Foot Locker, Inc. (FL) SVP Sells 8000 Shares of Stock

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Before that, quarter ending October 2016, Foot Locker, Inc. also surprised analysts by beating the consensus estimate. (NYSE:FL) shares have seen a move of 0.78%.

Foot Locker, Inc. announced its recent quarter financial results after the market close on 24/02/2017, crushing consensus estimates with both its revenue and earnings. Great West Life Assurance Co. Canaccord Genuity maintained Foot Locker, Inc. FMR LLC now owns 7,218,272 shares of the textile maker's stock worth $511,703,000 after buying an additional 509,160 shares during the period. 9,641 are held by Rafferty Asset Management Ltd Limited Liability Company. Total expenses were 86.61 percent of quarterly revenues, up from 85.10 percent for the same period previous year. Foot Locker Inc now has $9.13B valuation.

Jeremy Bowman owns shares of Nike and Under Armour (C Shares). BlackRock Fund Advisors raised its position in Foot Locker by 3.7% in the third quarter. "(FL)" was first posted by Markets Daily and is the property of of Markets Daily. (NYSE:FL) stock a Strong Buy, 0 rate the stock a Buy, 4 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. The stock's average target of $77.76 is 10.38% above today's ($70.45) share price.

Deutsche Bank analyst said Paul Trussell said industry analysts did not have confidence that Foot Locker could deliver on its promised sales growth in the rest of the year. The textile maker reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates of $1.38 by $0.02. Foot Locker had a return on equity of 24.22% and a net margin of 8.26%.

The Cato Corporation (CATO), the fashion specialty retailer said sale in the first-quarter ending in April plunged 17% from a year ago to $237.7 million. Its sales came in at $2 billion in the period, which ended April 29. Investors of record on Friday, July 14th will be paid a dividend of $0.31 per share. The ABR rank is displayed in the range of 1 to 5 where 1 represents a Strong Buy and 5 a Strong Sell. The ex-dividend date of this dividend is Wednesday, July 12th. Tiaa Cref Inv Mngmt holds 0.08% of its portfolio in Foot Locker, Inc.

Foot Locker said its position at the center of sneaker culture is a benefit to the company. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Foot Locker, Inc. with MarketBeat.com's FREE daily email newsletter. FL has been the subject of several research reports. The lowest target is $27 while the high is $88. Also, SVP Paulette Alviti sold 8,000 shares of the business's stock in a transaction that occurred on Thursday, April 20th. And the values below 20 that it is oversold indicate prices could very well bounce upwards. Following the transaction, the senior vice president now owns 36,641 shares of the company's stock, valued at approximately $2,729,754.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Revenue during the period amounted to $1.89B, while analysts were anticipating $1.89B.

On 12/6/2016 Jarobin Gilbert Jr, Director, sold 1,000 with an average share price of $76.23 per share and the total transaction amounting to $76,230.00.

As of 11:34 a.m. EDT, the stock was down 15.2%.

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