Notable Runner: Cabelas Inc (NYSE:CAB) Institutional Investor Positioning

November 30, 2016 - By Darrin Black   ·   0 Comments

Notable Runner: Cabelas Inc (NYSE:CAB) Institutional Investor Positioning

Sentiment for Cabelas Inc (NYSE:CAB)

Cabelas Inc (NYSE:CAB) institutional sentiment decreased to 0.9 in Q2 2016. Its down -0.17, from 1.07 in 2016Q1. The ratio dropped, as 112 institutional investors increased or opened new stock positions, while 105 sold and decreased equity positions in Cabelas Inc. The institutional investors in our partner’s database now have: 40.87 million shares, down from 43.16 million shares in 2016Q1. Also, the number of institutional investors holding Cabelas Inc in their top 10 stock positions was flat from 6 to 6 for the same number . Sold All: 24 Reduced: 81 Increased: 89 New Position: 23.

Cabela’s Incorporated is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor merchandise. The company has a market cap of $4.27 billion. The Firm offers national and regional brand products, including its Cabela’s brand. It has a 25.59 P/E ratio. The Company’s divisions include Retail, Direct, Financial Services, and Corporate Overhead and Other.

About 328,025 shares traded hands. Cabelas Inc (NYSE:CAB) has risen 19.83% since April 27, 2016 and is uptrending. It has outperformed by 14.60% the S&P500.

Analysts await Cabelas Inc (NYSE:CAB) to report earnings on February, 16. They expect $1.23 earnings per share, down 2.38% or $0.03 from last year’s $1.26 per share. CAB’s profit will be $84.34 million for 12.66 P/E if the $1.23 EPS becomes a reality. After $0.53 actual earnings per share reported by Cabelas Inc for the previous quarter, Wall Street now forecasts 132.08% EPS growth.

According to Zacks Investment Research, “Cabelas Inc is the nation’s largest direct marketer, and a leading specialty retailer, of hunting, fishing, camping and related outdoor merchandise.”

Matthew 25 Management Corp holds 8.15% of its portfolio in Cabelas Inc for 580,000 shares. 13D Management Llc owns 255,636 shares or 5.26% of their US portfolio. Moreover, Beddow Capital Management Inc has 4.62% invested in the company for 221,835 shares. The Washington-based Smead Capital Management Inc. has invested 3.2% in the stock. Private Capital Management Llc, a Florida-based fund reported 378,015 shares.#img1#

Cabelas Inc (NYSE:CAB) Ratings Coverage

Ratings analysis reveals 33% of Cabela’s’s analysts are positive. Out of 15 Wall Street analysts rating Cabela’s, 5 give it “Buy”, 0 “Sell” rating, while 10 recommend “Hold”. The lowest target is $38 while the high is $64. The stock’s average target of $50.44 is -19.00% below today’s ($62.27) share price. CAB was included in 23 notes of analysts from July 27, 2015. The stock has “Neutral” rating given by DA Davidson on Thursday, December 3. The firm has “Hold” rating by Feltl & Co given on Monday, October 3. Northland Capital maintained Cabelas Inc (NYSE:CAB) rating on Friday, July 24. Northland Capital has “Outperform” rating and $55 price target. M Partners maintained it with “Buy” rating and $57 target price in Friday, July 24 report. The company was downgraded on Friday, October 23 by Northcoast. The stock of Cabelas Inc (NYSE:CAB) has “Buy” rating given on Thursday, September 3 by DA Davidson. The company was downgraded on Wednesday, December 16 by SunTrust. The rating was downgraded by DA Davidson to “Neutral” on Wednesday, October 14. The firm has “Speculative Buy” rating given on Monday, February 22 by Forward View. The rating was downgraded by Sterne Agee CRT to “” on Friday, October 23.

CAB Company Profile

Cabela’s Incorporated, incorporated on December 17, 2003, is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor merchandise. The Firm offers national and regional brand products, including its Cabela’s brand. The Company’s divisions include Retail, Direct, Financial Services, and Corporate Overhead and Other. The Company’s products include merchandise and equipment for hunting, fishing, marine use and camping, along with casual and outdoor apparel and footwear, optics, vehicle accessories, and gifts and home furnishings with an outdoor theme. The hunting equipment merchandise includes a range of firearms, ammunition, optics, archery products, and related accessories and supplies for hunting and sport shooting. The general outdoors merchandise category includes a range of equipment and accessories supporting outdoor activities, including fishing and tackle products; a range of boats, electronics and marine accessories and equipment; camping gear and equipment for various experience levels of outdoor enthusiasts; food preparation and outdoor cooking products; all-terrain vehicles and accessories for automobiles and all-terrain vehicles, and gifts and home furnishings. The clothing and footwear merchandise category includes fieldwear apparel and footwear, sportswear apparel and footwear, including technical gear for the active outdoor enthusiast, apparel and footwear for the casual customer, and workwear products.

More news for Cabelas Inc (NYSE:CAB) were recently published by: Reuters.com, which released: “Bass Pro Shops hooks Cabela’s in $5.5 billion deal” on October 03, 2016. Seekingalpha.com‘s article titled: “Cabela’s Inc.: Worth Waiting For The Buyout?” and published on November 11, 2016 is yet another important article.

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By Darrin Black

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