Equities research analysts at StockNews.com started coverage on shares of Duluth (NASDAQ:DLTH - Get Free Report) in a report released on Sunday. The brokerage set a "hold" rating on the stock.
Separately, Robert W. Baird decreased their price objective on shares of Duluth from $4.00 to $3.50 and set a "neutral" rating for the company in a research note on Friday, December 6th.
Check Out Our Latest Stock Analysis on Duluth
Duluth Trading Down 4.1 %
Shares of DLTH traded down $0.12 during midday trading on Friday, hitting $2.84. The stock had a trading volume of 22,093 shares, compared to its average volume of 31,965. The stock's 50 day moving average is $2.90 and its 200 day moving average is $3.40. The firm has a market cap of $90.35 million, a PE ratio of -2.87 and a beta of 1.30. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.30 and a quick ratio of 0.16. Duluth has a 1 year low of $2.55 and a 1 year high of $5.08.
Institutional Trading of Duluth
A number of hedge funds and other institutional investors have recently bought and sold shares of DLTH. Dimensional Fund Advisors LP grew its holdings in shares of Duluth by 7.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 843,672 shares of the company's stock worth $2,607,000 after purchasing an additional 58,991 shares during the last quarter. Madison Investment Advisors LLC purchased a new stake in Duluth in the 4th quarter valued at about $2,357,000. Tieton Capital Management LLC grew its stake in Duluth by 22.2% in the 4th quarter. Tieton Capital Management LLC now owns 725,635 shares of the company's stock worth $2,242,000 after acquiring an additional 131,895 shares in the last quarter. Bridgeway Capital Management LLC increased its position in shares of Duluth by 1.6% during the fourth quarter. Bridgeway Capital Management LLC now owns 279,437 shares of the company's stock worth $863,000 after acquiring an additional 4,459 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Duluth by 13.9% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 260,988 shares of the company's stock valued at $806,000 after acquiring an additional 31,837 shares in the last quarter. Hedge funds and other institutional investors own 24.39% of the company's stock.
About Duluth
(
Get Free Report)
Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.
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