Out of 12 analysts covering Big Lots (NYSE:BIG), 10 rate it “Buy”, 1 “Sell”, while 4 “Hold”. This means 67% are positive. Big Lots was the topic in 16 analyst reports since August 11, 2015 according to StockzIntelligence Inc. Credit Suisse initiated the stock on March 16 with “Underperform” rating. Below is a list of Big Lots, Inc. (NYSE:BIG) latest ratings and price target changes.
16/03/2016 Broker: Credit Suisse Rating: Underperform New Target: $39.00 Initiate
09/12/2015 Broker: Citigroup Rating: Buy Old Target: $58.00 New Target: $50.00 Target Down
07/12/2015 Broker: Barclays Capital Rating: Old Target: $57.00 New Target: $52.00 Target Down
07/12/2015 Broker: M Partners Rating: Buy Old Target: $61 New Target: $58 Maintain
07/12/2015 Broker: Piper Jaffray Old Rating: Overweight New Rating: Neutral Downgrade
07/12/2015 Broker: Telsey Advisory Group Rating: Market Perform Old Target: $54 New Target: $46 Maintain
The stock decreased 0.26% or $0.12 during the last trading session, hitting $45.29. About 707,473 shares traded hands. Big Lots, Inc. (NYSE:BIG) has risen 11.16% since August 24, 2015 and is uptrending. It has outperformed by 2.14% the S&P500.
Big Lots, Inc. is a United States-based discount retailer. The company has a market cap of $2.25 billion. As of December 31, 2014, the Company, through its wholly owned subsidiaries, operated 1,460 stores in 48 states. It has 15.98 P/E ratio. The Company’s Food category includes beverage and grocery, candy and snacks, and specialty foods.
The institutional sentiment decreased to 0.69 in 2015 Q3. Its down 0.76, from 1.45 in 2015Q2. The ratio worsened, as 45 funds sold all Big Lots, Inc. shares owned while 111 reduced positions. 31 funds bought stakes while 77 increased positions. They now own 67.91 million shares or 8.71% more from 62.47 million shares in 2015Q2.
Westport Asset Management Inc holds 11.62% of its portfolio in Big Lots, Inc. for 278,882 shares. Westport Advisers Llc owns 459,541 shares or 2.98% of their US portfolio. Moreover, Sasco Capital Inc Ct has 2.96% invested in the company for 2.85 million shares. The Pennsylvania-based Snow Capital Management Lp has invested 2.01% in the stock. Walthausen & Co. Llc, a New York-based fund reported 478,907 shares.
Since March 12, 2015, the stock had 0 insider buys, and 2 sales for $1.06 million net activity. Mallott Philip E sold 5,000 shares worth $250,000. Bachmann Lisa M sold 16,563 shares worth $811,587. Campisi David J sold 1,600 shares worth $75,488. Hayes Peter J. sold 2,000 shares worth $100,940. The insider Chene Richard R sold 3,183 shares worth $160,701.
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