Roman Butler Fullerton & Co. Sells 1,726 Shares of Smith & Wesson Brands, Inc. (NASDAQ:SWBI)

Roman Butler Fullerton & Co. cut its stake in Smith & Wesson Brands, Inc. (NASDAQ:SWBI) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,132 shares of the company’s stock after selling 1,726 shares during the period. Roman Butler Fullerton & Co. owned 0.12% of Smith & Wesson Brands worth $733,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of SWBI. US Bancorp DE raised its position in Smith & Wesson Brands by 117.0% in the 1st quarter. US Bancorp DE now owns 2,448 shares of the company’s stock worth $37,000 after purchasing an additional 1,320 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of Smith & Wesson Brands by 1,255.8% during the fourth quarter. International Assets Investment Management LLC now owns 3,037 shares of the company’s stock worth $41,000 after acquiring an additional 2,813 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Smith & Wesson Brands by 221.2% during the third quarter. Tower Research Capital LLC TRC now owns 3,273 shares of the company’s stock valued at $42,000 after acquiring an additional 2,254 shares during the period. Quarry LP bought a new position in Smith & Wesson Brands in the second quarter valued at about $42,000. Finally, Advisory Services Network LLC increased its position in Smith & Wesson Brands by 29.0% in the first quarter. Advisory Services Network LLC now owns 4,450 shares of the company’s stock worth $55,000 after purchasing an additional 1,000 shares during the period. 59.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Deana L. Mcpherson sold 13,068 shares of Smith & Wesson Brands stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $17.49, for a total transaction of $228,559.32. Following the transaction, the insider now owns 76,370 shares of the company’s stock, valued at approximately $1,335,711.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Deana L. Mcpherson sold 13,068 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $17.49, for a total transaction of $228,559.32. Following the sale, the insider now owns 76,370 shares of the company’s stock, valued at approximately $1,335,711.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert L. Scott sold 2,000 shares of Smith & Wesson Brands stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $17.90, for a total value of $35,800.00. Following the transaction, the director now owns 71,569 shares in the company, valued at $1,281,085.10. The disclosure for this sale can be found here. Insiders sold a total of 19,068 shares of company stock valued at $317,619 in the last ninety days. 0.99% of the stock is owned by insiders.

Smith & Wesson Brands Trading Up 1.0 %

SWBI stock traded up $0.17 during midday trading on Thursday, reaching $16.66. The company’s stock had a trading volume of 26,140 shares, compared to its average volume of 391,929. The business’s 50-day simple moving average is $15.77 and its 200-day simple moving average is $14.37. The company has a quick ratio of 1.42, a current ratio of 3.21 and a debt-to-equity ratio of 0.27. Smith & Wesson Brands, Inc. has a 52 week low of $10.38 and a 52 week high of $18.05. The stock has a market cap of $768.03 million, a PE ratio of 28.93 and a beta of 1.17.

Smith & Wesson Brands (NASDAQ:SWBI) last posted its quarterly earnings results on Thursday, March 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.08. The business had revenue of $137.48 million for the quarter, compared to analyst estimates of $133.56 million. Smith & Wesson Brands had a return on equity of 9.44% and a net margin of 5.05%. The firm’s revenue was up 6.5% on a year-over-year basis. During the same period last year, the company earned $0.25 EPS. As a group, sell-side analysts expect that Smith & Wesson Brands, Inc. will post 0.8 EPS for the current year.

Smith & Wesson Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $0.48 annualized dividend and a dividend yield of 2.88%. Smith & Wesson Brands’s payout ratio is currently 84.21%.

Wall Street Analyst Weigh In

Separately, Craig Hallum upgraded shares of Smith & Wesson Brands from a “hold” rating to a “buy” rating and upped their target price for the company from $14.00 to $18.00 in a research report on Friday, March 8th.

About Smith & Wesson Brands

Smith & Wesson Brands, Inc designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands.