TD Private Client Wealth LLC Grows Stock Holdings in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)

TD Private Client Wealth LLC increased its position in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) by 32,635.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,749 shares of the company's stock after purchasing an additional 13,707 shares during the quarter. TD Private Client Wealth LLC's holdings in Ollie's Bargain Outlet were worth $1,509,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Legacy Capital Wealth Partners LLC boosted its holdings in shares of Ollie's Bargain Outlet by 3.4% during 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 during the last quarter. Blue Trust Inc. boosted its stake in Ollie's Bargain Outlet by 55.2% during the fourth quarter. Blue Trust Inc. now owns 284 shares of the company's stock worth $31,000 after buying an additional 101 shares during the last quarter. UMB Bank n.a. grew its holdings in Ollie's Bargain Outlet by 25.3% in the 4th quarter. UMB Bank n.a. now owns 545 shares of the company's stock valued at $60,000 after buying an additional 110 shares in the last quarter. Precision Wealth Strategies LLC increased its stake in shares of Ollie's Bargain Outlet by 3.2% in 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 during the last quarter. Finally, SRS Capital Advisors Inc. raised its holdings in shares of Ollie's Bargain Outlet by 14.4% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,098 shares of the company's stock worth $120,000 after acquiring an additional 138 shares during the period.

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Analyst Ratings Changes

OLLI has been the subject of several recent analyst reports. Jefferies Financial Group cut shares of Ollie's Bargain Outlet from a "buy" rating to a "hold" rating and cut their price objective for the stock from $125.00 to $111.00 in a research report on Tuesday, February 4th. Craig Hallum increased their price target on shares of Ollie's Bargain Outlet from $107.00 to $130.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. UBS Group lifted their price target on shares of Ollie's Bargain Outlet from $117.00 to $123.00 and gave the company a "neutral" rating in a research report on Thursday, March 20th. StockNews.com lowered Ollie's Bargain Outlet from a "hold" rating to a "sell" rating in a research report on Tuesday, February 4th. Finally, Wells Fargo & Company raised their target price on Ollie's Bargain Outlet from $95.00 to $105.00 and gave the stock an "equal weight" rating in a research note on Wednesday, December 11th. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Ollie's Bargain Outlet has a consensus rating of "Moderate Buy" and a consensus price target of $123.08.

Ollie's Bargain Outlet Trading Down 1.2 %

OLLI traded down $1.33 during trading hours on Tuesday, hitting $106.90. 607,168 shares of the company's stock were exchanged, compared to its average volume of 1,090,893. Ollie's Bargain Outlet Holdings, Inc. has a 12-month low of $68.05 and a 12-month high of $120.03. The firm has a market cap of $6.55 billion, a P/E ratio of 31.93, a price-to-earnings-growth ratio of 2.21 and a beta of 0.83. The firm has a 50 day moving average of $105.30 and a 200 day moving average of $101.85.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last announced its quarterly earnings data on Wednesday, March 19th. The company reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.01). Ollie's Bargain Outlet had a net margin of 9.22% and a return on equity of 13.15%. The company had revenue of $667.10 million during the quarter, compared to analyst estimates of $674.61 million. During the same quarter in the previous year, the business posted $1.23 earnings per share. The firm's revenue was up 2.8% on a year-over-year basis. As a group, research analysts expect that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 EPS for the current fiscal year.

Ollie's Bargain Outlet Company 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.