Virginia Retirement Systems ET AL Has $535,000 Holdings in Cabela’s Inc (CAB)

Virginia Retirement Systems ET AL decreased its position in shares of Cabela’s Inc (NYSE:CAB) by 2.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,000 shares of the company’s stock after selling 200 shares during the quarter. Virginia Retirement Systems ET AL’s holdings in Cabela’s were worth $535,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Investment Centers of America Inc. boosted its holdings in Cabela’s by 0.8% in the first quarter. Investment Centers of America Inc. now owns 5,237 shares of the company’s stock worth $278,000 after purchasing an additional 40 shares during the last quarter. Creative Planning boosted its holdings in Cabela’s by 0.8% in the second quarter. Creative Planning now owns 5,596 shares of the company’s stock worth $333,000 after purchasing an additional 47 shares during the last quarter. Liberty Mutual Group Asset Management Inc. boosted its holdings in Cabela’s by 0.5% in the first quarter. Liberty Mutual Group Asset Management Inc. now owns 23,140 shares of the company’s stock worth $1,229,000 after purchasing an additional 114 shares during the last quarter. Capstone Asset Management Co. boosted its holdings in Cabela’s by 4.4% in the second quarter. Capstone Asset Management Co. now owns 4,303 shares of the company’s stock worth $256,000 after purchasing an additional 180 shares during the last quarter. Finally, Advantus Capital Management Inc boosted its holdings in Cabela’s by 3.1% in the first quarter. Advantus Capital Management Inc now owns 6,579 shares of the company’s stock worth $349,000 after purchasing an additional 196 shares during the last quarter. Hedge funds and other institutional investors own 56.43% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Cabela’s from a “sell” rating to a “hold” rating in a report on Friday. Stifel Nicolaus reiterated a “hold” rating and issued a $61.50 price target (up from $59.00) on shares of Cabela’s in a research report on Friday, September 8th. Forward View reiterated a “buy” rating and issued a $61.50 price target on shares of Cabela’s in a research report on Thursday, September 7th. BidaskClub downgraded shares of Cabela’s from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Finally, Northcoast Research downgraded shares of Cabela’s from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $64.50.

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Cabela’s Inc (CAB) opened at 61.47 on Friday. The stock has a market capitalization of $4.24 billion, a PE ratio of 31.88 and a beta of 0.14. The company’s 50-day moving average is $55.62 and its 200 day moving average is $54.79. Cabela’s Inc has a 1-year low of $45.00 and a 1-year high of $63.60.

Cabela’s (NYSE:CAB) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.53 EPS for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.04). Cabela’s had a net margin of 3.29% and a return on equity of 8.60%. The company had revenue of $890.40 million for the quarter, compared to analyst estimates of $906.06 million. During the same period in the prior year, the company earned $0.59 EPS. The company’s revenue was down 4.2% compared to the same quarter last year. Equities analysts predict that Cabela’s Inc will post $2.58 earnings per share for the current year.

About Cabela’s

Cabela’s Incorporated is an omni-channel retailer of hunting, fishing, camping, shooting sports and related outdoor merchandise. The Company offers its customers a selection of national and regional brand products, including its Cabela’s brand. The Company’s segments include Merchandising and Financial Services.

Institutional Ownership by Quarter for Cabela`s (NYSE:CAB)

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