Great West Life Assurance Co. Can decreased its position in Finish Line Inc (NASDAQ:FINL) by 11.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,415 shares of the specialty retailer’s stock after selling 6,883 shares during the period. Great West Life Assurance Co. Can owned approximately 0.13% of Finish Line worth $611,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Texas Permanent School Fund lifted its stake in Finish Line by 0.3% during the 2nd quarter. Texas Permanent School Fund now owns 29,462 shares of the specialty retailer’s stock valued at $417,000 after acquiring an additional 96 shares during the period. Tocqueville Asset Management L.P. lifted its stake in Finish Line by 0.6% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 23,854 shares of the specialty retailer’s stock valued at $338,000 after acquiring an additional 154 shares during the period. QS Investors LLC lifted its stake in Finish Line by 0.5% during the 2nd quarter. QS Investors LLC now owns 225,029 shares of the specialty retailer’s stock valued at $3,189,000 after acquiring an additional 1,212 shares during the period. Teachers Advisors LLC lifted its stake in Finish Line by 1.8% during the 2nd quarter. Teachers Advisors LLC now owns 74,464 shares of the specialty retailer’s stock valued at $1,055,000 after acquiring an additional 1,313 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its stake in Finish Line by 15.9% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 10,969 shares of the specialty retailer’s stock valued at $155,000 after acquiring an additional 1,504 shares during the period. Institutional investors own 99.96% of the company’s stock.

Several equities analysts have issued reports on the stock. Susquehanna Bancshares restated a “neutral” rating and set a $12.00 target price on shares of Finish Line in a research note on Friday, September 29th. Zacks Investment Research raised shares of Finish Line from a “sell” rating to a “hold” rating in a research report on Thursday, September 21st. B. Riley reaffirmed a “neutral” rating and set a $10.00 price target on shares of Finish Line in a research report on Friday. Canaccord Genuity reaffirmed a “hold” rating and set a $8.00 price target (down previously from $14.00) on shares of Finish Line in a research report on Tuesday, August 29th. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and set a $12.00 price target (up previously from $9.00) on shares of Finish Line in a research report on Monday, September 25th. Four equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $10.75.

Shares of Finish Line Inc (NASDAQ:FINL) opened at $13.54 on Monday. The stock has a market cap of $544.23, a P/E ratio of 52.08, a P/E/G ratio of 1.89 and a beta of 1.39. Finish Line Inc has a fifty-two week low of $6.90 and a fifty-two week high of $20.06.

Finish Line (NASDAQ:FINL) last released its earnings results on Thursday, December 21st. The specialty retailer reported ($0.26) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.36) by $0.10. The company had revenue of $378.50 million during the quarter, compared to analyst estimates of $361.46 million. Finish Line had a negative net margin of 0.62% and a positive return on equity of 5.43%. The firm’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.24) EPS. analysts anticipate that Finish Line Inc will post 0.67 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, December 11th. Investors of record on Friday, November 24th were issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend was Wednesday, November 22nd. Finish Line’s dividend payout ratio is 169.23%.

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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.

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

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