Capstone Investment Advisors LLC Acquires Shares of 126,714 The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Capstone Investment Advisors LLC acquired a new position in The Duckhorn Portfolio, Inc. (NYSE:NAPA - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 126,714 shares of the company's stock, valued at approximately $736,000. Capstone Investment Advisors LLC owned approximately 0.09% of Duckhorn Portfolio as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in NAPA. DekaBank Deutsche Girozentrale bought a new position in shares of Duckhorn Portfolio in the third quarter valued at about $31,000. Barnett & Company Inc. acquired a new position in shares of Duckhorn Portfolio in the 3rd quarter valued at approximately $73,000. Simon Quick Advisors LLC acquired a new position in shares of Duckhorn Portfolio during the 2nd quarter worth $85,000. Intech Investment Management LLC acquired a new position in Duckhorn Portfolio during the third quarter worth about $86,000. Finally, ZWJ Investment Counsel Inc. bought a new position in Duckhorn Portfolio in the 3rd quarter valued at approximately $88,000.

Duckhorn Portfolio Stock Up 0.3 %

Shares of NYSE NAPA traded up $0.04 during mid-day trading on Friday, reaching $11.02. 1,505,348 shares of the company's stock traded hands, compared to its average volume of 1,427,309. The company has a debt-to-equity ratio of 0.24, a current ratio of 8.05 and a quick ratio of 1.33. The business has a 50-day simple moving average of $9.71 and a 200 day simple moving average of $8.00. The stock has a market cap of $1.62 billion, a P/E ratio of 23.36, a PEG ratio of 9.46 and a beta of 0.02. The Duckhorn Portfolio, Inc. has a 1-year low of $5.38 and a 1-year high of $11.10.

Duckhorn Portfolio (NYSE:NAPA - Get Free Report) last released its quarterly earnings results on Monday, October 7th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.04. The business 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%. The company's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 EPS. On average, analysts expect that The Duckhorn Portfolio, Inc. will post 0.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Royal Bank of Canada cut Duckhorn Portfolio from an "outperform" rating to a "sector perform" rating and boosted their price target for the stock from $11.00 to $11.10 in a report on Friday, October 11th. Barclays increased their price target on Duckhorn Portfolio from $6.00 to $11.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $9.85.

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.