13GD Coverage: John H Lewis’s Osmium Partners Just Disclosed New Franklin Covey Co Position

13GD Coverage: John H Lewis's Osmium Partners Just Disclosed New Franklin Covey Co Position

The New John H Lewis’s Osmium Partners Holding in Franklin Covey Co

Osmium Partners filed with the SEC SC 13G form for Franklin Covey Co. The form can be accessed here: 000106299316012578. As reported in John H Lewis’s Osmium Partners’s form, the filler as of late owns 7.8% or 1,071,570 shares of the Industrials–company.

Franklin Covey Co stake is a new one for the for the hedge fund and it was filed because of activity on December 1, 2016. We feel this shows John H Lewis’s Osmium Partners’s positive view for the stock. For a hedge fund managing $158.11 million in assets and having 7+ active experts, we at Financialmagazine have no doubt the buy is a bullish signal.

The hedge fund is active investor in the Finance sector. In the manager’s last 13-F, we saw 25% of John H Lewis’s Osmium Partners’s US equities portfolio is in this sector.

Franklin Covey Co Institutional Sentiment

Latest Security and Exchange filings show 62 investors own Franklin Covey Co. The institutional ownership in Q3 2015 is high, at 100.26% of the outstanding shares. This is increased by 3636750 the total institutional shares. 13825971 were the shares owned by these institutional investors. In total 3 funds opened new Franklin Covey Co stakes, 26 increased stakes. There were 8 that closed positions and 22 reduced them.

2 managers had the stock in their top Ten. Notable investors are: Osmium Partners Llc..

Clifton S. Robbins Blue Clay Capital Management Llc is an institutional investor bullish on Franklin Covey Co, owning 52534 shares as of Q3 2015 for 0.67% of its portfolio. Pembroke Management Ltd owns 1529670 shares or 1.82% of its portfolio. CA Osmium Partners Llc have 7.11% of their stock portfolio for 384500 shares. Further, Spitfire Capital Llc reported stake worth 3.95% of its US stock portfolio. The MN Punch & Associates Investment Management Inc owns 754827 shares. Franklin Covey Co is 1.66% of the manager’s US portfolio.

Business Profile

Franklin Covey Co. is a global company specializing in performance improvement. The Company’s segments are Direct Offices, Strategic Markets, Education practice and International Licensees. The Direct Offices segment consists of its geographic sales offices that serve the United States and Canada, its international sales offices located in Japan, the United Kingdom and Australia, and its public programs group. The Strategic Markets segment includes its government services office, the Sales Performance practice, the Customer Loyalty practice, and a new Global 50 group, which is specifically focused on sales to large, multi-national organizations. The Education practice segment consists of its domestic and international Education practice operations, which are centered on sales to educational institutions, such as elementary schools, high schools, and colleges and universities. The International Licensees segment consists of its international licensees’ royalty revenues.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

John H Lewis’s Osmium Partners website.

Insitutional Activity: The institutional sentiment increased to 1.14 in 2016 Q2. Its up 0.28, from 0.86 in 2016Q1. The ratio is positive, as 4 funds sold all Franklin Covey Co. shares owned while 25 reduced positions. 8 funds bought stakes while 17 increased positions. They now own 7.64 million shares or 2.51% less from 7.84 million shares in 2016Q1.

Dimensional Fund L P, a Texas-based fund reported 1.26M shares. Moreover, Parametric Portfolio Assocs Limited Liability Co has 0% invested in Franklin Covey Co. (NYSE:FC) for 19,897 shares. Kcm Invest Ltd owns 10,000 shares or 0.01% of their US portfolio. Vanguard has invested 0% of its portfolio in Franklin Covey Co. (NYSE:FC). Bridgeway holds 0.01% or 33,334 shares in its portfolio. The California-based Blackrock Institutional Trust Company Na has invested 0% in Franklin Covey Co. (NYSE:FC). Moreover, Blackrock has 0% invested in Franklin Covey Co. (NYSE:FC) for 1,723 shares. Lapides Asset Management Ltd has 48,300 shares for 0.14% of their US portfolio. Walleye Trading Ltd Liability Co accumulated 0% or 1,000 shares. Mufg Americas Corp holds 0% of its portfolio in Franklin Covey Co. (NYSE:FC) for 335 shares. Oxford Asset owns 41,413 shares or 0.03% of their US portfolio. Blair William & Co Il accumulated 0.01% or 73,136 shares. Schwab Charles Invest Management accumulated 39,694 shares or 0% of the stock. Bnp Paribas Arbitrage Sa has 399 shares for 0% of their US portfolio. Goldman Sachs Group Inc holds 0% or 33,608 shares in its portfolio.

Insider Transactions: Since June 7, 2016, the stock had 0 insider purchases, and 8 selling transactions for $277,468 net activity. PETERSON JOEL CLINTON sold 1,793 shares worth $31,822.

Analysts await Franklin Covey Co. (NYSE:FC) to report earnings on January, 5. They expect $-0.01 EPS, down 120.00% or $0.06 from last year’s $0.05 per share. After $0.55 actual EPS reported by Franklin Covey Co. for the previous quarter, Wall Street now forecasts -101.82% negative EPS growth.

About 22,658 shares traded hands. Franklin Covey Co. (NYSE:FC) has risen 31.15% since April 28, 2016 and is uptrending. It has outperformed by 25.22% the S&P500.

Franklin Covey Co. is a global company specializing in performance improvement. The company has a market cap of $285.50 million. The Company’s divisions are Direct Offices, Strategic Markets, Education practice and International Licensees. It has a 43.27 P/E ratio. The Direct Offices segment consists of its geographic sales offices that serve the United States and Canada, its international sales offices located in Japan, the United Kingdom and Australia, and its public programs group.

Franklin Covey Co. (NYSE:FC) Ratings Coverage

Out of 3 analysts covering Franklin Covey Company (NYSE:FC), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $20 is the highest target while $20 is the lowest. The $20 average target is -4.08% below today’s ($20.85) stock price. Franklin Covey Company has been the topic of 3 analyst reports since November 5, 2015 according to StockzIntelligence Inc. On Thursday, November 5 the stock rating was maintained by TH Capital with “Buy”. The firm has “Market Perform” rating given on Thursday, November 5 by William Blair. The rating was maintained by Roth Capital on Thursday, November 5 with “Buy”.

More notable recent Franklin Covey Co. (NYSE:FC) news were published by: Quotes.Wsj.com which released: “News Franklin Covey Co.FC” on February 11, 2011, also Finance.Yahoo.com with their article: “Franklin Covey Co. Announces Launch of New FranklinCovey China, Company’s …” published on November 16, 2016, Businesswire.com published: “Franklin Covey Co. Named to 2016 Top 20 Leadership Training Companies List by …” on February 10, 2016. More interesting news about Franklin Covey Co. (NYSE:FC) were released by: Businesswire.com and their article: “Franklin Covey Co. Announces Dutch Auction Tender Offer” published on December 08, 2015 as well as Businesswire.com‘s news article titled: “Franklin Covey Co. Announces Final Results of Dutch Auction Tender Offer” with publication date: January 16, 2016.

According to Zacks Investment Research, “Franklin Covey Co. is an international learning and performance solutions company dedicated to increasing the effectiveness of individuals and organizations. They provide consulting services, training and education programs, educational materials, publications, assessment and measurement tools, implementation processes, application tools and products designed to empower individuals and organizations to become more effective.”

FC Company Profile

Franklin Covey Co. (FranklinCovey), incorporated on December 2, 1983, is engaged in performance improvement. The Firm operates in seven areas: Leadership, Execution, Productivity, Trust, Sales Performance, Customer Loyalty, and Education. The Firm operates globally with one common brand. The Firm also provides clients with training in management skills, relationship skills and individual effectiveness. The Firm provides personal-effectiveness literature and electronic educational solutions to its clients. The Company’s practices are designed to provide content and delivery, including books and recognized thought leadership, multiple deliveries and teaching methods, a practice-centric focused sales force, and practice-specific marketing support.

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