Intech Investment Management LLC Takes Position in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Intech Investment Management LLC purchased a new position in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 14,850 shares of the company’s stock, valued at approximately $86,000.

Other institutional investors have also recently bought and sold shares of the company. MQS Management LLC bought a new position in shares of Duckhorn Portfolio in the third quarter valued at about $178,000. Barnett & Company Inc. bought a new position in Duckhorn Portfolio in the 3rd quarter valued at about $73,000. Aigen Investment Management LP bought a new stake in shares of Duckhorn Portfolio during the third quarter worth approximately $185,000. GSA Capital Partners LLP acquired a new position in shares of Duckhorn Portfolio in the third quarter valued at approximately $620,000. Finally, Entropy Technologies LP grew its position in shares of Duckhorn Portfolio by 117.0% in the third quarter. Entropy Technologies LP now owns 27,449 shares of the company’s stock valued at $159,000 after purchasing an additional 14,800 shares during the last quarter.

Wall Street Analyst Weigh In

NAPA has been the topic of several research reports. Jefferies Financial Group downgraded shares of Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 price target on the stock. in a research note on Friday. Barclays boosted 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, Royal Bank of Canada lowered Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and raised their price objective for the stock from $11.00 to $11.10 in a research note on Friday, October 11th. 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $10.01.

Duckhorn Portfolio Trading Up 0.2 %

NYSE NAPA opened at $11.06 on Monday. The firm has a market capitalization of $1.63 billion, a PE ratio of 26.33, a price-to-earnings-growth ratio of 9.51 and a beta of 0.03. The business’s 50-day moving average price is $10.45 and its two-hundred day moving average price is $8.15. The company has a current ratio of 8.05, a quick ratio of 1.33 and a debt-to-equity ratio of 0.24. The Duckhorn Portfolio, Inc. has a 12 month low of $5.38 and a 12 month high of $11.10.

Duckhorn Portfolio (NYSE:NAPA) last issued its quarterly earnings results on Monday, October 7th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.04. Duckhorn Portfolio had a net margin of 13.81% and a return on equity of 6.24%. The firm had revenue of $107.40 million for the quarter, compared to the consensus estimate of $104.76 million. During the same quarter in the previous year, the company earned $0.14 EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts expect that The Duckhorn Portfolio, Inc. will post 0.6 EPS for the current year.

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.