Rothschild Investment LLC Has $1.12 Million Holdings in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)

Rothschild Investment LLC cut its holdings in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) by 42.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,219 shares of the company's stock after selling 7,467 shares during the quarter. Rothschild Investment LLC's holdings in Ollie's Bargain Outlet were worth $1,121,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of OLLI. Legacy Capital Wealth Partners LLC raised its holdings in shares of Ollie's Bargain Outlet by 3.4% in the 4th quarter. Legacy Capital Wealth Partners LLC now owns 2,834 shares of the company's stock worth $311,000 after purchasing an additional 94 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Ollie's Bargain Outlet by 55.2% in the fourth quarter. Blue Trust Inc. now owns 284 shares of the company's stock valued at $31,000 after buying an additional 101 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Ollie's Bargain Outlet by 25.3% during the 4th quarter. UMB Bank n.a. now owns 545 shares of the company's stock valued at $60,000 after acquiring an additional 110 shares during the last quarter. Precision Wealth Strategies LLC boosted its stake in shares of Ollie's Bargain Outlet by 3.2% during the 4th quarter. Precision Wealth Strategies LLC now owns 3,889 shares of the company's stock worth $427,000 after acquiring an additional 119 shares in the last quarter. Finally, FORA Capital LLC boosted its stake in shares of Ollie's Bargain Outlet by 3.2% during the 3rd quarter. FORA Capital LLC now owns 4,800 shares of the company's stock worth $467,000 after acquiring an additional 148 shares in the last quarter.

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Wall Street Analyst Weigh In

Several equities research analysts have recently commented on OLLI shares. StockNews.com downgraded Ollie's Bargain Outlet from a "hold" rating to a "sell" rating in a report on Tuesday, February 4th. Citigroup raised shares of Ollie's Bargain Outlet from a "sell" rating to a "buy" rating and upped their price objective for the company from $64.00 to $133.00 in a research note on Wednesday, December 18th. Craig Hallum raised their price objective on shares of Ollie's Bargain Outlet from $107.00 to $130.00 and gave the stock a "buy" rating in a research note on Wednesday, December 11th. Wells Fargo & Company upped their price target on Ollie's Bargain Outlet from $95.00 to $105.00 and gave the company an "equal weight" rating in a research report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. raised their price objective on Ollie's Bargain Outlet from $105.00 to $135.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $118.07.

Ollie's Bargain Outlet Stock Performance

Shares of OLLI traded up $4.37 during trading hours on Friday, hitting $103.51. 1,268,324 shares of the company were exchanged, compared to its average volume of 957,729. The company has a market cap of $6.34 billion, a PE ratio of 30.90, a PEG ratio of 2.21 and a beta of 0.81. The firm's 50 day moving average is $107.72 and its 200-day moving average is $100.43. Ollie's Bargain Outlet Holdings, Inc. has a 52 week low of $68.05 and a 52 week high of $120.03.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last announced its earnings results on Tuesday, December 10th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.01. Ollie's Bargain Outlet had a return on equity of 13.15% and a net margin of 9.22%. The firm had revenue of $517.43 million during the quarter, compared to analysts' expectations of $518.83 million. During the same quarter in the prior year, the business earned $0.51 earnings per share. The company's revenue was up 7.8% on a year-over-year basis. As a group, equities analysts forecast that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current fiscal year.

Insider Buying and Selling at Ollie's Bargain Outlet

In related news, SVP James J. Comitale sold 5,325 shares of the firm's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $113.95, for a total value of $606,783.75. Following the completion of the transaction, the senior vice president now directly owns 3,140 shares of the company's stock, valued at $357,803. This trade represents a 62.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Larry Kraus sold 10,646 shares of Ollie's Bargain Outlet stock in a transaction on Monday, December 16th. The stock was sold at an average price of $115.58, for a total transaction of $1,230,464.68. Following the sale, the senior vice president now owns 1,905 shares in the company, valued at $220,179.90. This represents a 84.82 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 78,939 shares of company stock valued at $8,745,031 in the last ninety days. Company insiders own 0.87% of the company's stock.

Ollie's Bargain Outlet Profile

Ollie's Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company's products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.