Dividend Watching: The $0.18 mark is well within reach for Columbia Sportswear Company (NASDAQ:COLM).

Dividend Watching: The $0.18 mark is well within reach for Columbia Sportswear Company (NASDAQ:COLM).

Columbia Sportswear Company (NASDAQ:COLM) is expected to pay $0.18 on Dec 1, 2016. The indicated annual dividend is $0.72. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on Columbia Sportswear Company’s current price of $58.90, the dividend is 0.31%. This dividend’s record date is Nov 17, 2016 and the announcement date is Oct 28, 2016. The stock increased 0.26% or $0.15 on November 11, hitting $58.9. Columbia Sportswear Company (NASDAQ:COLM) has declined 0.20% since April 12, 2016 and is downtrending. It has underperformed by 5.19% the S&P500.

Columbia Sportswear Company is an apparel and footwear company. The company has a market cap of $4.19 billion. The Firm designs, sources, markets and distributes outdoor and active lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. It has a 24.4 P/E ratio. The Company’s geographic divisions are the United States, Latin America and Asia Pacific , the Europe, Middle East and Africa (EMEA), and Canada.

Insitutional Activity: The institutional sentiment decreased to 0.76 in Q2 2016. Its down 0.56, from 1.32 in 2016Q1. The ratio dropped, as 29 funds sold all Columbia Sportswear Company shares owned while 61 reduced positions. 21 funds bought stakes while 47 increased positions. They now own 24.15 million shares or 7.68% less from 26.16 million shares in 2016Q1.
Susquehanna International Group Llp holds 0% of its portfolio in Columbia Sportswear Company (NASDAQ:COLM) for 8,400 shares. Aperio Group Ltd Liability Corp accumulated 6,710 shares or 0% of the stock. Cubist Systematic Strategies Ltd Liability Corporation accumulated 0.02% or 5,464 shares. Citigroup Inc accumulated 7,445 shares or 0% of the stock. Zebra Cap Limited Liability has invested 1.06% of its portfolio in Columbia Sportswear Company (NASDAQ:COLM). California Pub Employees Retirement Sys accumulated 81,400 shares or 0.01% of the stock. Prudential Public Ltd holds 0.02% or 103,835 shares in its portfolio. Tiaa Cref Investment Management Lc holds 0% of its portfolio in Columbia Sportswear Company (NASDAQ:COLM) for 99,405 shares. Blackrock Grp Ltd last reported 0% of its portfolio in the stock. Moreover, Stifel Corporation has 0% invested in Columbia Sportswear Company (NASDAQ:COLM) for 4,773 shares. Credit Suisse Ag accumulated 0% or 29,460 shares. Cupps Cap Lc last reported 35,710 shares in the company. Moreover, Glenmede Trust Na has 0% invested in Columbia Sportswear Company (NASDAQ:COLM) for 4,051 shares. Hbk Investments Limited Partnership holds 17,323 shares or 0.01% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Columbia Sportswear Company (NASDAQ:COLM).

Insider Transactions: Since May 25, 2016, the stock had 0 insider purchases, and 6 selling transactions for $3.35 million net activity. Bragdon Peter J sold $297,168 worth of stock or 5,128 shares. 22,906 shares with value of $1.31 million were sold by BANY SARAH on Monday, October 31. 2,776 shares with value of $147,677 were sold by Nelson Ronald E. on Wednesday, May 25. GEORGE EDWARD S also sold $202,092 worth of Columbia Sportswear Company (NASDAQ:COLM) on Wednesday, November 9.

Columbia Sportswear Company (NASDAQ:COLM) Ratings Coverage

Out of 15 analysts covering Columbia Sportswear Company (NASDAQ:COLM), 9 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 60% are positive. Columbia Sportswear Company has been the topic of 24 analyst reports since August 3, 2015 according to StockzIntelligence Inc. FBR Capital maintained it with “Outperform” rating and $68 target price in Friday, July 29 report. The stock has “Hold” rating given by Canaccord Genuity on Friday, July 31. The rating was maintained by Citigroup on Friday, July 29 with “Buy”. KeyBanc Capital Markets initiated the stock with “Sector Weight” rating in Thursday, September 22 report. The stock of Columbia Sportswear Company (NASDAQ:COLM) earned “Neutral” rating by Bank of America on Thursday, November 19. On Friday, December 18 the stock rating was upgraded by Stifel Nicolaus to “Buy”. The firm has “Neutral” rating given on Tuesday, October 27 by Macquarie Research. The stock of Columbia Sportswear Company (NASDAQ:COLM) earned “Outperform” rating by Wedbush on Wednesday, November 2. The firm earned “Buy” rating on Friday, February 12 by Stifel Nicolaus. BB&T Capital initiated the shares of COLM in a report on Friday, September 11 with “Buy” rating.

More notable recent Columbia Sportswear Company (NASDAQ:COLM) news were published by: Businesswire.com which released: “Columbia Sportswear Company Reports Third Quarter and Year-to-Date 2016 …” on October 27, 2016, also Nasdaq.com with their article: “Columbia Sportswear Company Profit Retreats 8% In Q3” published on October 27, 2016, Businesswire.com published: “Columbia Sportswear Company to Announce Third Quarter Financial Results on …” on October 13, 2016. More interesting news about Columbia Sportswear Company (NASDAQ:COLM) were released by: Cnbc.com and their article: “This company wants to pay you to travel the world, and take selfies, too” published on September 11, 2016 as well as Oregonlive.com‘s news article titled: “Columbia Sportswear moving Sorel, 45 jobs, to downtown Portland” with publication date: November 01, 2016.

COLM Company Profile

Columbia Sportswear Company, incorporated on, February 3, 1961, is an apparel and footwear company. The Firm designs, sources, markets and distributes outdoor lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. The Company’s geographic divisions are the United States, Latin America and Asia Pacific (LAAP), Europe, the Middle East and Africa (EMEA), and Canada. The Firm develops and manages its merchandise in categories, including apparel, accessories and equipment, and footwear. It distributes its products through a mix of wholesale distribution channels, its own direct-to-consumer channels (retail stores and e-commerce), independent distributors and licensees. The Company’s products are sold in approximately 100 countries. In approximately 70 of those countries, it sells to independent distributors to whom it has granted distribution rights. Contract manufacturers located outside the United States manufacture all of its products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment