the quarter. Bank of Montreal Can owned approximately 2.38% of Foot Locker worth $57,203,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Macquarie Group Ltd. acquired a new stake in shares of Foot Locker during the 4th quarter valued at approximately $260,000. Sei Investments Co. boosted its stake in shares of Foot Locker by 59.8% during the 4th quarter. Sei Investments Co. now owns 33,518 shares of the athletic footwear retailer’s stock valued at $732,000 after buying an additional 12,973 shares during the period. Stone Ridge Asset Management LLC acquired a new stake in shares of Foot Locker during the 4th quarter valued at approximately $576,000. Bank of New York Mellon Corp boosted its stake in shares of Foot Locker by 5.9% during the 4th quarter. Bank of New York Mellon Corp now owns 4,128,093 shares of the athletic footwear retailer’s stock valued at $95,076,000 after buying an additional 242,107 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Foot Locker by 6.7% during the 4th quarter. Geode Capital Management LLC now owns 1,580,420 shares of the athletic footwear retailer’s stock valued at $40,946,000 after buying an additional 92,065 shares during the period. Institutional investors and hedge funds own 86.67% of the company’s stock.

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Shares of NYSE:FL opened at $36.47 on Friday. The company has a market cap of $4.68 billion, a PE ratio of 13.99, a PEG ratio of 1.66 and a beta of 0.95. The company has a current ratio of 5.24, a quick ratio of 3.76 and a debt-to-equity ratio of 0.02. Foot Locker, Inc. has a 12 month low of $24.95 and a 12 month high of $48.17.

Foot Locker (NYSE:FL) last announced its quarterly earnings data on Thursday, February 28th. The athletic footwear retailer reported $0.87 EPS for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.06. The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.83 billion. Foot Locker had a net margin of 6.24% and a return on equity of 22.36%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 EPS. Analysts forecast that Foot Locker, Inc. will post 4.51 earnings per share for the current fiscal year.

FL has been the topic of several recent research reports. Cowen reaffirmed a “hold” rating and issued a $45.00 price objective on shares of Foot Locker in a research note on Friday, December 7th. Zacks Investment Research raised shares of Foot Locker from a “sell” rating to a “hold” rating in a research note on Wednesday, November 21st. KeyCorp raised shares of Foot Locker from a “sector weight” rating to an “overweight” rating and set a $50.00 price objective for the company in a research note on Monday, January 7th. Northcoast Research reissued a “buy” rating and issued a $46.00 price objective on shares of Foot Locker in a research note on Monday, January 7th. Finally, Goldman Sachs Group reissued a “buy” rating and issued a $45.00 price objective on shares of Foot Locker in a research note on Thursday, February 28th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and sixteen have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $41.88.

In other news, CEO Richard Johnson sold 26,5