Inspire Advisors LLC Sells 1,987 Shares of Escalade, Incorporated (NASDAQ:ESCA)

Inspire Advisors LLC lessened its holdings in Escalade, Incorporated (NASDAQ:ESCA) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,105 shares of the company’s stock after selling 1,987 shares during the quarter. Inspire Advisors LLC owned 0.30% of Escalade worth $587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ESCA. De Lisle Partners LLP grew its holdings in shares of Escalade by 6.3% in the 3rd quarter. De Lisle Partners LLP now owns 83,886 shares of the company’s stock worth $1,177,000 after purchasing an additional 5,000 shares during the last quarter. Barclays PLC grew its holdings in shares of Escalade by 251.3% in the 3rd quarter. Barclays PLC now owns 13,185 shares of the company’s stock worth $186,000 after purchasing an additional 9,432 shares during the last quarter. Arete Wealth Advisors LLC grew its holdings in shares of Escalade by 40.6% in the 3rd quarter. Arete Wealth Advisors LLC now owns 20,975 shares of the company’s stock worth $292,000 after purchasing an additional 6,059 shares during the last quarter. Hohimer Wealth Management LLC bought a new stake in shares of Escalade in the 3rd quarter worth about $166,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Escalade by 301.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 18,914 shares of the company’s stock worth $266,000 after purchasing an additional 14,204 shares during the last quarter. Institutional investors own 65.22% of the company’s stock.

Escalade Stock Up 1.0 %

ESCA opened at $14.98 on Wednesday. The firm’s 50-day simple moving average is $15.04 and its 200-day simple moving average is $14.54. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.41 and a current ratio of 3.45. Escalade, Incorporated has a twelve month low of $12.34 and a twelve month high of $16.99. The firm has a market cap of $207.88 million, a price-to-earnings ratio of 15.94 and a beta of 1.30.

Escalade (NASDAQ:ESCA) last posted its earnings results on Wednesday, February 26th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). The firm had revenue of $251.51 million during the quarter, compared to the consensus estimate of $62.20 million. Escalade had a return on equity of 7.17% and a net margin of 5.20%. Equities research analysts anticipate that Escalade, Incorporated will post 0.93 EPS for the current fiscal year.

Escalade Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, April 7th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, April 7th. This represents a $0.60 annualized dividend and a yield of 4.01%. Escalade’s dividend payout ratio (DPR) is 65.22%.

Escalade Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.