Quadrature Capital Ltd Purchases Shares of 37,305 Oatly Group AB (NASDAQ:OTLY)

Quadrature Capital Ltd acquired a new position in shares of Oatly Group AB (NASDAQ:OTLY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 37,305 shares of the company’s stock, valued at approximately $44,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Performa Ltd US LLC grew its holdings in Oatly Group by 17.1% during the 4th quarter. Performa Ltd US LLC now owns 105,500 shares of the company’s stock worth $124,000 after acquiring an additional 15,440 shares in the last quarter. Independent Advisor Alliance purchased a new stake in shares of Oatly Group during the 4th quarter worth $28,000. Tower Research Capital LLC TRC acquired a new position in shares of Oatly Group during the fourth quarter worth $32,000. SG Americas Securities LLC increased its holdings in Oatly Group by 150.7% in the fourth quarter. SG Americas Securities LLC now owns 67,489 shares of the company’s stock valued at $80,000 after buying an additional 40,566 shares during the last quarter. Finally, IPG Investment Advisors LLC raised its stake in Oatly Group by 11.0% in the fourth quarter. IPG Investment Advisors LLC now owns 503,000 shares of the company’s stock valued at $594,000 after buying an additional 50,000 shares in the last quarter. 68.15% of the stock is owned by institutional investors and hedge funds.

Oatly Group Stock Down 2.8 %

Oatly Group stock opened at $0.94 on Friday. The stock has a 50-day simple moving average of $1.08 and a 200-day simple moving average of $1.11. The company has a market capitalization of $559.36 million, a P/E ratio of -1.18 and a beta of 2.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.61 and a current ratio of 0.75. Oatly Group AB has a fifty-two week low of $0.44 and a fifty-two week high of $2.32.

Oatly Group (NASDAQ:OTLY) last posted its quarterly earnings data on Tuesday, April 30th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.01. The business had revenue of $199.16 million during the quarter, compared to the consensus estimate of $198.43 million. Oatly Group had a negative return on equity of 41.06% and a negative net margin of 49.19%. During the same period in the prior year, the company earned ($0.13) earnings per share. Equities research analysts expect that Oatly Group AB will post -0.28 earnings per share for the current year.

Analyst Ratings Changes

Separately, DA Davidson began coverage on Oatly Group in a research report on Friday, March 1st. They set a “buy” rating and a $1.50 target price on the stock. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2.11.

About Oatly Group

Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard, and spreads in a variety of flavors; and ready-to-go drinks.