The Duckhorn Portfolio, Inc. (NYSE:NAPA) Shares Bought by First Eagle Investment Management LLC

First Eagle Investment Management LLC lifted its position in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 5.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 377,472 shares of the company’s stock after purchasing an additional 18,500 shares during the quarter. First Eagle Investment Management LLC owned 0.26% of Duckhorn Portfolio worth $2,680,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Simon Quick Advisors LLC purchased a new stake in Duckhorn Portfolio during the second quarter worth $85,000. Bayesian Capital Management LP acquired a new stake in shares of Duckhorn Portfolio during the 1st quarter valued at about $133,000. BOKF NA purchased a new position in shares of Duckhorn Portfolio in the 2nd quarter valued at about $133,000. Simplicity Wealth LLC acquired a new position in Duckhorn Portfolio in the 1st quarter worth about $136,000. Finally, Bleakley Financial Group LLC purchased a new position in Duckhorn Portfolio during the first quarter worth approximately $136,000.

Duckhorn Portfolio Stock Down 3.9 %

Shares of NYSE NAPA opened at $5.70 on Friday. The company has a current ratio of 8.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average of $6.61 and a 200 day moving average of $7.61. The Duckhorn Portfolio, Inc. has a 12-month low of $5.55 and a 12-month high of $12.18. The stock has a market cap of $838.20 million, a PE ratio of 10.56, a P/E/G ratio of 4.76 and a beta of 0.22.

Analyst Ratings Changes

NAPA has been the subject of a number of recent analyst reports. BMO Capital Markets cut their price objective on Duckhorn Portfolio from $10.00 to $9.00 and set a “market perform” rating for the company in a research report on Friday, June 7th. Royal Bank of Canada reduced their price objective on shares of Duckhorn Portfolio from $14.00 to $11.00 and set an “outperform” rating for the company in a research report on Wednesday, May 29th. Finally, Citigroup dropped their target price on shares of Duckhorn Portfolio from $11.00 to $10.00 and set a “buy” rating on the stock in a research report on Friday, June 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $9.86.

Duckhorn Portfolio 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.