Jane Street Group LLC Has $249,000 Position in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Jane Street Group LLC reduced its stake in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 84.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,912 shares of the company’s stock after selling 227,846 shares during the quarter. Jane Street Group LLC’s holdings in Duckhorn Portfolio were worth $249,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of NAPA. Westwood Holdings Group Inc. boosted its position in Duckhorn Portfolio by 4.0% during the 2nd quarter. Westwood Holdings Group Inc. now owns 3,663,304 shares of the company’s stock worth $26,009,000 after acquiring an additional 140,113 shares during the last quarter. Marshall Wace LLP acquired a new position in Duckhorn Portfolio during the 2nd quarter worth approximately $2,519,000. GSA Capital Partners LLP acquired a new position in Duckhorn Portfolio during the 3rd quarter worth approximately $620,000. Point72 Asset Management L.P. acquired a new position in Duckhorn Portfolio during the 3rd quarter worth approximately $651,000. Finally, River Road Asset Management LLC boosted its position in Duckhorn Portfolio by 6.1% during the 3rd quarter. River Road Asset Management LLC now owns 3,312,046 shares of the company’s stock worth $19,243,000 after acquiring an additional 190,498 shares during the last quarter.

Duckhorn Portfolio Price Performance

NAPA opened at $11.09 on Friday. The Duckhorn Portfolio, Inc. has a 1-year low of $5.38 and a 1-year high of $11.11. The stock’s fifty day simple moving average is $11.05 and its 200 day simple moving average is $8.74. The company has a current ratio of 3.73, a quick ratio of 0.61 and a debt-to-equity ratio of 0.22. The stock has a market cap of $1.63 billion, a PE ratio of 26.40, a price-to-earnings-growth ratio of 11.35 and a beta of 0.03.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Jefferies Financial Group cut Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 price objective on the stock. in a research note on Friday, December 6th. Barclays upped their price objective on Duckhorn Portfolio from $6.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Finally, Royal Bank of Canada cut Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and upped their price objective for the stock from $11.00 to $11.10 in a research note on Friday, October 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Duckhorn Portfolio has a consensus rating of “Hold” and an average target price of $10.01.

About Duckhorn Portfolio

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.