Escalade, Incorporated (NASDAQ:ESCA) Holdings Increased by De Lisle Partners LLP

De Lisle Partners LLP increased its stake in Escalade, Incorporated (NASDAQ:ESCA) by 6.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,886 shares of the company’s stock after acquiring an additional 5,000 shares during the period. De Lisle Partners LLP owned approximately 0.60% of Escalade worth $1,177,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Bank of New York Mellon Corp increased its position in shares of Escalade by 0.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 126,474 shares of the company’s stock valued at $1,744,000 after purchasing an additional 1,071 shares during the period. Dimensional Fund Advisors LP grew its holdings in Escalade by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 458,464 shares of the company’s stock worth $6,322,000 after acquiring an additional 1,365 shares during the period. Vanguard Group Inc. lifted its holdings in Escalade by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 498,945 shares of the company’s stock valued at $6,860,000 after acquiring an additional 3,569 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Escalade during the 1st quarter valued at about $199,000. Finally, Inspire Advisors LLC bought a new stake in Escalade during the second quarter worth approximately $201,000. Institutional investors and hedge funds own 65.22% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Escalade from a “hold” rating to a “buy” rating in a research report on Thursday, October 10th.

Escalade Stock Up 0.9 %

Shares of Escalade stock opened at $14.99 on Thursday. Escalade, Incorporated has a 1 year low of $12.34 and a 1 year high of $22.01. The company has a market cap of $208.06 million, a P/E ratio of 15.95 and a beta of 1.22. The company has a current ratio of 3.45, a quick ratio of 1.41 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average price of $14.08 and a 200 day moving average price of $13.78.

Escalade Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 13th. Stockholders of record on Monday, January 6th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date is Monday, January 6th. Escalade’s dividend payout ratio (DPR) is 63.83%.

About Escalade

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.