XTX Topco Ltd Has $423,000 Stake in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)

XTX Topco Ltd decreased its holdings in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) by 73.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,851 shares of the company's stock after selling 10,517 shares during the quarter. XTX Topco Ltd's holdings in Ollie's Bargain Outlet were worth $423,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Ollie's Bargain Outlet by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 5,821,957 shares of the company's stock valued at $638,843,000 after purchasing an additional 70,496 shares during the period. Congress Asset Management Co. increased its position in shares of Ollie's Bargain Outlet by 181.6% in the fourth quarter. Congress Asset Management Co. now owns 1,916,584 shares of the company's stock worth $210,307,000 after acquiring an additional 1,235,994 shares in the last quarter. Invesco Ltd. increased its position in shares of Ollie's Bargain Outlet by 1.1% in the fourth quarter. Invesco Ltd. now owns 1,645,472 shares of the company's stock worth $180,558,000 after acquiring an additional 17,302 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of Ollie's Bargain Outlet by 12.9% during the fourth quarter. Alliancebernstein L.P. now owns 1,629,572 shares of the company's stock valued at $178,813,000 after acquiring an additional 186,313 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Ollie's Bargain Outlet by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,082,660 shares of the company's stock valued at $118,837,000 after acquiring an additional 4,116 shares in the last quarter.

Ollie's Bargain Outlet Stock Up 1.8 %

OLLI stock traded up $1.87 during mid-day trading on Friday, reaching $107.31. 969,182 shares of the stock traded hands, compared to its average volume of 1,144,990. The firm has a market capitalization of $6.57 billion, a PE ratio of 32.03, a P/E/G ratio of 2.21 and a beta of 0.75. The business has a 50-day moving average of $107.02 and a two-hundred day moving average of $104.19. Ollie's Bargain Outlet Holdings, Inc. has a 52 week low of $70.17 and a 52 week high of $120.03.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last announced its earnings results on Wednesday, March 19th. The company reported $1.19 earnings per share 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 business had revenue of $667.10 million for the quarter, compared to the consensus estimate of $674.61 million. During the same quarter in the previous year, the company earned $1.23 EPS. Ollie's Bargain Outlet's revenue for the quarter was up 2.8% compared to the same quarter last year. On average, equities research analysts anticipate that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Morgan Stanley increased their price objective on Ollie's Bargain Outlet from $108.00 to $118.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 20th. Jefferies Financial Group cut shares of Ollie's Bargain Outlet from a "buy" rating to a "hold" rating and decreased their price target for the stock from $125.00 to $111.00 in a report on Tuesday, February 4th. Piper Sandler dropped their price objective on shares of Ollie's Bargain Outlet from $126.00 to $124.00 and set an "overweight" rating on the stock in a research note on Thursday, March 20th. StockNews.com lowered shares of Ollie's Bargain Outlet from a "hold" rating to a "sell" rating in a research note on Tuesday, February 4th. Finally, Royal Bank of Canada boosted their price target on shares of Ollie's Bargain Outlet from $130.00 to $133.00 and gave the company an "outperform" rating in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Ollie's Bargain Outlet presently has a consensus rating of "Moderate Buy" and a consensus target price of $123.08.

Insider Activity

In related news, CEO Der Valk Eric Van sold 1,153 shares of the business's stock in a transaction on Monday, March 31st. The stock was sold at an average price of $110.85, for a total value of $127,810.05. Following the sale, the chief executive officer now owns 6,768 shares of the company's stock, valued at $750,232.80. The trade was a 14.56 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert F. Helm sold 312 shares of the stock in a transaction on Monday, April 7th. The stock was sold at an average price of $107.17, for a total value of $33,437.04. Following the transaction, the chief financial officer now owns 3,273 shares of the company's stock, valued at $350,767.41. This represents a 8.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 37,897 shares of company stock valued at $4,227,970. 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.