Buckingham Capital Management Cut Its Position in Foot Locker (FL) as Share Price Rose; As Autoliv (ALV) Shares Declined, Folketrygdfondet Has Boosted Stake

Foot Locker, Inc. (NYSE:FL) Logo

Buckingham Capital Management Inc decreased its stake in Foot Locker Inc (FL) by 18.78% based on its latest 2018Q4 regulatory filing with the SEC. Buckingham Capital Management Inc sold 75,000 shares as the company’s stock rose 12.72% with the market. The hedge fund held 324,423 shares of the consumer services company at the end of 2018Q4, valued at $17.26 million, down from 399,423 at the end of the previous reported quarter. Buckingham Capital Management Inc who had been investing in Foot Locker Inc for a number of months, seems to be less bullish one the $6.66 billion market cap company. The stock decreased 0.62% or $0.37 during the last trading session, reaching $58.98. About 3.47 million shares traded or 25.86% up from the average. Foot Locker, Inc. (NYSE:FL) has risen 38.08% since March 17, 2018 and is uptrending. It has outperformed by 33.71% the S&P500. Some Historical FL News: 17/04/2018 – Foot Locker Unveils ‘Before and After the Bite’ Campaign In Partnership With Notable Coalition Of Musicians And Artists; 03/04/2018 – The Klein Law Firm Announces Commencement of a Class Action Filed on Behalf of Foot Locker, Inc. Shareholders and a Lead Plaint; 16/03/2018 – Robbins Arroyo LLP: Foot Locker, Inc. (FL) Misled Shareholders According to a Recently Filed Class Action; 21/03/2018 – The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Foot Locker, Inc. (FL); 30/05/2018 – Check out the retail comeback with names like $FL $TIF $LOW $M surging in the past month; 25/05/2018 – FOOT LOCKER 1Q ADJ EPS $1.45, EST. $1.25; 25/05/2018 – Cramer: Foot Locker’s stellar earnings show the ‘mall is still not dead’ yet; 23/03/2018 – The Klein Law Firm Reminds Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Foot Locker, Inc; 25/05/2018 – Foot Locker is the spot to find all the cool shoes, says footwear and apparel analyst Sam Poser; 23/04/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Foot Locker, Inc. Shareholders and a Lead Plaintiff Deadline of May 8, 2018 (FL)

Folketrygdfondet increased its stake in Autoliv Inc. (ALV) by 17.09% based on its latest 2018Q4 regulatory filing with the SEC. Folketrygdfondet bought 10,021 shares as the company’s stock declined 5.26% while stock markets rallied. The institutional investor held 68,654 shares of the capital goods company at the end of 2018Q4, valued at $4.82M, up from 58,633 at the end of the previous reported quarter. Folketrygdfondet who had been investing in Autoliv Inc. for a number of months, seems to be bullish on the $6.86B market cap company. The stock increased 2.60% or $1.99 during the last trading session, reaching $78.67. About 1.13M shares traded or 74.32% up from the average. Autoliv, Inc. (NYSE:ALV) has declined 19.79% since March 17, 2018 and is downtrending. It has underperformed by 24.16% the S&P500. Some Historical ALV News: 27/04/2018 – Autoliv 1Q Net Pft $126.7M; 31/05/2018 – AUTOLIV INC – VEONEER EXPECTS HIGH RD&E INVESTMENTS TO CONTINUE AND CAPEX LEVELS TO BE IN HIGH SINGLE DIGITS, UNTIL 2020; 31/05/2018 – AUTOLIV INC ALV.N SAYS FOR NEW AUTOLIV ESTIMATES ITS LEVERAGE RATIO* OF NET DEBT* TO EBITDA WILL BE APPROXIMATELY 1.5X AT TIME OF COMPLETION OF SPIN-OFF; 21/05/2018 – AUTOLIV INTENDS TO PROVIDE TOTAL CASH LIQUIDITY OF ABOUT $1 BLN; 31/05/2018 – AUTOLIV CEO SAYS REGARDING THE $3 BLN SALES TARGET IN 2020 FOR VEONEER, “THOSE ARE ALMOST COMPLETELY ALREADY IN BOOKED ORDERS”; 31/05/2018 – AUTOLIV INC – VEONEER CFO SAYS FOR VEONEER NET RD&E AS A PCT OF SALES AND EVEN AS A GROSS FIGURE SHOULD NOT GROW MUCH FURTHER TILL 2020 – INVESTOR DAY; 31/05/2018 – Sweden’s Autoliv says Veoneer order intake grew 48 pct over past 12 months; 27/04/2018 – Autoliv 1Q Oper Pft $225.4M; 24/05/2018 – AUTOLIV ENTERS $800M BRIDGE FACILITY AGREEMENT; 27/04/2018 – Autoliv Sees FY Electronics Negative Organic Sales Growth of Around 3%

Investors sentiment decreased to 0.83 in Q4 2018. Its down 0.17, from 1 in 2018Q3. It dived, as 43 investors sold FL shares while 152 reduced holdings. 63 funds opened positions while 99 raised stakes. 106.73 million shares or 2.49% more from 104.14 million shares in 2018Q3 were reported. New Mexico Educational Retirement Board accumulated 10,500 shares or 0.03% of the stock. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys invested in 0.01% or 6,268 shares. Nuveen Asset Mgmt Limited Liability Corporation holds 0.16% or 483,570 shares. Citigroup reported 330,173 shares. Regions holds 0% of its portfolio in Foot Locker, Inc. (NYSE:FL) for 2,281 shares. Mirae Asset Global Investments Limited holds 0.01% or 14,788 shares in its portfolio. Manufacturers Life The has invested 0.01% of its portfolio in Foot Locker, Inc. (NYSE:FL). World Asset holds 0.03% or 8,081 shares in its portfolio. State Of New Jersey Common Pension Fund D owns 0.01% invested in Foot Locker, Inc. (NYSE:FL) for 53,000 shares. Us Bank De owns 339,481 shares. Principal Fincl Gru accumulated 214,543 shares. Transamerica Financial invested 0% in Foot Locker, Inc. (NYSE:FL). New York-based Element Capital Mngmt Limited Liability Co has invested 0.88% in Foot Locker, Inc. (NYSE:FL). Price T Rowe Associate Md holds 0% or 220,893 shares. J Goldman & Com LP reported 185,451 shares.

More notable recent Foot Locker, Inc. (NYSE:FL) news were published by: Benzinga.com which released: “Alibaba (NYSE:BABA), Costco Wholesale Corporation (NASDAQ:COST) – Retailers In Focus As New Week Starts, With Target, Costco, And Kohl’s Soon To Report – Benzinga” on March 04, 2019, also Benzinga.com with their article: “Earnings Scheduled For March 1, 2019 – Benzinga” published on March 01, 2019, Investorplace.com published: “The Death of Retail Stocks: Consumers Hoard Time and Money – Investorplace.com” on March 07, 2019. More interesting news about Foot Locker, Inc. (NYSE:FL) were released by: Benzinga.com and their article: “Analysts Mixed On Foot Locker Following Strong Q4 Earnings (NYSE:FL) – Benzinga” published on March 04, 2019 as well as Benzinga.com‘s news article titled: “Cowen Says Nike (NYSE:NKE) Has The Edge On Adidas (OTC:ADDYY), But Both Stocks Have Upside Ahead – Benzinga” with publication date: March 12, 2019.

Since November 19, 2018, it had 0 insider purchases, and 4 selling transactions for $991,802 activity. Another trade for 7,000 shares valued at $355,670 was sold by MCKENNA MATTHEW M.

Buckingham Capital Management Inc, which manages about $1.17B and $663.71M US Long portfolio, upped its stake in Builders Firstsource Inc (NASDAQ:BLDR) by 103,982 shares to 1.07M shares, valued at $11.64M in 2018Q4, according to the filing. It also increased its holding in Home Depot Inc (NYSE:HD) by 13,000 shares in the quarter, for a total of 110,187 shares, and has risen its stake in Vulcan Matls Co (NYSE:VMC).

Analysts await Foot Locker, Inc. (NYSE:FL) to report earnings on May, 24. They expect $1.61 EPS, up 11.03% or $0.16 from last year’s $1.45 per share. FL’s profit will be $181.75 million for 9.16 P/E if the $1.61 EPS becomes a reality. After $1.56 actual EPS reported by Foot Locker, Inc. for the previous quarter, Wall Street now forecasts 3.21% EPS growth.

Foot Locker, Inc. (NYSE:FL) Institutional Positions Chart