The Duckhorn Portfolio, Inc. (NYSE:NAPA) Shares Sold by Walleye Capital LLC

Walleye Capital LLC trimmed its position in The Duckhorn Portfolio, Inc. (NYSE:NAPA - Free Report) by 42.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,025 shares of the company's stock after selling 48,094 shares during the period. Walleye Capital LLC's holdings in Duckhorn Portfolio were worth $384,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale acquired a new stake in shares of Duckhorn Portfolio in the third quarter valued at about $31,000. Barnett & Company Inc. purchased a new stake in shares of Duckhorn Portfolio during the 3rd quarter worth approximately $73,000. Simon Quick Advisors LLC acquired a new stake in shares of Duckhorn Portfolio in the 2nd quarter worth approximately $85,000. Intech Investment Management LLC purchased a new position in Duckhorn Portfolio in the 3rd quarter valued at approximately $86,000. Finally, ZWJ Investment Counsel Inc. acquired a new position in Duckhorn Portfolio during the third quarter worth $88,000.

Analyst Ratings Changes

A number of brokerages recently commented on NAPA. Royal Bank of Canada cut shares of Duckhorn Portfolio from an "outperform" rating to a "sector perform" rating and increased their price objective for the company from $11.00 to $11.10 in a research note on Friday, October 11th. Jefferies Financial Group cut Duckhorn Portfolio from a "buy" rating to a "hold" rating and set a $11.00 price objective for the company. in a research report on Friday. Finally, Barclays lifted their price target on shares of 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, four have assigned a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Duckhorn Portfolio presently has a consensus rating of "Hold" and a consensus target price of $10.01.

Duckhorn Portfolio Price Performance

Shares of NAPA remained flat at $11.07 during mid-day trading on Tuesday. 589,864 shares of the company traded hands, compared to its average volume of 1,436,061. The company has a current ratio of 3.73, a quick ratio of 0.61 and a debt-to-equity ratio of 0.22. The company has a market cap of $1.63 billion, a PE ratio of 26.37, a PEG ratio of 9.53 and a beta of 0.03. The Duckhorn Portfolio, Inc. has a twelve month low of $5.38 and a twelve month high of $11.10. The business has a fifty day moving average of $10.55 and a 200-day moving average of $8.17.

Duckhorn Portfolio (NYSE:NAPA - Get Free Report) last released its quarterly earnings data on Monday, October 7th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.04. Duckhorn Portfolio had a net margin of 12.12% and a return on equity of 6.30%. The company had revenue of $107.40 million during the quarter, compared to the consensus estimate of $104.76 million. During the same period in the previous year, the firm earned $0.14 earnings per share. Duckhorn Portfolio's revenue for the quarter was up 7.3% on a year-over-year basis. On average, sell-side analysts expect that The Duckhorn Portfolio, Inc. will post 0.6 earnings per share for the current year.

Duckhorn Portfolio Company Profile

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.