Canada Pension Plan Investment Board Buys New Stake in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Canada Pension Plan Investment Board purchased a new position in The Duckhorn Portfolio, Inc. (NYSE:NAPA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 14,200 shares of the company’s stock, valued at approximately $101,000.

A number of other large investors have also made changes to their positions in the business. Simon Quick Advisors LLC acquired a new stake in shares of Duckhorn Portfolio in the 2nd quarter worth $85,000. Bayesian Capital Management LP acquired a new stake in Duckhorn Portfolio in the first quarter worth about $133,000. BOKF NA purchased a new stake in shares of Duckhorn Portfolio during the second quarter worth about $133,000. Bleakley Financial Group LLC acquired a new position in shares of Duckhorn Portfolio during the first quarter valued at about $136,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Duckhorn Portfolio by 37.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 15,216 shares of the company’s stock valued at $142,000 after acquiring an additional 4,170 shares in the last quarter.

Analyst Ratings Changes

NAPA has been the topic of several research analyst reports. BMO Capital Markets dropped their target price on shares of Duckhorn Portfolio from $10.00 to $9.00 and set a “market perform” rating on the stock in a research report on Friday, June 7th. Citigroup lowered their price objective on shares of Duckhorn Portfolio from $11.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, June 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Duckhorn Portfolio presently has an average rating of “Hold” and a consensus price target of $9.86.

Duckhorn Portfolio Stock Up 1.6 %

NYSE:NAPA opened at $5.89 on Friday. The firm has a market capitalization of $866.12 million, a P/E ratio of 10.91, a PEG ratio of 4.86 and a beta of 0.22. The company’s fifty day moving average price is $6.43 and its 200-day moving average price is $7.48. The Duckhorn Portfolio, Inc. has a 1-year low of $5.49 and a 1-year high of $11.58. The company has a debt-to-equity ratio of 0.24, a current ratio of 8.09 and a quick ratio of 1.04.

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.