Asset Management One Co. Ltd. Grows Position in Dutch Bros Inc. (NYSE:BROS)

Asset Management One Co. Ltd. grew its stake in shares of Dutch Bros Inc. (NYSE:BROS) by 33.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,852 shares of the company’s stock after purchasing an additional 467 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Dutch Bros were worth $99,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BROS. Creative Planning boosted its stake in shares of Dutch Bros by 62.3% during the third quarter. Creative Planning now owns 12,451 shares of the company’s stock valued at $399,000 after purchasing an additional 4,778 shares during the period. Private Advisor Group LLC boosted its stake in shares of Dutch Bros by 269.1% during the third quarter. Private Advisor Group LLC now owns 24,924 shares of the company’s stock valued at $798,000 after purchasing an additional 18,171 shares during the period. Hedges Asset Management LLC boosted its stake in shares of Dutch Bros by 28.1% during the third quarter. Hedges Asset Management LLC now owns 11,400 shares of the company’s stock valued at $365,000 after purchasing an additional 2,500 shares during the period. US Bancorp DE boosted its stake in shares of Dutch Bros by 8.9% during the third quarter. US Bancorp DE now owns 11,224 shares of the company’s stock valued at $360,000 after purchasing an additional 922 shares during the period. Finally, Stephens Inc. AR purchased a new stake in shares of Dutch Bros during the third quarter valued at approximately $209,000. Hedge funds and other institutional investors own 85.54% of the company’s stock.

Dutch Bros Price Performance

BROS opened at $76.09 on Friday. Dutch Bros Inc. has a 12-month low of $26.38 and a 12-month high of $86.88. The company has a current ratio of 1.76, a quick ratio of 1.58 and a debt-to-equity ratio of 0.77. The stock has a fifty day simple moving average of $61.83 and a two-hundred day simple moving average of $46.37. The company has a market cap of $11.73 billion, a price-to-earnings ratio of 223.79, a price-to-earnings-growth ratio of 4.70 and a beta of 2.73.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on BROS shares. William Blair reaffirmed an “outperform” rating on shares of Dutch Bros in a research note on Tuesday, December 17th. Baird R W raised Dutch Bros from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Barclays raised Dutch Bros from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $38.00 to $70.00 in a research note on Tuesday, January 7th. Jefferies Financial Group raised their price target on Dutch Bros from $60.00 to $69.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Finally, Wedbush raised their price target on Dutch Bros from $65.00 to $100.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. One research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $74.83.

Dutch Bros Profile

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.