39,781 Shares in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Bought by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG bought a new position in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 39,781 shares of the company's stock, valued at approximately $3,867,000. B. Metzler seel. Sohn & Co. Holding AG owned 0.06% of Ollie's Bargain Outlet at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Signaturefd LLC lifted its stake in shares of Ollie's Bargain Outlet by 6.4% in the 2nd quarter. Signaturefd LLC now owns 1,727 shares of the company's stock worth $170,000 after purchasing an additional 104 shares during the period. Trust Point Inc. grew its position in shares of Ollie's Bargain Outlet by 1.0% during the 3rd quarter. Trust Point Inc. now owns 13,184 shares of the company's stock valued at $1,281,000 after acquiring an additional 134 shares during the period. GAMMA Investing LLC increased its stake in shares of Ollie's Bargain Outlet by 37.9% in the 3rd quarter. GAMMA Investing LLC now owns 651 shares of the company's stock worth $63,000 after purchasing an additional 179 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Ollie's Bargain Outlet by 5.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,544 shares of the company's stock worth $344,000 after purchasing an additional 188 shares during the period. Finally, Vista Investment Partners LLC grew its holdings in Ollie's Bargain Outlet by 1.8% during the first quarter. Vista Investment Partners LLC now owns 11,087 shares of the company's stock valued at $882,000 after purchasing an additional 191 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on OLLI shares. Piper Sandler reiterated an "overweight" rating and set a $107.00 price objective on shares of Ollie's Bargain Outlet in a research note on Friday, October 4th. UBS Group raised their price objective on shares of Ollie's Bargain Outlet from $97.00 to $99.00 and gave the company a "neutral" rating in a research report on Friday, August 30th. StockNews.com lowered Ollie's Bargain Outlet from a "hold" rating to a "sell" rating in a research note on Tuesday, October 22nd. Gordon Haskett upgraded Ollie's Bargain Outlet from an "accumulate" rating to a "buy" rating and boosted their price objective for the company from $105.00 to $107.00 in a research report on Monday, August 26th. Finally, Loop Capital reiterated a "buy" rating and set a $110.00 target price on shares of Ollie's Bargain Outlet in a research report on Friday, September 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, Ollie's Bargain Outlet presently has a consensus rating of "Moderate Buy" and an average price target of $104.92.

Insider Buying and Selling at Ollie's Bargain Outlet

In other news, SVP Kevin Mclain sold 15,000 shares of the firm's stock in a transaction on Monday, September 16th. The stock was sold at an average price of $98.99, for a total transaction of $1,484,850.00. Following the transaction, the senior vice president now owns 10,610 shares in the company, valued at approximately $1,050,283.90. This trade represents a 58.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President Der Valk Eric Van sold 7,479 shares of the firm's stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $100.32, for a total transaction of $750,293.28. Following the transaction, the president now directly owns 5,615 shares in the company, valued at $563,296.80. This trade represents a 57.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 24,880 shares of company stock valued at $2,462,470 in the last three months. Company insiders own 0.87% of the company's stock.

Ollie's Bargain Outlet Stock Down 2.1 %

NASDAQ OLLI opened at $87.56 on Thursday. Ollie's Bargain Outlet Holdings, Inc. has a 52 week low of $68.05 and a 52 week high of $104.98. The firm has a market capitalization of $5.37 billion, a price-to-earnings ratio of 26.70, a PEG ratio of 2.22 and a beta of 0.84. The company has a fifty day moving average of $95.01 and a two-hundred day moving average of $92.20.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last posted its quarterly earnings data on Thursday, August 29th. The company reported $0.78 earnings per share for the quarter, hitting analysts' consensus estimates of $0.78. Ollie's Bargain Outlet had a net margin of 9.19% and a return on equity of 13.27%. The company had revenue of $578.38 million for the quarter, compared to analyst estimates of $561.60 million. During the same period in the prior year, the company posted $0.67 EPS. The firm's revenue for the quarter was up 12.4% on a year-over-year basis. Equities research analysts anticipate that Ollie's Bargain Outlet Holdings, Inc. will post 3.27 EPS for the current year.

Ollie's Bargain Outlet Profile

Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise in the United States. The company offers housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics; and other products, including hardware, candy, clothing, sporting goods, pet and lawn, and garden products.