Atom Investors LP Invests $2.33 Million in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Atom Investors LP bought a new stake in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA - Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 400,556 shares of the company's stock, valued at approximately $2,327,000. Atom Investors LP owned approximately 0.27% of Duckhorn Portfolio at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Duckhorn Portfolio by 3.7% during the first quarter. Vanguard Group Inc. now owns 5,274,221 shares of the company's stock worth $49,103,000 after purchasing an additional 190,083 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Duckhorn Portfolio by 37.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 15,216 shares of the company's stock valued at $142,000 after buying an additional 4,170 shares during the period. Janus Henderson Group PLC increased its stake in shares of Duckhorn Portfolio by 432.1% during the 1st quarter. Janus Henderson Group PLC now owns 90,308 shares of the company's stock valued at $841,000 after acquiring an additional 73,335 shares during the last quarter. Simplicity Wealth LLC lifted its holdings in shares of Duckhorn Portfolio by 120.0% during the 2nd quarter. Simplicity Wealth LLC now owns 32,158 shares of the company's stock worth $228,000 after acquiring an additional 17,544 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Duckhorn Portfolio in the second quarter worth approximately $343,000.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NAPA. Barclays lifted their price target on shares of Duckhorn Portfolio from $6.00 to $11.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Royal Bank of Canada cut Duckhorn Portfolio from an "outperform" rating to a "sector perform" rating and lifted their target price for the company from $11.00 to $11.10 in a report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Duckhorn Portfolio presently has a consensus rating of "Hold" and a consensus target price of $9.85.

Duckhorn Portfolio Stock Performance

Shares of NYSE:NAPA traded up $0.01 during trading on Tuesday, reaching $11.03. 988,328 shares of the company's stock traded hands, compared to its average volume of 1,440,218. The stock has a market capitalization of $1.62 billion, a P/E ratio of 23.43, a price-to-earnings-growth ratio of 9.48 and a beta of 0.03. The Duckhorn Portfolio, Inc. has a 12 month low of $5.38 and a 12 month high of $11.10. The company has a 50 day moving average of $9.92 and a 200-day moving average of $8.04. The company has a debt-to-equity ratio of 0.24, a current ratio of 8.05 and a quick ratio of 1.33.

Duckhorn Portfolio (NYSE:NAPA - Get Free Report) last issued its earnings results on Monday, October 7th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.04. The company had revenue of $107.40 million during the quarter, compared to the consensus estimate of $104.76 million. Duckhorn Portfolio had a return on equity of 6.24% and a net margin of 13.81%. Duckhorn Portfolio's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 earnings per share. On average, equities analysts expect that The Duckhorn Portfolio, Inc. will post 0.6 EPS for the current year.

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.