StockNews.com Initiates Coverage on Willamette Valley Vineyards (NASDAQ:WVVI)

StockNews.com started coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research report report published on Saturday. The brokerage issued a hold rating on the stock.

Willamette Valley Vineyards Trading Down 0.4 %

NASDAQ:WVVI opened at $5.03 on Friday. The company has a current ratio of 2.44, a quick ratio of 0.32 and a debt-to-equity ratio of 0.24. Willamette Valley Vineyards has a 12 month low of $4.63 and a 12 month high of $6.59. The company has a market cap of $24.95 million, a PE ratio of -8.82 and a beta of 0.70. The company has a 50 day simple moving average of $5.14 and a two-hundred day simple moving average of $5.33.

Institutional Investors Weigh In On Willamette Valley Vineyards

Large investors have recently added to or reduced their stakes in the stock. UBS Group AG grew its position in shares of Willamette Valley Vineyards by 102.8% during the 3rd quarter. UBS Group AG now owns 5,140 shares of the company’s stock valued at $32,000 after acquiring an additional 2,605 shares during the period. NewEdge Advisors LLC bought a new stake in shares of Willamette Valley Vineyards during the 2nd quarter valued at $81,000. Creative Planning grew its position in shares of Willamette Valley Vineyards by 99.4% during the 3rd quarter. Creative Planning now owns 31,100 shares of the company’s stock valued at $183,000 after acquiring an additional 15,500 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Willamette Valley Vineyards by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 213,403 shares of the company’s stock valued at $1,931,000 after acquiring an additional 8,461 shares during the period. Institutional investors own 12.24% of the company’s stock.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.