Dean Capital Management Purchases 2,256 Shares of Franklin Covey Co. (NYSE:FC)

Dean Capital Management increased its position in Franklin Covey Co. (NYSE:FC) by 7.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,331 shares of the business services provider’s stock after purchasing an additional 2,256 shares during the quarter. Dean Capital Management owned approximately 0.25% of Franklin Covey worth $1,253,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of FC. Barclays PLC increased its holdings in shares of Franklin Covey by 178.9% in the third quarter. Barclays PLC now owns 33,499 shares of the business services provider’s stock valued at $1,379,000 after purchasing an additional 21,489 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Franklin Covey in the 4th quarter valued at about $2,186,000. Renaissance Technologies LLC raised its holdings in Franklin Covey by 7.2% in the 4th quarter. Renaissance Technologies LLC now owns 146,903 shares of the business services provider’s stock valued at $5,521,000 after acquiring an additional 9,900 shares during the period. EntryPoint Capital LLC acquired a new stake in Franklin Covey during the fourth quarter worth approximately $229,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Franklin Covey by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 301,054 shares of the business services provider’s stock worth $11,316,000 after acquiring an additional 5,872 shares during the period. 69.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Barrington Research reiterated an “outperform” rating and set a $35.00 target price on shares of Franklin Covey in a research note on Thursday, April 10th. StockNews.com cut Franklin Covey from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 11th.

Franklin Covey Stock Performance

Shares of NYSE:FC opened at $20.23 on Thursday. Franklin Covey Co. has a 12-month low of $18.94 and a 12-month high of $44.46. The company’s 50 day moving average price is $24.63 and its two-hundred day moving average price is $32.39. The firm has a market cap of $262.77 million, a PE ratio of 13.76, a PEG ratio of 1.74 and a beta of 0.83. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.03.

Franklin Covey (NYSE:FC) last posted its quarterly earnings data on Wednesday, April 2nd. The business services provider reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.03. The firm had revenue of $59.61 million for the quarter, compared to analyst estimates of $62.24 million. Franklin Covey had a return on equity of 25.23% and a net margin of 6.85%. Equities research analysts predict that Franklin Covey Co. will post 0.97 earnings per share for the current year.

Franklin Covey Company Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.