Quadrature Capital Ltd acquired a new position in shares of Oatly Group AB (NASDAQ:OTLY – Free Report) 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.
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.
Read Our Latest Report on OTLY
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.
Featured Stories
- Five stocks we like better than Oatly Group
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- Using the MarketBeat Dividend Yield Calculator
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Where Do I Find 52-Week Highs and Lows?
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Oatly Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oatly Group and related companies with MarketBeat.com's FREE daily email newsletter.