Securian Asset Management Inc. Has $509,000 Position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)

Securian Asset Management Inc. lowered its position in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,637 shares of the company’s stock after selling 122 shares during the quarter. Securian Asset Management Inc.’s holdings in Ollie’s Bargain Outlet were worth $509,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Royce & Associates LP grew its holdings in Ollie’s Bargain Outlet by 161.6% during the third quarter. Royce & Associates LP now owns 75,605 shares of the company’s stock valued at $7,349,000 after purchasing an additional 46,706 shares during the period. Oak Thistle LLC acquired a new position in Ollie’s Bargain Outlet during the fourth quarter valued at approximately $1,345,000. JPMorgan Chase & Co. grew its holdings in Ollie’s Bargain Outlet by 79.6% during the third quarter. JPMorgan Chase & Co. now owns 189,301 shares of the company’s stock valued at $18,400,000 after purchasing an additional 83,882 shares during the period. Van ECK Associates Corp grew its holdings in Ollie’s Bargain Outlet by 36.5% during the fourth quarter. Van ECK Associates Corp now owns 46,659 shares of the company’s stock valued at $5,120,000 after purchasing an additional 12,476 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Ollie’s Bargain Outlet by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 753,658 shares of the company’s stock valued at $73,256,000 after purchasing an additional 5,438 shares during the period.

Ollie’s Bargain Outlet Trading Up 0.8 %

NASDAQ OLLI opened at $103.32 on Tuesday. The firm’s fifty day moving average price is $105.15 and its two-hundred day moving average price is $101.26. Ollie’s Bargain Outlet Holdings, Inc. has a 1 year low of $68.05 and a 1 year high of $120.03. The firm has a market capitalization of $6.33 billion, a P/E ratio of 30.84, a price-to-earnings-growth ratio of 2.21 and a beta of 0.83.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Ollie’s Bargain Outlet from a “hold” rating to a “sell” rating in a research note on Tuesday, February 4th. Wells Fargo & Company lifted their price target on shares of Ollie’s Bargain Outlet from $95.00 to $105.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 11th. Truist Financial lifted their price target on shares of Ollie’s Bargain Outlet from $109.00 to $121.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Loop Capital lifted their price target on shares of Ollie’s Bargain Outlet from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Finally, Craig Hallum lifted their price target on shares of Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.29.

Ollie’s Bargain Outlet Profile

Ollie’s Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company’s products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.