Atlas Capital Advisors Inc. acquired 12,800 shares of The Gap, Inc. (NYSE:GAP), valued at approximately $264,000, marking a new investment in the company during the first quarter. The Gap, Inc. reported $0.51 EPS for the last quarter, exceeding analysts' expectations by $0.07, alongside a revenue increase of 2.2% year-over-year. The company declared a quarterly dividend of $0.165, reflecting an annualized yield of 3.3% with a payout ratio of 28.57%. Several other institutional investors and hedge funds also recently modified their holdings of GAP. Bank of New York Mellon Corp bought a new stake in GAP during the first quarter worth about $56,763,000. LSV Asset Management bought a new stake in GAP during the first quarter worth about $32,655,000. Rhumbline Advisers bought a new stake in GAP during the first quarter worth about $12,210,000. Hennessy Advisors Inc. bought a new stake in GAP during the first quarter worth about $7,422,000. Finally, New York State Teachers Retirement System bought a new stake in GAP during the first quarter worth about $5,065,000. 58.81% of the stock is owned by institutional investors and hedge funds. In other news, CEO sold 51,385 shares of the business's stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $27.00, for a total value of $1,387,395.00. Following the transaction, the chief executive officer directly owned 123,985 shares of the company's stock, valued at $3,347,595. The trade was a 29.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through. Several analysts recently issued reports on the company. Wells Fargo & Company lowered GAP from an 'overweight' rating to an 'equal weight' rating and dropped their target price for the stock from $30.00 to $24.00 in a report on Wednesday, April 30th. Telsey Advisory Group restated a 'market perform' rating and issued a $26.00 price objective on shares of GAP in a research note on Friday, May 30th. Barclays upped their price objective on GAP from $26.00 to $33.00 and gave the company an 'overweight' rating in a research note on Tuesday, May 27th. Morgan Stanley dropped their price objective on GAP from $30.00 to $27.00 and set an 'overweight' rating on the stock in a research note on Tuesday, May 6th. Finally, lowered GAP from a 'buy' rating to a 'hold' rating in a research note on Sunday, August 3rd. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, GAP presently has a consensus rating of 'Moderate Buy' and an average target price of $27.93. GAP traded up $0.57 during midday trading on Tuesday, hitting $20.27. 313,288 shares of the company were exchanged, compared to its average volume of 8,894,997. The firm has a market capitalization of $7.63 billion, a P/E ratio of 8.74, a P/E/G ratio of 2.17 and a beta of 2.15. The Gap, Inc. has a 1-year low of $16.99 and a 1-year high of $29.29. The firm's 50 day moving average price is $21.16 and its 200-day moving average price is $21.91. The company has a quick ratio of 0.98, a current ratio of 1.71 and a debt-to-equity ratio of 0.45. GAP ( - ) last announced its earnings results on Thursday, May 29th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.44 by $0.07. The firm had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.41 billion. GAP had a return on equity of 27.86% and a net margin of 5.80%. The business's quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 EPS. As a group, equities analysts forecast that The Gap, Inc. will post 2.02 EPS for the current fiscal year. The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 30th. Stockholders of record on Wednesday, July 9th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Wednesday, July 9th. GAP's payout ratio is currently 28.57%. Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections.

Atlas Capital Advisors Inc. and The Gap

Atlas Capital Advisors Inc. acquired 12,800 shares of The Gap, Inc. (NYSE:GAP) valued at approximately $264,000 during the first quarter. The Gap reported a quarterly earnings per share (EPS) of $0.51, exceeding expectations, with a 2.2% year-over-year revenue increase. The company declared a $0.165 quarterly dividend, resulting in a 3.3% annualized yield and a 28.57% payout ratio. Several institutional investors including Bank of New York Mellon, LSV Asset Management, Rhumbline Advisers, Hennessy Advisors Inc., and the New York State Teachers Retirement System also increased their stakes in GAP during the first quarter. The CEO sold 51,385 shares at $27.00 per share, reducing their direct ownership by 29.30% to 123,985 shares valued at $3.347 million. Analyst ratings shifted, with Wells Fargo lowering its rating to 'equal weight' and target price to $24.00, while Barclays raised their target to $33.00 and rating to 'overweight'. The company has a market capitalization of $7.63 billion, a P/E ratio of 8.74, and a dividend yield of 3.3%. GAP operates globally in apparel retail through segments including Gap Global, Old Navy Global, Banana Republic Global, and Athleta.