Virtu Financial LLC Purchases New Shares in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Virtu Financial LLC purchased a new position in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 42,354 shares of the company’s stock, valued at approximately $246,000.

Several other institutional investors have also recently bought and sold shares of NAPA. DekaBank Deutsche Girozentrale bought a new stake in shares of Duckhorn Portfolio during the 3rd quarter worth $31,000. Barnett & Company Inc. bought a new stake in Duckhorn Portfolio during the third quarter valued at about $73,000. CTC Alternative Strategies Ltd. purchased a new stake in Duckhorn Portfolio in the 3rd quarter worth approximately $74,000. Simon Quick Advisors LLC purchased a new stake in shares of Duckhorn Portfolio in the second quarter worth $85,000. Finally, Intech Investment Management LLC bought a new stake in Duckhorn Portfolio during the third quarter valued at about $86,000.

Duckhorn Portfolio Stock Up 0.0 %

Shares of NYSE:NAPA opened at $11.09 on Wednesday. The stock’s fifty day simple moving average is $11.01 and its 200-day simple moving average is $8.30. The company has a quick ratio of 0.61, a current ratio of 3.73 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $1.63 billion, a P/E ratio of 26.39, a P/E/G ratio of 11.35 and a beta of 0.03. The Duckhorn Portfolio, Inc. has a 52-week low of $5.38 and a 52-week high of $11.10.

Duckhorn Portfolio (NYSE:NAPA) last issued its quarterly earnings results on Monday, October 7th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.10 by $0.04. Duckhorn Portfolio had a net margin of 12.12% and a return on equity of 6.30%. The firm had revenue of $107.40 million during the quarter, compared to analyst estimates of $104.76 million. During the same quarter in the prior year, the business posted $0.14 earnings per share. Duckhorn Portfolio’s revenue for the quarter was up 7.3% compared to the same quarter last year. As a group, equities research analysts forecast that The Duckhorn Portfolio, Inc. will post 0.6 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on NAPA. Royal Bank of Canada cut shares of Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $11.00 to $11.10 in a research report on Friday, October 11th. Barclays increased their price target on Duckhorn Portfolio from $6.00 to $11.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Finally, Jefferies Financial Group lowered shares of Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 price target on the stock. in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Duckhorn Portfolio has a consensus rating of “Hold” and a consensus target price of $10.01.

Duckhorn Portfolio Company Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.